Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Phemex against Gate0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 3 days (all we have)+0.132%+$13 · spread now 0.000%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.039% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.8130 | 0.0100 | pay 0.0100% / 8h | 47m 46s | $2.5M | $844K | 75x |
| Short | Phemex ATOMUSDT | 1.8130 | 0.0100 | get 0.0100% / 8h | 47m 46s | $1.6M | $1.9M | 50x |
Gate ATOM_USDT
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: 0.000% → +0.039%
- −$3.92
- Slippage, 4 orders
- −$68.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$99.38
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Phemex: live order book, 6 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, 5 min ago | 5.51 bp | 26.6 bp −$27 | 81.6 bp −$816 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 2.75 bp | 21.1 bp −$21 | 34.4 bp −$344 | 116.6 bp −$11.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0136% | 1h | 1.8126 | −0.022% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0080% | 8h | 1.8100 | −0.165% | $5.2M | $5.4M | 50x | as long as short |
| Variational Omni ATOM | −0.0005% | 8h | 1.8133 | +0.015% | $580K | $81K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8147 | +0.092% | $63K | $3K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8137 | +0.037% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0003% | 8h | 1.8105 | −0.138% | $15.2M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.110% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8117 | −0.072% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8142 | +0.064% | $987K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8120 | −0.055% | $21.6M | $30.8M | 75x | 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
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_USDTlong | +0.0100% | 8h | 1.8130 | long leg | $2.5M | $844K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8120 | −0.055% | $9.2M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8140 | +0.055% | $1.6M | $831K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8111 | −0.105% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8120 | −0.055% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8156 | +0.142% | $447K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8160 | +0.165% | $775K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8105 | −0.138% | $310K | $179K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.8130 | 0.000% | $1.6M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.8126 | −0.020% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0130% | 8h | 1.8150 | +0.110% | $1.1M | $338K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8160 | +0.165% | $662 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8130 | +0.002% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8116 | −0.077% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0243% | 1h | 1.8148 | +0.100% | $3.1M | $674K | 50x | as long as short |
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
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