Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against HTX−0.150%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1431.429% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.150%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.182% cheaper against HTX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ATOM-USDT | 1.8009 | 0.0100 | pay 0.0100% / 8h | 4h 49m | $313K | $175K | 75x |
| Short | Bybit ATOMUSDT | 1.7982 | −0.0054 | pay 0.0054% / 8h | 4h 49m | $14.9M | $9.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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
- −$32.36
- Price spread: −0.150% → +0.032%
- −$18.16
- Slippage, 4 orders
- −$119.93
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$193.46
- Costs to cover
- 1.429%
- Break-even
- never at this rate
Slippage from HTX: live order book, 8 min ago; Bybit: live order book, 4 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 HTX live order book, 8 min ago | 17.72 bp | 92.9 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.77 bp | 12.3 bp −$12 | 27.0 bp −$270 | 87.5 bp −$8,746 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0312% | 1h | 1.7940 | −0.383% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0250% | 1h | 1.7990 | −0.106% | $495 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0076% | 8h | 1.8012 | +0.016% | $576K | $74K | — | as long as short |
| Bybit ATOMUSDTshort | −0.0054% | 8h | 1.7982 | −0.150% | $14.9M | $9.8M | 75x | |
| OKX ATOM-USDT-SWAP | −0.0014% | 8h | 1.7990 | −0.106% | $5.0M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8017 | +0.042% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8002 | −0.039% | $799 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0079% | 8h | 1.8020 | +0.061% | $1.1M | $297K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7991 | −0.100% | $2.8M | $732K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8010 | +0.003% | $976K | $234K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8000 | −0.050% | $21.4M | $29.7M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.050% | $2.5M | $808K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7990 | −0.106% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8010 | +0.006% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7999 | −0.056% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7980 | −0.161% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8072 | +0.352% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8082 | +0.406% | $764K | $2.7M | 10x | as long as short |
| HTX ATOM-USDTlong | +0.0100% | 8h | 1.8009 | long leg | $313K | $175K | 75x | |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8000 | −0.050% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8005 | −0.022% | $5K | $204K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8040 | +0.172% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8000 | −0.051% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7984 | −0.138% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0358% | 1h | 1.8004 | −0.028% | $3.1M | $712K | 50x | as long as short |
HTX ATOM-USDT
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
OKX ATOM-USDT-SWAP
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
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
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD