Funding you earn now, next payment 22:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.014%
Price spread now: Injective against BloFin−0.221%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1091.085% of the position
Funding, last 7 days+0.373%+$37 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now −0.221%, 7d avg +0.045%
=Funding pays, the price is against you. Injective is 0.266% cheaper against BloFin than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of +0.045%). If the spread goes back, that is −$27 on $10k: about 35 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.373% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATOM-USDT | 1.8100 | 0.0106 | pay 0.0106% / 8h | 2h 10m | $1.1M | $325K | 75x |
| Short | Injective ATOM/USDC PERP | 1.8060 | 0.0132 | get 0.0016% / 1h | 10m 20s | $659 | $174K | 12x |
BloFin ATOM-USDT
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- $5.36
- Price spread: −0.221% → +0.045%
- −$26.63
- Slippage, 4 orders
- −$96.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$129.82
- Costs to cover
- 1.085%
- Break-even
- 176.6 days
Slippage from BloFin: live order book, 7 min ago; Injective: live order book, 64 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 BloFin live order book, 7 min ago | 8.29 bp | 22.0 bp −$22 | 32.9 bp −$329 | 88.0 bp −$8,796 | doesn't fit |
| Sell Injective live order book, 64 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | 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 | −0.0193% | 1h | 1.8052 | −0.265% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0051% | 8h | 1.8030 | −0.387% | $5.2M | $5.0M | 50x | as long as short |
| Variational Omni ATOM | −0.0017% | 8h | 1.8025 | −0.417% | $576K | $18K | — | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.497% | $26K | $12K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0003% | 8h | 1.8050 | −0.276% | $15.2M | $10.4M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8050 | −0.276% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8068 | −0.177% | $9K | — | 150x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8055 | −0.249% | $2.8M | $925K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8065 | −0.194% | $983K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8075 | −0.139% | $21.6M | $30.4M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8050 | −0.276% | $2.5M | $834K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8070 | −0.166% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8060 | −0.221% | $1.6M | $825K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8059 | −0.227% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8060 | −0.221% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8092 | −0.043% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8060 | −0.220% | $770K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8029 | −0.392% | $308K | $185K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8050 | −0.276% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8053 | −0.261% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDTlong | +0.0106% | 8h | 1.8100 | long leg | $1.1M | $325K | 75x | |
| Injective ATOM/USDC PERPshort | +0.0132% | 1h | 1.8060 | −0.221% | $659 | $174K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1854% | 1h | 1.8075 | −0.138% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0204% | 1h | 1.8070 | −0.166% | $3.1M | $663K | 50x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8048 | −0.285% | $2K | — | 25x | 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
Phemex ATOMUSDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD
Reya ATOMRUSDPERP