Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.013%
Price spread now: MEXC against Injective0.000%55s7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as 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−$780.783% of the position
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now 0.000%, 7d avg −0.075%
=The price spread pays, funding is against you. MEXC is 0.075% dearer against Injective than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.075%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. At the pace of the last 7 days (−0.434% in total) that is about 29 hours. The two prices were read 55 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 | Injective ATOM/USDC PERP | 1.8090 | 0.0143 | pay 0.0018% / 1h | 32m 25s | $660 | $290K | 12x |
| Short | MEXC ATOM_USDT | 1.8090 | 0.0100 | get 0.0100% / 8h | 32m 25s | $9.2M | $3.0M | 200x |
Injective ATOM/USDC PERP
MEXC ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$9.07
- Price spread: 0.000% → −0.075%
- $7.46
- Slippage, 4 orders
- −$78.23
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$79.86
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Injective: live order book, 32 min ago; MEXC: live order book, 6 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, 32 min ago | 35.67 bp | 35.7 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.76 bp | 4.1 bp −$4 | 15.8 bp −$158 | 81.1 bp −$8,111 | 164.8 bp −$82.4K |
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 | −0.0137% | 1h | 1.8086 | −0.022% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0067% | 8h | 1.8080 | −0.055% | $5.2M | $5.4M | 50x | as long as short |
| Variational Omni ATOM | −0.0006% | 8h | 1.8073 | −0.094% | $578K | $80K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8098 | +0.043% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8097 | +0.038% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0004% | 8h | 1.8075 | −0.083% | $15.1M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.332% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8091 | +0.006% | $2.8M | $853K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8098 | +0.046% | $985K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8095 | +0.027% | $21.6M | $30.9M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.055% | $2.5M | $845K | 75x | as long as short |
| MEXC ATOM_USDTshort | +0.0100% | 8h | 1.8090 | 0.000% | $9.2M | $3.0M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.055% | $1.6M | $833K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8085 | −0.028% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | 0.000% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8101 | +0.062% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8106 | +0.091% | $775K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8093 | +0.017% | $310K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8089 | −0.007% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0121% | 8h | 1.8060 | −0.166% | $1.1M | $335K | 75x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0143% | 1h | 1.8090 | long leg | $660 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8102 | +0.067% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8082 | −0.044% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0243% | 1h | 1.8104 | +0.080% | $3.1M | $681K | 50x | as long as short |
Gate ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD