Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRnext payment +$1.05 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against Bybit+0.089%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now +0.089%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.111% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8014 | −0.0005 | get 0.0005% / 8h | 1h 57m | $15.2M | $10.4M | 75x |
| Short | Gate ATOM_USDT | 1.8030 | 0.0100 | get 0.0100% / 8h | 1h 57m | $2.5M | $827K | 75x |
Bybit ATOMUSDT
Gate ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $21.99
- Price spread: +0.089% → −0.023%
- $11.15
- Slippage, 4 orders
- −$49.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$42.8
- Costs to cover
- 0.759%
- Break-even
- 20.6 days
Slippage from Bybit: live order book, 1 min ago; Gate: 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 Bybit live order book, 1 min ago | 2.78 bp | 13.2 bp −$13 | 28.5 bp −$285 | 103.9 bp −$10.4K | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.55 bp | 23.7 bp −$24 | 94.4 bp −$944 | 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 | −0.0637% | 1h | 1.8026 | +0.067% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0068% | 8h | 1.8010 | −0.022% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0016% | 8h | 1.8014 | +0.001% | $576K | $18K | — | as long as short |
| Bybit ATOMUSDTlong | −0.0005% | 8h | 1.8014 | long leg | $15.2M | $10.4M | 75x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8038 | +0.135% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8042 | +0.157% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.977% | $26K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8025 | +0.061% | $2.8M | $914K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8018 | +0.020% | $980K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.033% | $21.5M | $30.3M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
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_USDTshort | +0.0100% | 8h | 1.8030 | +0.089% | $2.5M | $827K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | +0.144% | $9.0M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | +0.144% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8026 | +0.067% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8030 | +0.089% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8032 | +0.098% | $444K | $292K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8020 | +0.033% | $769K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8037 | +0.128% | $308K | $177K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8040 | +0.144% | $1.6M | $1.9M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8044 | +0.169% | $3.1M | $665K | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8017 | +0.016% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0124% | 8h | 1.8010 | −0.022% | $1.1M | $323K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8040 | +0.144% | $658 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8046 | +0.175% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8022 | +0.046% | $2K | — | 25x | as long as short |
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Kraken Futures PF_ATOMUSD
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP