Funding you earn now, next payment 02:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.012%
Price spread now: Injective against BingX+0.055%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$980.981% of the position
Funding, last 7 days+0.359%+$36 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.055%, 7d avg +0.085%
=Funding pays, the price is against you. Injective is 0.030% cheaper against BingX than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.085%). If the spread goes back, that is −$3 on $10k: about 34 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.359% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.8080 | 0.0100 | pay 0.0100% / 8h | 6h 25m | — | $24.7M | — |
| Short | Injective ATOM/USDC PERP | 1.8090 | 0.0171 | get 0.0021% / 1h | 25m 15s | $660 | $290K | 12x |
BingX ATOM-USDT
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $14.87
- Price spread: +0.055% → +0.085%
- −$3
- Slippage, 4 orders
- −$88.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$86.21
- Costs to cover
- 0.981%
- Break-even
- 47.6 days
Slippage from BingX: live order book, 8 min ago; Injective: live order book, 29 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, 8 min ago | 5.56 bp | 10.6 bp −$11 | 24.4 bp −$244 | 102.2 bp −$10.2K | 361.1 bp −$180.5K |
| Sell Injective live order book, 29 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0183% | 8h | 1.8086 | +0.033% | $15.1M | $10.8M | 75x | as long as short |
| Variational Omni ATOM | −0.0097% | 8h | 1.8062 | −0.099% | $577K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0091% | 8h | 1.8070 | −0.055% | $5.1M | $5.7M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8110 | +0.165% | $3.1M | $700K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8086 | +0.035% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8096 | +0.088% | $497 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8085 | +0.030% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.774% | $25K | $11K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8083 | +0.017% | $2.8M | $852K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8066 | −0.078% | $979K | $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 | 1.8097 | +0.091% | $21.4M | $31.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8070 | −0.055% | $2.5M | $822K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | 0.000% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8090 | +0.055% | $1.6M | $754K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8093 | +0.072% | $6.8M | $2.9M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.8080 | long leg | — | $24.7M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8070 | −0.058% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8061 | −0.104% | $772K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8075 | −0.028% | $314K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8100 | +0.111% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8092 | +0.065% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0171% | 1h | 1.8090 | +0.055% | $660 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8096 | +0.089% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8085 | +0.026% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP