Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: Phemex against edgeX+0.288%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days−0.261%−$26 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.288%, 7d avg +0.044%
=Together, before fees−0.183%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.245% dearer against edgeX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ATOMUSDC | 1.7699 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $435K | $296K | 10x |
| Short | Phemex ATOMUSDT | 1.7750 | 0.0100 | get 0.0100% / 8h | 2h 34m | $1.5M | $2.0M | 50x |
edgeX ATOMUSDC
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- $0
- Price spread: +0.288% → +0.044%
- $24.46
- Slippage, 4 orders
- −$59.88
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$56.41
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; Phemex: live order book, 3 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 edgeX live order book, 14 min ago | 11.26 bp | 18.3 bp −$18 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 5.65 bp | 20.4 bp −$20 | 38.2 bp −$382 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ATOM-USD | 0.0000% | 1h | 1.7747 | +0.272% | $62K | $5K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7753 | +0.305% | $488 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7754 | +0.311% | $788 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.7860 | +0.910% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0039% | 8h | 1.7682 | −0.094% | $561K | $78K | — | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7720 | +0.119% | $2.7M | $727K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7702 | +0.018% | $962K | $201K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7710 | +0.062% | $21.2M | $32.4M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7701 | +0.011% | $14.5M | $10.3M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7670 | −0.164% | $4.9M | $5.8M | 50x | as long as short |
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7730 | +0.175% | $2.4M | $850K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7690 | −0.051% | $8.5M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7730 | +0.175% | $1.6M | $698K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7705 | +0.034% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7730 | +0.175% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDClong | +0.0100% | 4h | 1.7699 | long leg | $435K | $296K | 10x | |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7697 | −0.011% | $755K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7679 | −0.113% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7750 | +0.288% | $1.5M | $2.0M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7717 | +0.100% | $10K | $236K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0106% | 8h | 1.7740 | +0.232% | $1.1M | $353K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0110% | 1h | 1.7710 | +0.062% | $646 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7751 | +0.292% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7737 | +0.217% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0555% | 1h | 1.7759 | +0.339% | $2.9M | $845K | 50x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD