Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.004%
Price spread now: Bybit against gTrade (Gains Network)−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.102% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ATOM/USD | 1.7995 | L +0.0001% / S +0.0001% | pay 0.0000% / 1h | 42m 15s | $799 | — | 150x |
| Short | Bybit ATOMUSDT | 1.7977 | −0.0048 | pay 0.0048% / 8h | 4h 42m | $14.9M | $9.8M | 75x |
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against gTrade (Gains Network). 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
- −$10.11
- Price spread: −0.102% → 0.000%
- −$10.17
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.28
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Bybit: live order book, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 2.78 bp | 13.1 bp −$13 | 24.6 bp −$246 | 92.6 bp −$9,260 | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0312% | 1h | 1.7940 | −0.307% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0139% | 1h | 1.7991 | −0.024% | $495 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0078% | 8h | 1.7972 | −0.131% | $574K | $74K | — | as long as short |
| Bybit ATOMUSDTshort | −0.0048% | 8h | 1.7977 | −0.102% | $14.9M | $9.8M | 75x | |
| OKX ATOM-USDT-SWAP | −0.0014% | 8h | 1.7980 | −0.085% | $5.0M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7990 | −0.027% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USDlong | L +0.0001% / S +0.0001% | 1h | 1.7995 | long leg | $799 | — | 150x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7997 | +0.009% | $2.8M | $752K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7974 | −0.116% | $974K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7981 | −0.080% | $21.4M | $29.7M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8000 | +0.026% | $2.5M | $809K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7980 | −0.085% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8000 | +0.026% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7987 | −0.046% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7990 | −0.029% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7987 | −0.046% | $442K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7990 | −0.029% | $760K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7964 | −0.174% | $313K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7980 | −0.085% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7984 | −0.065% | $5K | $199K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8010 | +0.082% | $657 | $290K | 12x | as long as short |
| BloFin ATOM-USDT | +0.0127% | 8h | 1.8000 | +0.026% | $1.1M | $297K | 75x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7993 | −0.010% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7982 | −0.073% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0358% | 1h | 1.8003 | +0.045% | $3.1M | $708K | 50x | as long as short |
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
BloFin ATOM-USDT
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD