Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Gate−0.277%63s7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)+0.688%+$69 · spread now −0.277%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.338% cheaper against Gate than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.061%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.8080 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $2.5M | $828K | 75x |
| Short | BloFin ATOM-USDT | 1.8030 | 0.0094 | get 0.0094% / 8h | 1h 55m | $1.1M | $324K | 75x |
Gate ATOM_USDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$1.19
- Price spread: −0.277% → +0.061%
- −$33.79
- Slippage, 4 orders
- −$47.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.67
- Costs to cover
- 0.747%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: 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 Gate live order book, 2 min ago | 5.55 bp | 25.8 bp −$26 | 92.7 bp −$927 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 5.54 bp | 14.9 bp −$15 | 26.2 bp −$262 | 75.4 bp −$7,543 | 238.0 bp −$119.0K |
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 | −0.0302% | 1h | 1.8090 | +0.055% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0064% | 8h | 1.8070 | −0.055% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0016% | 8h | 1.8014 | −0.364% | $576K | $18K | — | as long as short |
| Bybit ATOMUSDT | −0.0002% | 8h | 1.8080 | 0.000% | $15.2M | $10.3M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8086 | +0.033% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8085 | +0.028% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.608% | $26K | $12K | 25x | as long as short |
| BloFin ATOM-USDTshort | +0.0094% | 8h | 1.8030 | −0.277% | $1.1M | $324K | 75x | |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8102 | +0.120% | $3.1M | $665K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8091 | +0.061% | $2.8M | $914K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
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 | 1.8070 | −0.055% | $983K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.055% | $21.6M | $30.4M | 75x | as long as short |
| Gate ATOM_USDTlong | +0.0100% | 8h | 1.8080 | long leg | $2.5M | $828K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8090 | +0.055% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8090 | +0.055% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8079 | −0.006% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8070 | −0.055% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8032 | −0.267% | $444K | $292K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8020 | −0.332% | $769K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8065 | −0.083% | $309K | $177K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8080 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8087 | +0.039% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8040 | −0.221% | $658 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8089 | +0.050% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8074 | −0.036% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
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]
Reya ATOMRUSDPERP