Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: GRVT against Phemex−0.387%7-day average −0.059% · 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−$97as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.387%, 7d avg −0.059%
=Together, before fees+0.204%+ Points / potential airdropGRVT: Active · farm board+$20 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: GRVT is 0.328% cheaper against Phemex than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.059%.
| 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 | 1h 54m | $1.6M | $1.9M | 50x |
| Short | GRVT ATOM_USDT_Perp | 1.8020 | 0.0100 | get 0.0100% / 8h | 1h 54m | $769K | $3.0M | 10x |
Phemex ATOMUSDT
GRVT ATOM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.387% → −0.059%
- −$32.82
- Slippage, 4 orders
- −$42.84
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$96.66
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; GRVT: live order book, 4 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 | 38.6 bp −$386 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 5.55 bp | 16.1 bp −$16 | 58.2 bp −$582 | 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 | −0.0413% | 1h | 1.8097 | +0.039% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0062% | 8h | 1.8090 | 0.000% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOM | −0.0016% | 8h | 1.8063 | −0.147% | $577K | $18K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8118 | +0.156% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8110 | +0.111% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0004% | 8h | 1.8114 | +0.133% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.553% | $26K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0071% | 8h | 1.8100 | +0.055% | $1.1M | $325K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8106 | +0.088% | $3.1M | $665K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8100 | +0.055% | $2.8M | $900K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8110 | +0.111% | $985K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8112 | +0.119% | $21.6M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8110 | +0.111% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8110 | +0.111% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8120 | +0.166% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8101 | +0.061% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8110 | +0.111% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8032 | −0.322% | $444K | $292K | 10x | as long as short |
| GRVT ATOM_USDT_Perpshort | +0.0100% | 8h | 1.8020 | −0.387% | $769K | $3.0M | 10x | |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8036 | −0.299% | $308K | $178K | 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 | 1.8122 | +0.175% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8040 | −0.276% | $658 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8109 | +0.105% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8094 | +0.020% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP