Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.021%
Price spread now: Phemex against Variational Omni+0.210%7-day average +0.104% · 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)+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)+0.183%+$18 · spread now +0.210%, 7d avg +0.104%
=Together, before fees+0.210%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phemex is 0.106% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ATOM | 1.7992 | −0.0055 | get 0.0055% / 8h | 7h 46m | $577K | $80K | — |
| Short | Phemex ATOMUSDT | 1.8030 | 0.0100 | get 0.0100% / 8h | 7h 46m | $1.6M | $1.9M | 50x |
Variational Omni ATOM
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. 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
- $32.62
- Price spread: +0.210% → +0.104%
- $10.61
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $31.23
- Costs to cover
- 0.120%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Phemex: live order book, 2 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 Variational Omni RFQ quote, 27 min ago | 5.48 bp | doesn't fit | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.78 bp | 13.7 bp −$14 | 39.7 bp −$397 | 121.4 bp −$12.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0330% | 8h | 1.8010 | +0.099% | $15.1M | $10.8M | 75x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0138% | 1h | 1.8017 | +0.138% | $495 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0078% | 8h | 1.8010 | +0.099% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOMlong | −0.0055% | 8h | 1.7992 | long leg | $577K | $80K | — | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8027 | +0.194% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8016 | +0.135% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | +0.488% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.8020 | +0.154% | $1.1M | $325K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8017 | +0.138% | $2.8M | $858K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8015 | +0.129% | $980K | $230K | 20x | as long as short |
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.154% | $21.4M | $31.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | +0.099% | $2.5M | $850K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8020 | +0.154% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | +0.266% | $1.6M | $792K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8015 | +0.127% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8020 | +0.154% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8020 | +0.155% | $443K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8030 | +0.210% | $769K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8010 | +0.099% | $308K | $166K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8030 | +0.210% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8026 | +0.188% | $8K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8024 | +0.178% | $3.1M | $696K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8020 | +0.154% | $657 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8020 | +0.154% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7996 | +0.018% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
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
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP