Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against Bybit+0.094%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now +0.094%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8073 | −0.0020 | get 0.0020% / 8h | 7h 16m | $15.1M | $10.7M | 75x |
| Short | KuCoin ATOMUSDTM | 1.8090 | 0.0100 | get 0.0100% / 8h | 7h 16m | $1.6M | $793K | 50x |
Bybit ATOMUSDT
KuCoin ATOMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $25.1
- Price spread: +0.094% → +0.040%
- $5.43
- Slippage, 4 orders
- −$79.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$71.57
- Costs to cover
- 1.021%
- Break-even
- 27.0 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 4 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 | 13.8 bp −$14 | 30.3 bp −$303 | 210.7 bp −$21.1K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.53 bp | 52.8 bp −$53 | 151.5 bp −$1,515 | 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 | −0.0082% | 1h | 1.8063 | −0.055% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0063% | 8h | 1.8080 | +0.039% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0062% | 8h | 1.8052 | −0.116% | $577K | $79K | — | as long as short |
| Bybit ATOMUSDTlong | −0.0020% | 8h | 1.8073 | long leg | $15.1M | $10.7M | 75x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8077 | +0.024% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8066 | −0.037% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | +0.039% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8077 | +0.022% | $2.8M | $848K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8064 | −0.047% | $983K | $226K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8091 | +0.098% | $21.5M | $31.3M | 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_USDT | +0.0100% | 8h | 1.8050 | −0.127% | $2.5M | $853K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | +0.039% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTMshort | +0.0100% | 8h | 1.8090 | +0.094% | $1.6M | $793K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8083 | +0.055% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8070 | −0.017% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8079 | +0.033% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8070 | −0.017% | $767K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8054 | −0.105% | $311K | $177K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8070 | −0.017% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8087 | +0.076% | $5K | $206K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0110% | 8h | 1.8070 | −0.017% | $1.1M | $324K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8079 | +0.032% | $3.1M | $695K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8070 | −0.017% | $659 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8061 | −0.066% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8052 | −0.113% | $2K | — | 25x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP