Funding you earn now, next payment 23:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.017%
Price spread now: Bybit against Extended−0.068%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.068%, 7d avg −0.012%
=Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.056% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ATOM-USD | 1.8206 | 0.0104 | pay 0.0013% / 1h | 2m 37s | $6K | $184K | 10x |
| Short | Bybit ATOMUSDT | 1.8194 | 0.0016 | get 0.0016% / 8h | 1h 02m | $15.3M | $10.6M | 75x |
Extended ATOM-USD
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$18.48
- Price spread: −0.068% → −0.012%
- −$5.55
- Slippage, 4 orders
- −$36.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$76.38
- Costs to cover
- 0.524%
- Break-even
- never at this rate
Slippage from Extended: live order book, 14 min ago; Bybit: live order book, 1 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 Extended live order book, 14 min ago | 7.16 bp | 14.4 bp −$14 | 89.8 bp −$898 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.75 bp | 13.5 bp −$13 | 28.6 bp −$286 | 101.5 bp −$10.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | −0.0094% | 8h | 1.8180 | −0.145% | $5.2M | $5.4M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8217 | +0.056% | $64K | $3K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8215 | +0.047% | $501 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8217 | +0.057% | $9K | — | 150x | as long as short |
| Variational Omni ATOM | +0.0004% | 8h | 1.8183 | −0.131% | $580K | $81K | — | as long as short |
| Bybit ATOMUSDTshort | +0.0016% | 8h | 1.8194 | −0.068% | $15.3M | $10.6M | 75x | |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | −0.310% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0076% | 8h | 1.8200 | −0.035% | $1.1M | $339K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0099% | 1h | 1.8234 | +0.150% | $3.1M | $679K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8202 | −0.024% | $2.8M | $862K | 5x | as long as short |
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8207 | +0.001% | $991K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8210 | +0.020% | $21.7M | $30.9M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | −0.035% | $2.5M | $849K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8200 | −0.035% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8220 | +0.075% | $1.6M | $835K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8214 | +0.042% | $6.9M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8200 | −0.035% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8202 | −0.025% | $448K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8202 | −0.026% | $769K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8187 | −0.106% | $311K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8210 | +0.020% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USDlong | +0.0104% | 1h | 1.8206 | long leg | $6K | $184K | 10x | |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8220 | +0.075% | $665 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8215 | +0.045% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8197 | −0.054% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance 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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP