Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Phemex against BingX−0.057%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$610.611% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.057%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.068% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.7490 | 0.0100 | pay 0.0100% / 8h | 5h 29m | — | $43.8M | — |
| Short | Phemex ATOMUSDT | 1.7480 | 0.0100 | get 0.0100% / 8h | 5h 29m | $1.5M | $2.0M | 50x |
BingX ATOM-USDT
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.057% → +0.011%
- −$6.81
- Slippage, 4 orders
- −$39.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$67.95
- Costs to cover
- 0.611%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago | 2.86 bp | 10.0 bp −$10 | 22.0 bp −$220 | 95.0 bp −$9,503 | 328.8 bp −$164.4K |
| Sell Phemex live order book, 2 min ago | 5.73 bp | 20.8 bp −$21 | 40.7 bp −$407 | 120.7 bp −$12.1K | doesn't fit |
ATOM on 25 exchanges
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 | −0.0493% | 1h | 1.7486 | −0.023% | $481 | — | 25x | as long as short |
| Hyperliquid ATOM | −0.0117% | 1h | 1.7477 | −0.074% | $3.2M | $911K | 5x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7506 | +0.090% | $66K | $9K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7485 | −0.031% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0033% | 8h | 1.7490 | 0.000% | $14.6M | $9.9M | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0061% | 1h | 1.7506 | +0.091% | $2.8M | $781K | 50x | as long as short |
| Variational Omni ATOM | +0.0066% | 8h | 1.7461 | −0.166% | $554K | $83K | — | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7459 | −0.175% | $948K | $128K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7492 | +0.012% | $21.2M | $32.7M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7470 | −0.114% | $5.0M | $5.8M | 50x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Hyperliquid ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Kraken Futures PF_ATOMUSD
Variational Omni ATOM
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAPShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7490 | 0.000% | $2.5M | $852K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7490 | 0.000% | $21.5M | $7.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7480 | −0.057% | $1.5M | $688K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7489 | −0.006% | $6.5M | $2.7M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.7490 | long leg | — | $43.8M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7466 | −0.136% | $430K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7487 | −0.019% | $750K | $2.4M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7469 | −0.120% | $305K | $153K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7480 | −0.057% | $1.5M | $2.0M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7493 | +0.019% | $9K | $275K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0127% | 8h | 1.7460 | −0.172% | $1.1M | $317K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0129% | 1h | 1.7490 | 0.000% | $638 | $290K | 12x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0136% | 1h | 1.7500 | +0.057% | $25K | $5K | 25x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7497 | +0.038% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7475 | −0.085% | $2K | — | 25x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
Coinbase International ATOM-PERP-INTX
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP