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 Bitget+0.061%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.061%, 7d avg +0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ATOMUSDT | 1.8059 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $6.8M | $2.7M | 75x |
| Short | Phemex ATOMUSDT | 1.8070 | 0.0100 | get 0.0100% / 8h | 1h 49m | $1.6M | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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: +0.061% → +0.044%
- $1.71
- Slippage, 4 orders
- −$41.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$64.04
- Costs to cover
- 0.658%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Phemex: live order book, 3 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 Bitget live order book, 3 min ago | 3.60 bp | 18.9 bp −$19 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 2.77 bp | 18.6 bp −$19 | 43.6 bp −$436 | 116.1 bp −$11.6K | 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 | −0.0358% | 1h | 1.8067 | +0.044% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0069% | 8h | 1.8050 | −0.050% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0011% | 8h | 1.8083 | +0.135% | $589K | $30K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8118 | +0.328% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8077 | +0.100% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0006% | 8h | 1.8053 | −0.033% | $15.2M | $10.3M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.725% | $26K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8087 | +0.155% | $3.1M | $669K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8072 | +0.072% | $2.8M | $901K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8088 | +0.161% | $984K | $235K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8070 | +0.061% | $21.6M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8070 | +0.061% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8070 | +0.061% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8080 | +0.116% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDTlong | +0.0100% | 8h | 1.8059 | long leg | $6.8M | $2.7M | 75x | |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | +0.116% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8090 | +0.170% | $445K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8080 | +0.116% | $771K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8075 | +0.089% | $309K | $178K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8070 | +0.061% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8067 | +0.045% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0120% | 8h | 1.8120 | +0.338% | $1.1M | $325K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8100 | +0.227% | $660 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8076 | +0.096% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8055 | −0.022% | $2K | — | 25x | as long as short |
Bitget ATOMUSDT
Phemex ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]