Funding you earn now, next payment 00:00 UTC−0.0179%/8h= −19.6% APRnext payment −$1.79 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin−0.166%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 3 days (all we have)−0.247%−$25 · spread now −0.166%, 7d avg −0.095%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.071% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATOM-USDT | 1.8100 | 0.0113 | pay 0.0113% / 8h | 1h 52m | $1.1M | $325K | 75x |
| Short | OKX ATOM-USDT-SWAP | 1.8070 | −0.0066 | pay 0.0066% / 8h | 1h 52m | $5.2M | $5.1M | 50x |
BloFin ATOM-USDT
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$37.61
- Price spread: −0.166% → −0.095%
- −$7.12
- Slippage, 4 orders
- −$33.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$100.69
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; OKX: live order book, 5 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 BloFin live order book, 5 min ago | 5.54 bp | 11.5 bp −$12 | 18.9 bp −$189 | 79.0 bp −$7,900 | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.78 bp | 11.8 bp −$12 | 42.4 bp −$424 | doesn't fit | 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 | −0.0192% | 1h | 1.8103 | +0.017% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAPshort | −0.0066% | 8h | 1.8070 | −0.166% | $5.2M | $5.1M | 50x | |
| Variational Omni ATOM | −0.0016% | 8h | 1.8063 | −0.202% | $577K | $18K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8108 | +0.045% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8107 | +0.040% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0002% | 8h | 1.8080 | −0.110% | $15.2M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.497% | $26K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8122 | +0.120% | $3.1M | $665K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8085 | −0.083% | $2.8M | $901K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8090 | −0.055% | $984K | $235K | 20x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8090 | −0.055% | $21.6M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.055% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.055% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8110 | +0.055% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8077 | −0.127% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | −0.055% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8092 | −0.043% | $445K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8080 | −0.110% | $771K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8104 | +0.022% | $309K | $178K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8100 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8080 | −0.108% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDTlong | +0.0113% | 8h | 1.8100 | long leg | $1.1M | $325K | 75x | |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8110 | +0.055% | $661 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8112 | +0.067% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8065 | −0.191% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP