Funding you earn now, next payment 01:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.014%
Price spread now: gTrade (Gains Network) against Phemex−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.028% cheaper against Phemex than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ATOMUSDT | 1.8090 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $1.6M | $1.9M | 50x |
| Short | gTrade (Gains Network) ATOM/USD | 1.8085 | L +0.0001% / S +0.0001% | pay 0.0000% / 1h | 15m 32s | $1K | — | 150x |
Phemex ATOMUSDT
gTrade (Gains Network) ATOM/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$21.14
- Price spread: −0.028% → 0.000%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$45.9
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 3 min ago | 5.53 bp | 13.1 bp −$13 | 38.9 bp −$389 | 122.0 bp −$12.2K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-SWAP | −0.0060% | 8h | 1.8100 | +0.055% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0058% | 8h | 1.8072 | −0.098% | $577K | $79K | — | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0026% | 1h | 1.8088 | −0.011% | $497 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8097 | +0.038% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USDshort | L +0.0001% / S +0.0001% | 1h | 1.8085 | −0.028% | $1K | — | 150x | |
| Bybit ATOMUSDT | +0.0004% | 8h | 1.8104 | +0.077% | $15.1M | $10.7M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | −0.055% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8111 | +0.116% | $2.8M | $848K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8080 | −0.055% | $984K | $226K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8110 | +0.111% | $21.5M | $31.3M | 75x | as long as short |
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.055% | $2.5M | $853K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8110 | +0.111% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.055% | $1.6M | $793K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8109 | +0.105% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8100 | +0.055% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8061 | −0.160% | $444K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8068 | −0.122% | $767K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8067 | −0.127% | $314K | $180K | 75x | as long as short |
| Phemex ATOMUSDTlong | +0.0100% | 8h | 1.8090 | long leg | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8106 | +0.089% | $5K | $206K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0110% | 8h | 1.8070 | −0.111% | $1.1M | $324K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0121% | 1h | 1.8108 | +0.100% | $3.1M | $695K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8070 | −0.111% | $659 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8089 | −0.003% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8102 | +0.068% | $2K | — | 25x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP