Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.013%
Price spread now: Injective against Gate−0.055%7-day average +0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1211.213% of the position
Funding, last 7 days+0.439%+$44 on $10k
+Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.055%, 7d avg +0.107%
=Funding pays, the price is against you. Injective is 0.162% cheaper against Gate than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.107%). If the spread goes back, that is −$16 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.439% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.8050 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $2.5M | $828K | 75x |
| Short | Injective ATOM/USDC PERP | 1.8040 | 0.0143 | get 0.0018% / 1h | 57m 08s | $658 | $233K | 12x |
Gate ATOM_USDT
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $9
- Price spread: −0.055% → +0.107%
- −$16.22
- Slippage, 4 orders
- −$106.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$128.52
- Costs to cover
- 1.213%
- Break-even
- 106.9 days
Slippage from Gate: live order book, 6 min ago; Injective: live order book, 12 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, 6 min ago | 5.55 bp | 25.6 bp −$26 | 90.7 bp −$907 | doesn't fit | doesn't fit |
| Sell Injective live order book, 12 min ago | 36.00 bp | 36.0 bp −$36 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0248% | 1h | 1.8058 | +0.044% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0066% | 8h | 1.8060 | +0.055% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0016% | 8h | 1.8014 | −0.198% | $576K | $18K | — | as long as short |
| Bybit ATOMUSDT | −0.0005% | 8h | 1.8060 | +0.055% | $15.2M | $10.3M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8038 | −0.064% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8042 | −0.043% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.776% | $26K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0094% | 8h | 1.8030 | −0.111% | $1.1M | $324K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8071 | +0.118% | $3.1M | $665K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8059 | +0.050% | $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
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 | 1.8034 | −0.091% | $981K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8070 | +0.111% | $21.5M | $30.4M | 75x | as long as short |
| Gate ATOM_USDTlong | +0.0100% | 8h | 1.8050 | long leg | $2.5M | $828K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8050 | 0.000% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | 0.000% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8050 | 0.000% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | −0.055% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8032 | −0.101% | $444K | $292K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8020 | −0.166% | $769K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8054 | +0.022% | $308K | $177K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8040 | −0.055% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8037 | −0.071% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0143% | 1h | 1.8040 | −0.055% | $658 | $233K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8046 | −0.025% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8022 | −0.154% | $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
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP