Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.1% APRnext payment −$2.48 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against KuCoin+0.050%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1101.095% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 7 days−0.135%−$13 · spread now +0.050%, 7d avg −0.039%
=The price spread pays, funding is against you. Bybit is 0.089% dearer against KuCoin than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of −0.039%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ATOMUSDTM | 1.8020 | 0.0100 | pay 0.0100% / 8h | 5h 43m | $1.6M | $687K | 50x |
| Short | Bybit ATOMUSDT | 1.8029 | −0.0148 | pay 0.0148% / 8h | 5h 43m | $15.1M | $10.0M | 75x |
KuCoin ATOMUSDTM
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$52.01
- Price spread: +0.050% → −0.039%
- $8.88
- Slippage, 4 orders
- −$86.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$152.64
- Costs to cover
- 1.095%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, just now.
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 KuCoin live order book, 3 min ago | 5.56 bp | 41.8 bp −$42 | 135.2 bp −$1,352 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 2.78 bp | 12.8 bp −$13 | 28.6 bp −$286 | 97.1 bp −$9,707 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −0.444% | $25K | $6K | 25x | as long as short |
| Bybit ATOMUSDTshort | −0.0148% | 8h | 1.8029 | +0.050% | $15.1M | $10.0M | 75x | |
| Variational Omni ATOM | −0.0108% | 8h | 1.7942 | −0.434% | $573K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0085% | 8h | 1.8010 | −0.055% | $5.1M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7997 | −0.129% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8037 | +0.094% | $496 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8024 | +0.023% | $800 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0098% | 8h | 1.7980 | −0.222% | $1.1M | $308K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8027 | +0.039% | $2.8M | $759K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7980 | −0.222% | $974K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
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 | 1.8040 | +0.111% | $21.4M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.055% | $2.5M | $821K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8030 | +0.055% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTMlong | +0.0100% | 8h | 1.8020 | long leg | $1.6M | $687K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8040 | +0.111% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8010 | −0.055% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7970 | −0.278% | $442K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7960 | −0.333% | $759K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8015 | −0.028% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8020 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8035 | +0.084% | $5K | $203K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0123% | 1h | 1.8049 | +0.160% | $3.1M | $690K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.7990 | −0.166% | $656 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8032 | +0.065% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8013 | −0.038% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP