Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Phemex against MEXC+0.111%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.111%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.103% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ATOM_USDT | 1.7980 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $8.5M | $3.1M | 200x |
| Short | Phemex ATOMUSDT | 1.8000 | 0.0100 | get 0.0100% / 8h | 6h 05m | $1.6M | $1.9M | 50x |
MEXC ATOM_USDT
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against MEXC. 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
- $0
- Price spread: +0.111% → +0.008%
- $10.31
- Slippage, 4 orders
- −$39.86
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$41.55
- Costs to cover
- 0.519%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Phemex: live order book, 3 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 MEXC live order book, 3 min ago | 2.77 bp | 3.9 bp −$4 | 13.0 bp −$130 | 92.0 bp −$9,196 | 168.9 bp −$84.5K |
| Sell Phemex live order book, 3 min ago | 2.77 bp | 19.3 bp −$19 | 39.8 bp −$398 | 111.6 bp −$11.2K | doesn't fit |
ATOM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0212% | 8h | 1.7970 | −0.056% | $15.0M | $10.2M | 75x | as long as short |
| Variational Omni ATOM | −0.0114% | 8h | 1.7962 | −0.101% | $574K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0098% | 8h | 1.7970 | −0.056% | $5.1M | $5.5M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8005 | +0.139% | $3.1M | $695K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7993 | +0.072% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7990 | +0.056% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7996 | +0.088% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.222% | $25K | $7K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7975 | −0.028% | $2.8M | $767K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7980 | 0.000% | $974K | $245K | 20x | as long as short |
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.7999 | +0.107% | $21.4M | $30.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7980 | 0.000% | $2.5M | $832K | 75x | as long as short |
| MEXC ATOM_USDTlong | +0.0100% | 8h | 1.7980 | long leg | $8.5M | $3.1M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8000 | +0.111% | $1.6M | $721K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7990 | +0.056% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7980 | 0.000% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | +0.370% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | +0.110% | $769K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7952 | −0.156% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8000 | +0.111% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7985 | +0.029% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8070 | +0.501% | $659 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7993 | +0.071% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7980 | −0.002% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate 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