Funding you earn now, next payment 22:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.034%
Price spread now: Injective against Bybit+0.277%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
Funding, last 7 days+0.463%+$46 on $10k
+Price spread, last 3 days (all we have)−0.287%−$29 · spread now +0.277%, 7d avg +0.099%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.178% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8070 | −0.0012 | get 0.0012% / 8h | 2h 16m | $15.2M | $10.4M | 75x |
| Short | Injective ATOM/USDC PERP | 1.8120 | 0.0132 | get 0.0016% / 1h | 16m 38s | $661 | $174K | 12x |
Bybit ATOMUSDT
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $30.26
- Price spread: +0.277% → +0.099%
- $17.82
- Slippage, 4 orders
- −$90.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$53.27
- Costs to cover
- 1.013%
- Break-even
- 19.3 days
Slippage from Bybit: live order book, 2 min ago; Injective: live order book, 57 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, 2 min ago | 2.77 bp | 15.5 bp −$16 | 39.6 bp −$396 | 105.4 bp −$10.5K | doesn't fit |
| Sell Injective live order book, 57 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | 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 | 1.8095 | +0.138% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0053% | 8h | 1.8060 | −0.055% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0025% | 8h | 1.8134 | +0.354% | $580K | $18K | — | as long as short |
| Bybit ATOMUSDTlong | −0.0012% | 8h | 1.8070 | long leg | $15.2M | $10.4M | 75x | |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.664% | $26K | $12K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8109 | +0.216% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8088 | +0.101% | $9K | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.8090 | +0.111% | $1.1M | $325K | 75x | as long as short |
| Bitget ATOMUSDT | +0.0094% | 8h | 1.8091 | +0.116% | $6.8M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8082 | +0.066% | $2.8M | $924K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Bitget ATOMUSDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8109 | +0.216% | $985K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.111% | $21.6M | $30.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8080 | +0.055% | $2.5M | $833K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | +0.055% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.166% | $1.6M | $824K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | +0.111% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8124 | +0.297% | $446K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8130 | +0.333% | $773K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8105 | +0.194% | $309K | $185K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.111% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8088 | +0.097% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0132% | 1h | 1.8120 | +0.277% | $661 | $174K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0199% / S −0.1495% | 1h | 1.8100 | +0.164% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0203% | 1h | 1.8117 | +0.263% | $3.1M | $670K | 50x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8077 | +0.040% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD
Reya ATOMRUSDPERP