Funding you earn now, next payment 06:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.055%
Price spread now: Phemex against Reya+0.066%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Phemex is 0.066% dearer against Reya than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ATOMRUSDPERP | 1.7658 | 0.0228 | pay 0.0029% / 1h | 38m 04s | $2K | — | 25x |
| Short | Phemex ATOMUSDT | 1.7670 | 0.0100 | get 0.0100% / 8h | 2h 38m | $1.5M | $2.0M | 50x |
Reya ATOMRUSDPERP
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Reya. 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
- −$26.93
- Price spread: +0.066% → 0.000%
- $6.57
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$38.36
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Phemex: live order book, 5 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 11.28 bp | 23.0 bp −$23 | 38.9 bp −$389 | 112.1 bp −$11.2K | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ATOM-USD | 0.0000% | 1h | 1.7657 | −0.007% | $62K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7682 | +0.134% | $486 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7666 | +0.045% | $784 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.7860 | +1.142% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0031% | 8h | 1.7642 | −0.091% | $561K | $78K | — | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7687 | +0.162% | $2.7M | $727K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7649 | −0.054% | $959K | $201K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7684 | +0.148% | $21.3M | $32.3M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7672 | +0.077% | $14.5M | $10.2M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7680 | +0.122% | $4.9M | $5.8M | 50x | as long as short |
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7660 | +0.009% | $2.4M | $849K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7670 | +0.066% | $8.5M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7670 | +0.066% | $1.6M | $698K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7675 | +0.094% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7670 | +0.066% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7738 | +0.449% | $436K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7671 | +0.073% | $749K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7675 | +0.094% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7670 | +0.066% | $1.5M | $2.0M | 50x | |
| BloFin ATOM-USDT | +0.0102% | 8h | 1.7680 | +0.122% | $1.1M | $352K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7661 | +0.017% | $5K | $231K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0110% | 1h | 1.7670 | +0.066% | $645 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7669 | +0.061% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERPlong | +0.0228% | 1h | 1.7658 | long leg | $2K | — | 25x | |
| Kraken Futures PF_ATOMUSD | +0.0557% | 1h | 1.7702 | +0.246% | $2.9M | $840K | 50x | 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
BloFin ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD