Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Phemex against OKX+0.170%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.170%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.096% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATOM-USDT-SWAP | 1.7680 | 0.0100 | pay 0.0100% / 8h | 58m 39s | $5.0M | $6.1M | 50x |
| Short | Phemex ATOMUSDT | 1.7710 | 0.0100 | get 0.0100% / 8h | 58m 39s | $1.5M | $2.0M | 50x |
OKX ATOM-USDT-SWAP
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.170% → +0.074%
- $9.55
- Slippage, 4 orders
- −$57.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$69.74
- Costs to cover
- 0.793%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Phemex: live order book, 5 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, 4 min ago | 2.83 bp | 9.3 bp −$9 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 11.33 bp | 25.0 bp −$25 | 45.6 bp −$456 | 118.8 bp −$11.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0258% | 1h | 1.7711 | +0.175% | $487 | $10K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0071% | 1h | 1.7719 | +0.220% | $2.9M | $867K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7716 | +0.206% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7705 | +0.143% | $786 | — | 150x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7690 | +0.057% | $3.1M | $993K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7690 | +0.057% | $962K | $155K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7700 | +0.116% | $21.2M | $33.4M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7686 | +0.034% | $14.8M | $10.7M | 75x | as long as short |
| OKX ATOM-USDT-SWAPlong | +0.0100% | 8h | 1.7680 | long leg | $5.0M | $6.1M | 50x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7700 | +0.113% | $2.4M | $844K | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
Gate ATOM_USDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7700 | +0.113% | $8.2M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7710 | +0.170% | $1.5M | $719K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7712 | +0.181% | $6.6M | $3.4M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7700 | +0.113% | — | $3.9M | — | as long as short |
| Variational Omni ATOM | +0.0100% | 8h | 1.7662 | −0.102% | $560K | $84K | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7673 | −0.042% | $435K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7670 | −0.058% | $747K | $2.6M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7700 | +0.113% | $309K | $180K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7710 | +0.170% | $1.5M | $2.0M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7695 | +0.086% | $5K | $274K | 10x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0120% | 1h | 1.7700 | +0.113% | $24K | $4K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0127% | 8h | 1.7720 | +0.226% | $934K | $355K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0140% | 1h | 1.7700 | +0.113% | $646 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7715 | +0.195% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7702 | +0.125% | $2K | — | 25x | as long as short |
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
Variational Omni ATOM
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP