Funding you earn now, next payment 05:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.021%
Price spread now: Bybit against Coinbase International+0.441%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.441% dearer against Coinbase International than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ATOM-PERP-INTX | 1.7700 | 0.0008 | pay 0.0001% / 1h | 18m 16s | $24K | $4K | 25x |
| Short | Bybit ATOMUSDT | 1.7778 | 0.0100 | get 0.0100% / 8h | 2h 18m | $14.7M | $10.5M | 75x |
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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
- $19.32
- Price spread: +0.441% → 0.000%
- $44.07
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $42.39
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, just now. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, just now | 2.81 bp | 13.3 bp −$13 | 29.0 bp −$290 | 102.4 bp −$10.2K | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ATOM-USD | 0.0000% | 1h | 1.7777 | +0.434% | $62K | $5K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7794 | +0.531% | $489 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7786 | +0.487% | $790 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTXlong | +0.0008% | 1h | 1.7700 | long leg | $24K | $4K | 25x | |
| Variational Omni ATOM | +0.0039% | 8h | 1.7682 | −0.102% | $564K | $81K | — | as long as short |
| BloFin ATOM-USDT | +0.0074% | 8h | 1.7760 | +0.339% | $1.1M | $355K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7779 | +0.446% | $2.7M | $735K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7767 | +0.376% | $966K | $202K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7791 | +0.516% | $21.2M | $32.9M | 75x | as long as short |
| Bybit ATOMUSDTshort | +0.0100% | 8h | 1.7778 | +0.441% | $14.7M | $10.5M | 75x |
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7770 | +0.395% | $5.0M | $5.9M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7780 | +0.452% | $2.4M | $862K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7790 | +0.508% | $8.4M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7790 | +0.508% | $1.6M | $719K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7789 | +0.503% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7780 | +0.452% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7703 | +0.019% | $436K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7620 | −0.452% | $744K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7765 | +0.367% | $310K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7780 | +0.452% | $1.5M | $2.0M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7786 | +0.484% | $32K | $258K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0110% | 1h | 1.7730 | +0.169% | $647 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7789 | +0.501% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7779 | +0.446% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0554% | 1h | 1.7803 | +0.583% | $2.9M | $860K | 50x | as long as short |
OKX ATOM-USDT-SWAP
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
Kraken Futures PF_ATOMUSD