Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against BingX−0.121%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.121%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.121% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.8160 | 0.0100 | pay 0.0100% / 8h | 2h 32m | — | $24.6M | — |
| Short | Bybit ATOMUSDT | 1.8138 | −0.0056 | pay 0.0056% / 8h | 2h 32m | $15.3M | $10.4M | 75x |
BingX ATOM-USDT
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$32.7
- Price spread: −0.121% → 0.000%
- −$12.08
- Slippage, 4 orders
- −$29.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.41
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 1 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 BingX live order book, 11 min ago | 2.77 bp | 9.8 bp −$10 | 18.0 bp −$180 | 83.8 bp −$8,377 | 334.3 bp −$167.1K |
| Sell Bybit live order book, 1 min ago | 2.76 bp | 14.1 bp −$14 | 40.2 bp −$402 | 99.4 bp −$9,939 | 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 | −0.0356% | 1h | 1.8153 | −0.039% | $499 | $10K | 25x | as long as short |
| Bybit ATOMUSDTshort | −0.0056% | 8h | 1.8138 | −0.121% | $15.3M | $10.4M | 75x | |
| Variational Omni ATOM | −0.0054% | 8h | 1.8114 | −0.251% | $580K | $18K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0041% | 8h | 1.8130 | −0.165% | $5.2M | $5.0M | 50x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.165% | $26K | $12K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8190 | +0.165% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8168 | +0.044% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0078% | 8h | 1.8165 | +0.028% | $6.7M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8149 | −0.061% | $2.8M | $926K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8165 | +0.026% | $988K | $243K | 20x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bitget ATOMUSDT
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 | 1.8153 | −0.041% | $21.7M | $30.3M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8160 | 0.000% | $2.5M | $829K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8150 | −0.055% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8160 | 0.000% | $1.6M | $814K | 50x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.8160 | long leg | — | $24.6M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8160 | −0.001% | $447K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8150 | −0.055% | $771K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8165 | +0.028% | $310K | $184K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8160 | 0.000% | $1.6M | $1.8M | 50x | as long as short |
| BloFin ATOM-USDT | +0.0102% | 8h | 1.8140 | −0.110% | $1.1M | $326K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8148 | −0.068% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8190 | +0.165% | $664 | $174K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8159 | −0.006% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0203% | 1h | 1.8159 | −0.005% | $3.1M | $668K | 50x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8145 | −0.082% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
BloFin ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD
Reya ATOMRUSDPERP