Funding you earn now, next payment 00:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against Bybit−0.050%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.050%, 7d avg −0.023%
=Funding pays, the price is against you. Gate is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.023%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.024% in total) that is about 8.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8099 | −0.0057 | get 0.0057% / 8h | 3h 25m | $15.2M | $10.7M | 75x |
| Short | Gate ATOM_USDT | 1.8090 | 0.0100 | get 0.0100% / 8h | 3h 25m | $2.5M | $844K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $33.06
- Price spread: −0.050% → −0.023%
- −$2.7
- Slippage, 4 orders
- −$52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$47.64
- Costs to cover
- 0.780%
- Break-even
- 17.1 days
Slippage from Bybit: live order book, 2 min ago; Gate: 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 Bybit live order book, 2 min ago | 2.77 bp | 8.3 bp −$8 | 20.4 bp −$204 | 95.2 bp −$9,517 | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.76 bp | 27.7 bp −$28 | 95.6 bp −$956 | 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 | −0.0247% | 1h | 1.8116 | +0.094% | $498 | $10K | 25x | as long as short |
| Bybit ATOMUSDTlong | −0.0057% | 8h | 1.8099 | long leg | $15.2M | $10.7M | 75x | |
| Variational Omni ATOM | −0.0036% | 8h | 1.8095 | −0.024% | $575K | $15K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8100 | +0.006% | $63K | $3K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8119 | +0.110% | $9K | — | 150x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0002% | 8h | 1.8080 | −0.105% | $5.2M | $5.0M | 50x | as long as short |
| Bitget ATOMUSDT | +0.0088% | 8h | 1.8106 | +0.039% | $6.6M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8101 | +0.011% | $2.8M | $999K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8110 | +0.061% | $986K | $237K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8118 | +0.104% | $21.6M | $30.9M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDTshort | +0.0100% | 8h | 1.8090 | −0.050% | $2.5M | $844K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8110 | +0.061% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8110 | +0.061% | $1.6M | $850K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8100 | +0.006% | — | $25.2M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8093 | −0.035% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8090 | −0.051% | $764K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8094 | −0.028% | $308K | $185K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8100 | +0.006% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8110 | +0.061% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0114% | 8h | 1.8110 | +0.061% | $1.1M | $325K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0126% | 1h | 1.8090 | −0.050% | $660 | $90K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8121 | +0.124% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8097 | −0.011% | $2K | — | 25x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0232% | 1h | 1.8020 | −0.436% | $25K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0265% | 1h | 1.8131 | +0.176% | $3.1M | $672K | 50x | as long as short |
Bybit ATOMUSDT
Gate ATOM_USDT
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
OKX ATOM-USDT-SWAP
Bitget ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD