Funding you earn now, next payment 22:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.052%
Price spread now: Binance against Coinbase International+0.331%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.331% dearer against Coinbase International than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ATOM-PERP-INTX | 1.8150 | 0.0032 | pay 0.0004% / 1h | 1m 37s | $25K | $12K | 25x |
| Short | Binance ATOMUSDT | 1.8210 | 0.0100 | get 0.0100% / 8h | 1h 01m | $21.7M | $30.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- $14.28
- Price spread: +0.331% → 0.000%
- $33.06
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $27.34
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 2.75 bp | 10.7 bp −$11 | 23.3 bp −$233 | 106.2 bp −$10.6K | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | −0.0097% | 8h | 1.8190 | +0.220% | $5.2M | $5.4M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8217 | +0.367% | $64K | $3K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8208 | +0.320% | $501 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8217 | +0.367% | $9K | — | 150x | as long as short |
| Variational Omni ATOM | +0.0004% | 8h | 1.8183 | +0.179% | $580K | $81K | — | as long as short |
| Bybit ATOMUSDT | +0.0012% | 8h | 1.8181 | +0.171% | $15.2M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTXlong | +0.0032% | 1h | 1.8150 | long leg | $25K | $12K | 25x | |
| BloFin ATOM-USDT | +0.0076% | 8h | 1.8200 | +0.275% | $1.1M | $339K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0099% | 1h | 1.8231 | +0.448% | $3.1M | $679K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8201 | +0.281% | $2.8M | $862K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8202 | +0.285% | $990K | $235K | 20x | as long as short |
| Binance ATOMUSDTshort | +0.0100% | 8h | 1.8210 | +0.331% | $21.7M | $30.9M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | +0.275% | $2.5M | $849K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8200 | +0.275% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8210 | +0.331% | $1.6M | $835K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8214 | +0.353% | $6.9M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8200 | +0.275% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8211 | +0.335% | $448K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8202 | +0.285% | $769K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8184 | +0.187% | $311K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8210 | +0.331% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8199 | +0.269% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8220 | +0.386% | $665 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8208 | +0.321% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8190 | +0.218% | $2K | — | 25x | as long as short |
Coinbase International ATOM-PERP-INTX
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Bybit ATOMUSDT
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Hyperliquid ATOM
Aster 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]