Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.013%
Price spread now: Gate against Injective−0.055%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1331.329% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.055%, 7d avg −0.108%
=The price spread pays, funding is against you. Gate is 0.053% dearer against Injective than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.108%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.429% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.8120 | 0.0146 | pay 0.0018% / 1h | 59m 20s | $661 | $290K | 12x |
| Short | Gate ATOM_USDT | 1.8110 | 0.0100 | get 0.0100% / 8h | 3h 59m | $2.5M | $795K | 75x |
Injective ATOM/USDC PERP
Gate ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- −$9.68
- Price spread: −0.055% → −0.108%
- $5.33
- Slippage, 4 orders
- −$117.91
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$137.28
- Costs to cover
- 1.329%
- Break-even
- never at this rate
Slippage from Injective: live order book, 45 min ago; Gate: live order book, 3 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 Injective live order book, 45 min ago | 36.04 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.53 bp | 30.9 bp −$31 | 105.0 bp −$1,050 | doesn't fit | 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 | −0.0256% | 1h | 1.8040 | −0.442% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0192% | 1h | 1.8106 | −0.077% | $498 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0042% | 8h | 1.8082 | −0.211% | $578K | $74K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8117 | −0.019% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8110 | −0.056% | $804 | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0031% | 8h | 1.8094 | −0.143% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0045% | 8h | 1.8100 | −0.110% | $5.0M | $5.6M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8116 | −0.022% | $2.8M | $697K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8093 | −0.150% | $981K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8108 | −0.068% | $21.5M | $29.9M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
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_USDTshort | +0.0100% | 8h | 1.8110 | −0.055% | $2.5M | $795K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.110% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8120 | 0.000% | $1.6M | $673K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8110 | −0.055% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8110 | −0.055% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8091 | −0.160% | $445K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8070 | −0.276% | $773K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8076 | −0.243% | $315K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8100 | −0.110% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8101 | −0.105% | $5K | $200K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0125% | 8h | 1.8130 | +0.055% | $1.1M | $303K | 75x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0146% | 1h | 1.8120 | long leg | $661 | $290K | 12x | |
| Kraken Futures PF_ATOMUSD | +0.0164% | 1h | 1.8125 | +0.030% | $3.1M | $704K | 50x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8110 | −0.053% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8097 | −0.127% | $2K | — | 25x | as long as short |
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP