Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against Bybit0.000%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now 0.000%, 7d avg −0.041%
=The price spread pays, funding is against you. OKX is 0.041% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.041%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.109% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8150 | 0.0020 | pay 0.0020% / 8h | 1h 18m | $15.3M | $10.5M | 75x |
| Short | OKX ATOM-USDT-SWAP | 1.8150 | −0.0097 | pay 0.0097% / 8h | 1h 18m | $5.2M | $5.3M | 50x |
Bybit ATOMUSDT
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$24.47
- Price spread: 0.000% → −0.041%
- $4.08
- Slippage, 4 orders
- −$34.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.29
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago | 2.76 bp | 13.1 bp −$13 | 29.1 bp −$291 | 158.2 bp −$15.8K | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.76 bp | 12.1 bp −$12 | 45.7 bp −$457 | 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 | −0.0245% | 1h | 1.8156 | +0.033% | $499 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAPshort | −0.0097% | 8h | 1.8150 | 0.000% | $5.2M | $5.3M | 50x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8157 | +0.041% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8162 | +0.066% | $9K | — | 150x | as long as short |
| Variational Omni ATOM | +0.0005% | 8h | 1.8153 | +0.015% | $589K | $52K | — | as long as short |
| Bybit ATOMUSDTlong | +0.0020% | 8h | 1.8150 | long leg | $15.3M | $10.5M | 75x | |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | 0.000% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0095% | 8h | 1.8160 | +0.055% | $1.1M | $337K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0099% | 1h | 1.8174 | +0.131% | $3.1M | $677K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8159 | +0.050% | $2.8M | $910K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8160 | +0.055% | $988K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8160 | +0.055% | $21.7M | $30.8M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8160 | +0.055% | $2.5M | $845K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8140 | −0.055% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8170 | +0.110% | $1.6M | $840K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8150 | 0.000% | $6.9M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8140 | −0.055% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8171 | +0.118% | $447K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8165 | +0.085% | $768K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8127 | −0.127% | $310K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8160 | +0.055% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8157 | +0.036% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8180 | +0.165% | $663 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8162 | +0.068% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8145 | −0.025% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP