Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%
Price spread now: Phemex against dYdX+0.075%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+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 +$3 a day on $10k at the current rate, and Phemex is 0.075% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.051%, 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 | dYdX ATOM-USD | 1.8206 | 0 | get 0.0000% / 1h | 15m 31s | $64K | $4K | 10x |
| Short | Phemex ATOMUSDT | 1.8220 | 0.0100 | get 0.0100% / 8h | 5h 15m | $1.6M | $1.9M | 50x |
dYdX ATOM-USD
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against dYdX. 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
- Price spread: +0.075% → 0.000%
- $7.49
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $6.49
- Costs to cover
- 0.220%
- Break-even
- 4.8 days
Slippage unknown: dYdX: no order-book sample; Phemex: live order book, 3 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 2.74 bp | 18.6 bp −$19 | 35.1 bp −$351 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −1.463% | $25K | $6K | 25x | as long as short |
| Variational Omni ATOM | −0.0062% | 8h | 1.8206 | 0.000% | $582K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0047% | 8h | 1.8200 | −0.035% | $5.1M | $5.6M | 50x | as long as short |
| Bybit ATOMUSDT | −0.0003% | 8h | 1.8181 | −0.139% | $15.2M | $10.0M | 75x | as long as short |
| dYdX ATOM-USDlong | 0.0000% | 1h | 1.8206 | long leg | $64K | $4K | 10x | |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8224 | +0.097% | $501 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8222 | +0.088% | $809 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0098% | 8h | 1.8240 | +0.185% | $1.1M | $312K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8196 | −0.057% | $2.8M | $748K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8200 | −0.035% | $986K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
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 | 1.8210 | +0.017% | $21.6M | $30.0M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | −0.035% | $2.5M | $829K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8190 | −0.090% | $8.6M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8210 | +0.020% | $1.6M | $689K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8204 | −0.013% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8210 | +0.020% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8225 | +0.100% | $448K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8230 | +0.130% | $779K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8208 | +0.009% | $317K | $180K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8220 | +0.075% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8195 | −0.062% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8235 | +0.157% | $3.1M | $719K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8240 | +0.185% | $665 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8228 | +0.119% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8194 | −0.066% | $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
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP