Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.014%
Price spread now: Phemex against Extended−0.090%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 3 days (all we have)+0.272%+$27 · spread now −0.090%, 7d avg +0.018%
=Together, before fees+0.113%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.108% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.018%.
| 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 | 40m 32s | $6K | $184K | 10x |
| Short | Phemex ATOMUSDT | 1.8190 | 0.0100 | get 0.0100% / 8h | 1h 40m | $1.6M | $1.9M | 50x |
Extended ATOM-USD
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.84
- Price spread: −0.090% → +0.018%
- −$10.8
- Slippage, 4 orders
- −$52.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$80.73
- Costs to cover
- 0.691%
- Break-even
- never at this rate
Slippage from Extended: live order book, 41 min ago; Phemex: live order book, 3 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, 41 min ago | 8.56 bp | 15.7 bp −$16 | 64.8 bp −$648 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 2.74 bp | 17.7 bp −$18 | 37.8 bp −$378 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | −0.0075% | 8h | 1.8150 | −0.310% | $5.3M | $5.2M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0025% | 1h | 1.8197 | −0.052% | $500 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0003% | 8h | 1.8113 | −0.511% | $590K | $30K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8207 | +0.006% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8199 | −0.042% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0018% | 8h | 1.8160 | −0.255% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | −0.310% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.8220 | +0.075% | $1.1M | $328K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0099% | 1h | 1.8223 | +0.093% | $3.1M | $674K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8168 | −0.211% | $2.8M | $912K | 5x | as long as short |
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
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 | 1.8201 | −0.029% | $990K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8177 | −0.159% | $21.8M | $30.6M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | −0.035% | $2.5M | $841K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8210 | +0.020% | $9.1M | $2.8M | 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 | 1.8165 | −0.227% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8190 | −0.090% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8200 | −0.035% | $448K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8170 | −0.198% | $774K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8215 | +0.047% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8190 | −0.090% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USDlong | +0.0104% | 1h | 1.8206 | long leg | $6K | $184K | 10x | |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8240 | +0.185% | $665 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8194 | −0.068% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8163 | −0.239% | $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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP