Funding you earn now, next payment 05:00 UTC−0.0041%/8h= −4.4% APRpaid last 24h −0.009%
Price spread now: BloFin against Injective+0.168%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.168%, 7d avg −0.050%
=The price spread pays, funding is against you. BloFin is 0.218% dearer against Injective than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of −0.050%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.357% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.7840 | 0.0146 | pay 0.0018% / 1h | 13m 10s | $651 | $290K | 12x |
| Short | BloFin ATOM-USDT | 1.7870 | 0.0105 | get 0.0105% / 8h | 3h 13m | $1.1M | $333K | 75x |
Injective ATOM/USDC PERP
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$8.53
- Price spread: +0.168% → −0.050%
- $21.84
- Slippage, 4 orders
- −$89.06
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.77
- Costs to cover
- 1.011%
- Break-even
- never at this rate
Slippage from Injective: live order book, 26 min ago; BloFin: live order book, 9 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, 26 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 8.41 bp | 14.4 bp −$14 | 22.1 bp −$221 | 61.0 bp −$6,097 | 222.4 bp −$111.2K |
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 | −0.0256% | 1h | 1.8040 | +1.121% | $25K | $4K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7846 | +0.036% | $62K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7856 | +0.090% | $491 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7855 | +0.085% | $793 | — | 150x | as long as short |
| Variational Omni ATOM | +0.0023% | 8h | 1.7837 | −0.017% | $566K | $78K | — | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7849 | +0.050% | $2.8M | $707K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7826 | −0.078% | $966K | $217K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7849 | +0.049% | $21.2M | $30.1M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7831 | −0.050% | $14.7M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7820 | −0.112% | $5.0M | $5.6M | 50x | as long as short |
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7850 | +0.056% | $2.4M | $813K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7840 | 0.000% | $8.2M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7860 | +0.112% | $1.6M | $666K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7848 | +0.045% | $6.7M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7840 | 0.000% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7855 | +0.085% | $439K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7857 | +0.096% | $757K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7844 | +0.022% | $311K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7850 | +0.056% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7850 | +0.055% | $7K | $201K | 10x | as long as short |
| BloFin ATOM-USDTshort | +0.0105% | 8h | 1.7870 | +0.168% | $1.1M | $333K | 75x | |
| Injective ATOM/USDC PERPlong | +0.0146% | 1h | 1.7840 | long leg | $651 | $290K | 12x | |
| Kraken Futures PF_ATOMUSD | +0.0167% | 1h | 1.7872 | +0.180% | $3.0M | $823K | 50x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7854 | +0.077% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7845 | +0.026% | $2K | — | 25x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
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