Funding you earn now, next payment 00:00 UTC+0.0192%/8h= +21.0% APRnext payment +$1.92 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.220%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now +0.220%, 7d avg +0.080%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.140% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.080%. Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATOM-USDT-SWAP | 1.8170 | −0.0092 | get 0.0092% / 8h | 54m 39s | $5.2M | $5.4M | 50x |
| Short | KuCoin ATOMUSDTM | 1.8210 | 0.0100 | get 0.0100% / 8h | 54m 39s | $1.6M | $832K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $40.24
- Price spread: +0.220% → +0.080%
- $14.04
- Slippage, 4 orders
- −$79.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$47.04
- Costs to cover
- 1.013%
- Break-even
- 15.2 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 1 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 OKX live order book, 3 min ago | 2.75 bp | 17.0 bp −$17 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 5.49 bp | 36.9 bp −$37 | 144.5 bp −$1,445 | 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-SWAPlong | −0.0092% | 8h | 1.8170 | long leg | $5.2M | $5.4M | 50x | |
| Deribit ATOM_USDC-PERPETUAL | −0.0079% | 1h | 1.8216 | +0.253% | $501 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0003% | 8h | 1.8193 | +0.124% | $582K | $81K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8207 | +0.206% | $64K | $3K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8220 | +0.275% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0007% | 8h | 1.8180 | +0.055% | $15.2M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | −0.110% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0076% | 8h | 1.8240 | +0.385% | $1.1M | $340K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8210 | +0.220% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8206 | +0.200% | $991K | $235K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8201 | +0.168% | $21.7M | $30.8M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8200 | +0.165% | $2.5M | $842K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8190 | +0.110% | $9.3M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTMshort | +0.0100% | 8h | 1.8210 | +0.220% | $1.6M | $832K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8187 | +0.094% | $6.9M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8190 | +0.110% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8209 | +0.214% | $448K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8217 | +0.256% | $778K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8215 | +0.248% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8220 | +0.275% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8203 | +0.182% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8220 | +0.275% | $665 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8219 | +0.269% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8203 | +0.184% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0242% | 1h | 1.8243 | +0.404% | $3.1M | $675K | 50x | as long as short |
OKX ATOM-USDT-SWAP
KuCoin ATOMUSDTM
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD