Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Gate0.000%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)+0.294%+$29 · spread now 0.000%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.060% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.8090 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $2.5M | $843K | 75x |
| Short | BloFin ATOM-USDT | 1.8090 | 0.0082 | get 0.0082% / 8h | 1h 30m | $1.1M | $336K | 75x |
Gate ATOM_USDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$3.77
- Price spread: 0.000% → +0.060%
- −$5.98
- Slippage, 4 orders
- −$63.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.39
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: 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 Gate live order book, 2 min ago | 5.53 bp | 27.0 bp −$27 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 8.29 bp | 17.8 bp −$18 | 24.2 bp −$242 | 77.0 bp −$7,696 | 221.6 bp −$110.8K |
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 | −0.0192% | 1h | 1.8086 | −0.022% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0086% | 8h | 1.8070 | −0.111% | $5.2M | $5.2M | 50x | as long as short |
| Variational Omni ATOM | −0.0012% | 8h | 1.8093 | +0.016% | $579K | $42K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8110 | +0.111% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8096 | +0.035% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0011% | 8h | 1.8076 | −0.077% | $15.3M | $10.5M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | +0.332% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDTshort | +0.0082% | 8h | 1.8090 | 0.000% | $1.1M | $336K | 75x | |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8105 | +0.083% | $3.1M | $678K | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8081 | −0.050% | $2.8M | $910K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8086 | −0.024% | $984K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8081 | −0.050% | $21.6M | $30.8M | 75x | as long as short |
| Gate ATOM_USDTlong | +0.0100% | 8h | 1.8090 | long leg | $2.5M | $843K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.055% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.055% | $1.6M | $840K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8090 | 0.000% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | −0.055% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8101 | +0.062% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8105 | +0.081% | $771K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8085 | −0.028% | $309K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8086 | −0.022% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8080 | −0.055% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8101 | +0.058% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8082 | −0.044% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
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