Funding you earn now, next payment 23:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.038%
Price spread now: GRVT against GMX−0.382%69s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.382% cheaper against GMX than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 69 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 | GMX ATOM/USD [ETH-USDC] | 1.8089 | L +0.0201% / S −0.1956% | pay 0.0025% / 1h | 55m 45s | $3K | — | 120x |
| Short | GRVT ATOM_USDT_Perp | 1.8020 | 0.0100 | get 0.0100% / 8h | 1h 55m | $769K | $3.0M | 10x |
GMX ATOM/USD [ETH-USDC]
GRVT ATOM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against GMX. 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
- −$21.29
- Price spread: −0.382% → 0.000%
- −$38.22
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$80.5
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; GRVT: 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 GMX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 3 min ago | 5.55 bp | 16.1 bp −$16 | 58.2 bp −$582 | doesn't fit | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0302% | 1h | 1.8090 | +0.005% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0064% | 8h | 1.8080 | −0.050% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0016% | 8h | 1.8014 | −0.414% | $576K | $18K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8086 | −0.017% | $63K | $4K | 10x | as long as short |
| Bybit ATOMUSDT | 0.0000% | 8h | 1.8080 | −0.050% | $15.2M | $10.3M | 75x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8085 | −0.023% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.558% | $26K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0094% | 8h | 1.8030 | −0.327% | $1.1M | $324K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8102 | +0.070% | $3.1M | $665K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8089 | −0.001% | $2.8M | $914K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
Bybit ATOMUSDT
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 | 1.8070 | −0.106% | $983K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8097 | +0.046% | $21.6M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8070 | −0.106% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.050% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8090 | +0.005% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8085 | −0.023% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | −0.050% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8032 | −0.317% | $444K | $292K | 10x | as long as short |
| GRVT ATOM_USDT_Perpshort | +0.0100% | 8h | 1.8020 | −0.382% | $769K | $3.0M | 10x | |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8065 | −0.133% | $309K | $177K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8080 | −0.050% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8093 | +0.023% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8040 | −0.272% | $658 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC]long | L +0.0201% / S −0.1956% | 1h | 1.8089 | long leg | $3K | — | 120x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8074 | −0.086% | $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
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
Reya ATOMRUSDPERP