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: BingX against Phemex−0.166%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.166%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.148% cheaper against Phemex than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ATOMUSDT | 1.8040 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $1.6M | $1.9M | 50x |
| Short | BingX ATOM-USDT | 1.8010 | 0.0100 | get 0.0100% / 8h | 6h 09m | — | $24.7M | — |
Phemex ATOMUSDT
BingX ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Phemex. 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: −0.166% → −0.018%
- −$14.84
- Slippage, 4 orders
- −$35.36
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$72.19
- Costs to cover
- 0.574%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; BingX: live order book, 14 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 Phemex live order book, 4 min ago | 2.77 bp | 15.4 bp −$15 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 5.53 bp | 11.9 bp −$12 | 27.6 bp −$276 | 92.5 bp −$9,249 | 295.9 bp −$147.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0305% | 1h | 1.8015 | −0.139% | $495 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0246% | 8h | 1.7988 | −0.288% | $15.0M | $10.7M | 75x | as long as short |
| Variational Omni ATOM | −0.0113% | 8h | 1.8032 | −0.045% | $576K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0096% | 8h | 1.7990 | −0.277% | $5.1M | $5.6M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8036 | −0.025% | $3.1M | $703K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8037 | −0.017% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8033 | −0.041% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.554% | $25K | $7K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7997 | −0.238% | $2.8M | $767K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8036 | −0.021% | $977K | $245K | 20x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
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 | 1.8000 | −0.222% | $21.3M | $31.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.166% | $2.5M | $824K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.166% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8030 | −0.055% | $1.6M | $753K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8002 | −0.211% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDTshort | +0.0100% | 8h | 1.8010 | −0.166% | — | $24.7M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8049 | +0.049% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8060 | +0.111% | $772K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8025 | −0.083% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDTlong | +0.0100% | 8h | 1.8040 | long leg | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7996 | −0.246% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8070 | +0.166% | $659 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8020 | −0.111% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8011 | −0.159% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP