Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.6% APRpaid last 24h −0.013%
Price spread now: BingX against Injective−0.055%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 4 days (all we have)−0.417%−$42 · spread now −0.055%, 7d avg −0.086%
=The price spread pays, funding is against you. BingX is 0.031% dearer against Injective than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.086%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.359% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.8230 | 0.0132 | pay 0.0017% / 1h | 20m 57s | $665 | $290K | 12x |
| Short | BingX ATOM-USDT | 1.8220 | 0.0100 | get 0.0100% / 8h | 5h 20m | — | $24.6M | — |
Injective ATOM/USDC PERP
BingX ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- −$6.82
- Price spread: −0.055% → −0.086%
- $3.08
- Slippage, 4 orders
- −$95.05
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.81
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from Injective: live order book, 28 min ago; BingX: live order book, 8 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 Injective live order book, 28 min ago | 36.20 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 8.29 bp | 16.0 bp −$16 | 29.4 bp −$294 | 79.4 bp −$7,940 | 299.4 bp −$149.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −1.591% | $25K | $6K | 25x | as long as short |
| Variational Omni ATOM | −0.0066% | 8h | 1.8212 | −0.101% | $582K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0053% | 8h | 1.8220 | −0.055% | $5.1M | $5.6M | 50x | as long as short |
| Bybit ATOMUSDT | −0.0015% | 8h | 1.8216 | −0.077% | $15.2M | $10.0M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8236 | +0.035% | $64K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8232 | +0.011% | $501 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8235 | +0.030% | $810 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0088% | 8h | 1.8230 | 0.000% | $1.1M | $312K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8223 | −0.038% | $2.8M | $748K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8215 | −0.083% | $987K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Bybit ATOMUSDT
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8235 | +0.028% | $21.6M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8230 | 0.000% | $2.5M | $829K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8230 | 0.000% | $8.6M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8240 | +0.055% | $1.6M | $689K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8233 | +0.016% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDTshort | +0.0100% | 8h | 1.8220 | −0.055% | — | $24.6M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8128 | −0.558% | $446K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8160 | −0.383% | $776K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8212 | −0.099% | $317K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8230 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8227 | −0.015% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8241 | +0.059% | $3.1M | $719K | 50x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0132% | 1h | 1.8230 | long leg | $665 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8231 | +0.004% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8225 | −0.029% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP