Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.013%
Price spread now: Phemex against Extended+0.039%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2022.025% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 3 days (all we have)+0.075%+$7 · spread now +0.039%, 7d avg +0.017%
=Together, before fees−0.055%+ Points / potential airdropExtended: Active · farm board−$5 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 0.022% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ATOM-USD | 1.8003 | 0.0104 | pay 0.0013% / 1h | 2m 05s | $5K | $208K | 10x |
| Short | Phemex ATOMUSDT | 1.8010 | 0.0100 | get 0.0100% / 8h | 6h 02m | $1.6M | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Extended. 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
- −$0.84
- Price spread: +0.039% → +0.017%
- $2.17
- Slippage, 4 orders
- −$185.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$201.13
- Costs to cover
- 2.025%
- Break-even
- never at this rate
Slippage from Extended: live order book, 65 min ago; Phemex: live order book, 1 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 Extended live order book, 65 min ago | 4.68 bp | 11.5 bp −$12 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 55.90 bp | 109.5 bp −$109 | 134.6 bp −$1,346 | 200.1 bp −$20.0K | doesn't fit |
ATOM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0188% | 8h | 1.7993 | −0.056% | $15.1M | $10.2M | 75x | as long as short |
| Variational Omni ATOM | −0.0114% | 8h | 1.7962 | −0.229% | $574K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0097% | 8h | 1.7970 | −0.184% | $5.1M | $5.5M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8020 | +0.097% | $3.1M | $690K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8007 | +0.021% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8001 | −0.011% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8006 | +0.015% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.350% | $25K | $7K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7987 | −0.089% | $2.8M | $767K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7986 | −0.095% | $975K | $245K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8006 | +0.015% | $21.4M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.017% | $2.5M | $833K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.017% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8020 | +0.094% | $1.6M | $723K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8006 | +0.016% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | −0.017% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | +0.241% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7980 | −0.127% | $768K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7995 | −0.045% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8010 | +0.039% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USDlong | +0.0104% | 1h | 1.8003 | long leg | $5K | $208K | 10x | |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8020 | +0.094% | $657 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8005 | +0.012% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7992 | −0.061% | $2K | — | 25x | as long as short |
Extended ATOM-USD
Phemex ATOMUSDT
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]