Funding you earn now, next payment 08:00 UTC+0.0241%/8h= +26.4% APRnext payment +$2.41 per $10,000 · paid last 24h +0.033%
Price spread now: Bitget against Bybit+0.067%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.067%, 7d avg −0.029%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.096% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8014 | −0.0141 | get 0.0141% / 8h | 5h 40m | $15.1M | $10.0M | 75x |
| Short | Bitget ATOMUSDT | 1.8026 | 0.0100 | get 0.0100% / 8h | 5h 40m | $6.8M | $2.8M | 75x |
Bybit ATOMUSDT
Bitget ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $50.65
- Price spread: +0.067% → −0.029%
- $9.58
- Slippage, 4 orders
- −$39.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2.24
- Costs to cover
- 0.625%
- Break-even
- 7.3 days
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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 Bybit live order book, 3 min ago | 2.78 bp | 13.8 bp −$14 | 28.8 bp −$288 | 248.8 bp −$24.9K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.33 bp | 21.7 bp −$22 | 38.2 bp −$382 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −0.411% | $25K | $6K | 25x | as long as short |
| Bybit ATOMUSDTlong | −0.0141% | 8h | 1.8014 | long leg | $15.1M | $10.0M | 75x | |
| Variational Omni ATOM | −0.0105% | 8h | 1.8006 | −0.042% | $576K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0083% | 8h | 1.8010 | −0.022% | $5.1M | $5.5M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0028% | 1h | 1.8006 | −0.044% | $495 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8016 | +0.013% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8025 | +0.063% | $800 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.8030 | +0.089% | $1.1M | $309K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8012 | −0.011% | $2.8M | $759K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8006 | −0.046% | $976K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
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 | 1.8023 | +0.051% | $21.4M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.022% | $2.5M | $821K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.022% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8030 | +0.089% | $1.6M | $687K | 50x | as long as short |
| Bitget ATOMUSDTshort | +0.0100% | 8h | 1.8026 | +0.067% | $6.8M | $2.8M | 75x | |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8020 | +0.033% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8016 | +0.011% | $443K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | −0.078% | $761K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7966 | −0.266% | $314K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.033% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8015 | +0.006% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0123% | 1h | 1.8028 | +0.076% | $3.1M | $690K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8050 | +0.200% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8025 | +0.061% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8007 | −0.040% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP