Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.5% APRpaid last 24h +0.007%
Price spread now: Phemex against Kraken Futures−0.128%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now −0.128%, 7d avg −0.120%
=The price spread sits at its 7-day average of −0.120%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8243 | 0.0242 | pay 0.0030% / 1h | 54m 22s | $3.1M | $675K | 50x |
| Short | Phemex ATOMUSDT | 1.8220 | 0.0100 | get 0.0100% / 8h | 54m 22s | $1.6M | $1.9M | 50x |
Kraken Futures PF_ATOMUSD
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Kraken Futures. 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
- −$29.74
- Price spread: −0.128% → −0.120%
- −$0.8
- Slippage, 4 orders
- −$50.81
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$103.34
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Phemex: live order book, 4 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 Kraken Futures live order book, 4 min ago | 10.97 bp | 17.9 bp −$18 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.74 bp | 14.6 bp −$15 | 36.4 bp −$364 | 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-SWAP | −0.0092% | 8h | 1.8170 | −0.402% | $5.2M | $5.4M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0079% | 1h | 1.8216 | −0.150% | $501 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0003% | 8h | 1.8193 | −0.278% | $582K | $81K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8207 | −0.197% | $64K | $3K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8197 | −0.256% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0007% | 8h | 1.8175 | −0.375% | $15.2M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | −0.512% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0076% | 8h | 1.8240 | −0.018% | $1.1M | $340K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8194 | −0.270% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8206 | −0.203% | $991K | $235K | 20x | as long as short |
OKX ATOM-USDT-SWAP
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
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 | 1.8200 | −0.238% | $21.7M | $30.8M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | −0.238% | $2.5M | $842K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8190 | −0.292% | $9.3M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8210 | −0.183% | $1.6M | $832K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8184 | −0.325% | $6.9M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8190 | −0.292% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8209 | −0.189% | $448K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8217 | −0.147% | $778K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8215 | −0.155% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8220 | −0.128% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8203 | −0.220% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8220 | −0.128% | $665 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8191 | −0.286% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8177 | −0.361% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0242% | 1h | 1.8243 | long leg | $3.1M | $675K | 50x |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP