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: MEXC against Phemex−0.056%50s7-day average −0.008% · 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—prices read too far apart to compare
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.056%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.047% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ATOMUSDT | 1.7990 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $1.6M | $1.9M | 50x |
| Short | MEXC ATOM_USDT | 1.7980 | 0.0100 | get 0.0100% / 8h | 6h 05m | $8.5M | $3.1M | 200x |
Phemex ATOMUSDT
MEXC ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.056% → −0.008%
- −$4.74
- Slippage, 4 orders
- −$39.86
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$56.6
- Costs to cover
- 0.519%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 2.77 bp | 21.2 bp −$21 | 40.1 bp −$401 | 114.6 bp −$11.5K | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.77 bp | 7.4 bp −$7 | 14.4 bp −$144 | 70.0 bp −$6,998 | 151.3 bp −$75.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0212% | 8h | 1.7970 | −0.111% | $15.0M | $10.2M | 75x | as long as short |
| Variational Omni ATOM | −0.0114% | 8h | 1.7962 | −0.156% | $574K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0098% | 8h | 1.7970 | −0.111% | $5.1M | $5.5M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8005 | +0.084% | $3.1M | $695K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7993 | +0.017% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7990 | 0.000% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7996 | +0.032% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.278% | $25K | $7K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7980 | −0.056% | $2.8M | $767K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7980 | −0.056% | $974K | $245K | 20x | as long as short |
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
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 | 1.7990 | +0.002% | $21.4M | $30.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7980 | −0.056% | $2.5M | $832K | 75x | as long as short |
| MEXC ATOM_USDTshort | +0.0100% | 8h | 1.7980 | −0.056% | $8.5M | $3.1M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7990 | 0.000% | $1.6M | $721K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7995 | +0.028% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7980 | −0.056% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | +0.314% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | +0.054% | $769K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7985 | −0.028% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDTlong | +0.0100% | 8h | 1.7990 | long leg | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7985 | −0.026% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8070 | +0.445% | $659 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7993 | +0.016% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7980 | −0.057% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP