Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%
Price spread now: Phemex against dYdX−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phemex is 0.051% cheaper against dYdX than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ATOM-USD | 1.8009 | 0 | get 0.0000% / 1h | 5m 19s | $63K | $4K | 10x |
| Short | Phemex ATOMUSDT | 1.8000 | 0.0100 | get 0.0100% / 8h | 2h 05m | $1.6M | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against dYdX. 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
- $21
- Price spread: −0.051% → 0.000%
- −$5.05
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$6.05
- Costs to cover
- 0.220%
- Break-even
- 9.0 days
Slippage unknown: dYdX: no order-book sample; Phemex: live order book, 3 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 2.77 bp | 19.3 bp −$19 | 43.3 bp −$433 | 133.2 bp −$13.3K | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0250% | 1h | 1.7997 | −0.067% | $495 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0055% | 8h | 1.7970 | −0.217% | $5.2M | $5.0M | 50x | as long as short |
| Variational Omni ATOM | −0.0017% | 8h | 1.7974 | −0.194% | $575K | $18K | — | as long as short |
| Bybit ATOMUSDT | −0.0009% | 8h | 1.7980 | −0.162% | $15.2M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +1.004% | $26K | $12K | 25x | as long as short |
| dYdX ATOM-USDlong | 0.0000% | 1h | 1.8009 | long leg | $63K | $4K | 10x | |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8001 | −0.045% | $9K | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0072% | 8h | 1.8040 | +0.172% | $1.1M | $324K | 75x | as long as short |
| Bitget ATOMUSDT | +0.0099% | 8h | 1.7978 | −0.173% | $6.8M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7989 | −0.112% | $2.8M | $914K | 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 | 1.8006 | −0.015% | $980K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8000 | −0.051% | $21.5M | $30.3M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.051% | $2.5M | $834K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7990 | −0.106% | $9.0M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8000 | −0.051% | $1.6M | $824K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | −0.051% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8056 | +0.258% | $444K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8049 | +0.224% | $770K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7985 | −0.134% | $307K | $185K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8000 | −0.051% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7998 | −0.064% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8050 | +0.227% | $658 | $174K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1854% | 1h | 1.8002 | −0.040% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0204% | 1h | 1.8025 | +0.088% | $3.1M | $665K | 50x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7974 | −0.194% | $2K | — | 25x | as long as short |
Phemex ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Bitget ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD