Funding you earn now, next payment 08:00 UTC+0.0237%/8h= +26.0% APRnext payment +$2.37 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit−0.056%102s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.646%+$65 · spread now −0.056%, 7d avg +0.054%
=Funding pays, the price is against you. BloFin is 0.110% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.054%). If the spread goes back, that is −$11 on $10k: about 37 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.090% in total) that is about 8.6 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8000 | −0.0148 | get 0.0148% / 8h | 5h 43m | $15.0M | $10.0M | 75x |
| Short | BloFin ATOM-USDT | 1.7990 | 0.0090 | get 0.0090% / 8h | 5h 43m | — | $308K | 75x |
Bybit ATOMUSDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $49.83
- Price spread: −0.056% → +0.054%
- −$11
- Slippage, 4 orders
- −$36.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.32
- Costs to cover
- 0.592%
- Break-even
- 9.9 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 69 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 Bybit live order book, 5 min ago | 2.79 bp | 13.3 bp −$13 | 29.7 bp −$297 | 202.2 bp −$20.2K | doesn't fit |
| Sell BloFin live order book, 69 min ago | 8.32 bp | 18.1 bp −$18 | 31.3 bp −$313 | 91.8 bp −$9,177 | 239.1 bp −$119.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −0.333% | $25K | $6K | 25x | as long as short |
| Bybit ATOMUSDTlong | −0.0148% | 8h | 1.8000 | long leg | $15.0M | $10.0M | 75x | |
| Variational Omni ATOM | −0.0108% | 8h | 1.7942 | −0.323% | $573K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0088% | 8h | 1.8000 | 0.000% | $5.1M | $5.5M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0083% | 1h | 1.7987 | −0.072% | $494 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7997 | −0.018% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7986 | −0.081% | $799 | — | 150x | as long as short |
| BloFin ATOM-USDTshort | +0.0090% | 8h | 1.7990 | −0.056% | — | $308K | 75x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8003 | +0.017% | $2.8M | $759K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7980 | −0.111% | $974K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
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 | 1.8010 | +0.056% | $21.4M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7980 | −0.111% | $2.5M | $821K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8000 | 0.000% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7990 | −0.056% | $1.6M | $687K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8004 | +0.022% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7990 | −0.056% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7970 | −0.167% | $442K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7960 | −0.222% | $759K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7975 | −0.139% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7990 | −0.056% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7998 | −0.012% | $5K | $203K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0123% | 1h | 1.8004 | +0.024% | $3.1M | $690K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.7960 | −0.222% | $655 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7977 | −0.125% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8013 | +0.074% | $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
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP