Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: edgeX against Phemex−0.006%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 3 days (all we have)−0.317%−$32 · spread now −0.006%, 7d avg −0.048%
=Together, before fees−0.056%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.042% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ATOMUSDT | 1.8080 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $1.6M | $1.9M | 50x |
| Short | edgeX ATOMUSDC | 1.8079 | 0.0100 | get 0.0050% / 4h | 3h 18m | $445K | $295K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: −0.006% → −0.048%
- $4.25
- Slippage, 4 orders
- −$51.32
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$68.07
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 55 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, 5 min ago | 2.76 bp | 15.3 bp −$15 | 32.6 bp −$326 | 118.4 bp −$11.8K | doesn't fit |
| Sell edgeX live order book, 55 min ago | 11.08 bp | 18.9 bp −$19 | 103.5 bp −$1,035 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0192% | 1h | 1.8073 | −0.039% | $497 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0071% | 8h | 1.8015 | −0.360% | $15.1M | $10.7M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0064% | 8h | 1.8010 | −0.387% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0062% | 8h | 1.8052 | −0.155% | $577K | $79K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8046 | −0.186% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8086 | +0.033% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | 0.000% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8036 | −0.243% | $2.8M | $848K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8024 | −0.312% | $981K | $226K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8030 | −0.277% | $21.4M | $31.3M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.221% | $2.5M | $852K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8020 | −0.332% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | −0.166% | $1.6M | $793K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8025 | −0.304% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8030 | −0.277% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDCshort | +0.0100% | 4h | 1.8079 | −0.006% | $445K | $295K | 10x | |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8070 | −0.055% | $767K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8052 | −0.155% | $310K | $174K | 75x | as long as short |
| Phemex ATOMUSDTlong | +0.0100% | 8h | 1.8080 | long leg | $1.6M | $1.9M | 50x | |
| BloFin ATOM-USDT | +0.0101% | 8h | 1.8070 | −0.055% | $1.1M | $324K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8035 | −0.247% | $5K | $206K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8078 | −0.010% | $3.1M | $695K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8100 | +0.111% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8086 | +0.035% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8028 | −0.288% | $2K | — | 25x | as long as short |
Phemex ATOMUSDT
edgeX ATOMUSDC
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
BloFin ATOM-USDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]