Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Phemex against BingX+0.111%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.111%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.094% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.8040 | 0.0100 | pay 0.0100% / 8h | 10m 56s | — | $24.8M | — |
| Short | Phemex ATOMUSDT | 1.8060 | 0.0100 | get 0.0100% / 8h | 10m 56s | $1.6M | $1.9M | 50x |
BingX ATOM-USDT
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.111% → +0.017%
- $9.39
- Slippage, 4 orders
- −$55.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$68.44
- Costs to cover
- 0.778%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Phemex: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 3 min ago | 2.77 bp | 11.3 bp −$11 | 24.6 bp −$246 | 86.2 bp −$8,624 | 326.5 bp −$163.3K |
| Sell Phemex live order book, 2 min ago | 13.85 bp | 26.9 bp −$27 | 44.4 bp −$444 | 123.0 bp −$12.3K | doesn't fit |
ATOM on 25 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0193% | 1h | 1.8054 | +0.078% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0105% | 8h | 1.8040 | 0.000% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0042% | 8h | 1.8032 | −0.042% | $577K | $80K | — | as long as short |
| Bybit ATOMUSDT | −0.0034% | 8h | 1.8040 | 0.000% | $15.1M | $10.7M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8068 | +0.158% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8057 | +0.094% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.610% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8054 | +0.078% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8067 | +0.150% | $983K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8060 | +0.111% | $21.5M | $31.0M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8060 | +0.111% | $2.5M | $847K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8050 | +0.055% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8060 | +0.111% | $1.6M | $791K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8053 | +0.072% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.8040 | long leg | — | $24.8M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8054 | +0.076% | $444K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8060 | +0.111% | $773K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8055 | +0.083% | $309K | $174K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8060 | +0.111% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8051 | +0.063% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0129% | 8h | 1.8070 | +0.166% | $1.1M | $326K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8080 | +0.222% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8059 | +0.108% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8045 | +0.026% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0244% | 1h | 1.8071 | +0.173% | $3.1M | $684K | 50x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD