Funding you earn now, next payment 23:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.013%
Price spread now: OKX against Injective−0.274%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1001.002% of the position
Funding, last 7 days−0.569%−$57 on $10k
+Price spread, last 3 days (all we have)+0.155%+$15 · spread now −0.274%, 7d avg −0.142%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.132% cheaper against Injective than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.142%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.8240 | 0.0143 | pay 0.0018% / 1h | 40m 42s | $665 | $233K | 12x |
| Short | OKX ATOM-USDT-SWAP | 1.8190 | −0.0075 | pay 0.0075% / 8h | 1h 40m | $5.3M | $5.2M | 50x |
Injective ATOM/USDC PERP
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$45.76
- Price spread: −0.274% → −0.142%
- −$13.23
- Slippage, 4 orders
- −$90.15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$159.16
- Costs to cover
- 1.002%
- Break-even
- never at this rate
Slippage from Injective: live order book, 28 min ago; OKX: live order book, 2 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 | 36.00 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.75 bp | 16.2 bp −$16 | 56.1 bp −$561 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAPshort | −0.0075% | 8h | 1.8190 | −0.274% | $5.3M | $5.2M | 50x | |
| Deribit ATOM_USDC-PERPETUAL | −0.0025% | 1h | 1.8197 | −0.236% | $500 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0003% | 8h | 1.8113 | −0.695% | $590K | $30K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8207 | −0.178% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8199 | −0.226% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0018% | 8h | 1.8193 | −0.258% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | −0.493% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.8220 | −0.110% | $1.1M | $328K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0099% | 1h | 1.8223 | −0.092% | $3.1M | $674K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8200 | −0.219% | $2.8M | $912K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
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 | 1.8206 | −0.187% | $991K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8209 | −0.171% | $21.8M | $30.6M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | −0.219% | $2.5M | $841K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8210 | −0.164% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8220 | −0.110% | $1.6M | $835K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8200 | −0.219% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8190 | −0.274% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8200 | −0.220% | $448K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8170 | −0.382% | $774K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8215 | −0.137% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8190 | −0.274% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8206 | −0.184% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0143% | 1h | 1.8240 | long leg | $665 | $233K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8194 | −0.252% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8193 | −0.258% | $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
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP