Funding you earn now, next payment 09:00 UTC+0.0565%/8h= +61.9% APRpaid last 24h +0.041%
Price spread now: Injective against Bybit+0.113%7-day average +0.104% · 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−$105as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days+0.434%+$43 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.113%, 7d avg +0.104%
=The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.7710 | −0.0394 | get 0.0394% / 8h | 7h 52m | $14.9M | $10.5M | 75x |
| Short | Injective ATOM/USDC PERP | 1.7730 | 0.0171 | get 0.0021% / 1h | 52m 51s | $647 | $290K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $118.73
- Price spread: +0.113% → +0.104%
- $0.87
- Slippage, 4 orders
- −$94.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $13.79
- Costs to cover
- 1.058%
- Break-even
- 6.2 days
Slippage from Bybit: live order book, just now; Injective: live order book, 31 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, just now | 2.82 bp | 12.7 bp −$13 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell Injective live order book, 31 min ago | 39.62 bp | 39.6 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ATOMUSDT | −0.0929% | 8h | 1.7730 | +0.113% | $1.5M | $2.0M | 50x | as long as short |
| Bybit ATOMUSDTlong | −0.0394% | 8h | 1.7710 | long leg | $14.9M | $10.5M | 75x | |
| Deribit ATOM_USDC-PERPETUAL | −0.0370% | 1h | 1.7740 | +0.169% | $488 | $10K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0265% | 1h | 1.7753 | +0.241% | $2.9M | $838K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7747 | +0.208% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7745 | +0.196% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0016% | 1h | 1.7700 | −0.056% | $24K | $4K | 25x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0060% | 8h | 1.7703 | −0.039% | $747K | $2.6M | 10x | as long as short |
| BloFin ATOM-USDT | +0.0087% | 8h | 1.7740 | +0.169% | $938K | $356K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7715 | +0.028% | $3.1M | $937K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.7747 | +0.210% | $965K | $154K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7729 | +0.107% | $21.2M | $32.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7720 | +0.056% | $5.0M | $6.1M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7730 | +0.113% | $2.4M | $780K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7730 | +0.113% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7740 | +0.169% | $1.5M | $717K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7748 | +0.215% | $6.6M | $3.2M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7730 | +0.113% | — | $3.8M | — | as long as short |
| Variational Omni ATOM | +0.0100% | 8h | 1.7712 | +0.012% | $563K | $84K | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7709 | −0.005% | $436K | $296K | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7698 | −0.068% | $309K | $156K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7724 | +0.082% | $8K | $276K | 10x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0171% | 1h | 1.7730 | +0.113% | $647 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7747 | +0.208% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7732 | +0.125% | $2K | — | 25x | as long as short |
Bybit ATOMUSDT
Injective ATOM/USDC PERP
Phemex ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
Kraken Futures PF_ATOMUSD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
GRVT ATOM_USDT_Perp
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
Variational Omni ATOM
edgeX ATOMUSDC
HTX ATOM-USDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]