Funding you earn now, next payment 02:00 UTC−0.0269%/8h= −29.4% APRpaid last 24h −0.031%
Price spread now: OKX against Injective−0.387%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days−0.563%−$56 on $10k
+Price spread, last 3 days (all we have)+0.270%+$27 · spread now −0.387%, 7d avg −0.143%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.244% cheaper against Injective than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.143%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.8070 | 0.0171 | pay 0.0021% / 1h | 4m 41s | $659 | $290K | 12x |
| Short | OKX ATOM-USDT-SWAP | 1.8000 | −0.0098 | pay 0.0098% / 8h | 6h 04m | $5.1M | $5.5M | 50x |
Injective ATOM/USDC PERP
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$56.43
- Price spread: −0.387% → −0.143%
- −$24.39
- Slippage, 4 orders
- −$88.75
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$179.59
- Costs to cover
- 0.988%
- Break-even
- never at this rate
Slippage from Injective: live order book, 49 min ago; OKX: 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, 49 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.77 bp | 13.7 bp −$14 | 45.1 bp −$451 | doesn't fit | doesn't fit |
ATOM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0201% | 8h | 1.8010 | −0.332% | $15.1M | $10.2M | 75x | as long as short |
| Variational Omni ATOM | −0.0114% | 8h | 1.7962 | −0.598% | $574K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAPshort | −0.0098% | 8h | 1.8000 | −0.387% | $5.1M | $5.5M | 50x | |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8005 | −0.359% | $3.1M | $695K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8006 | −0.354% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7990 | −0.443% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7996 | −0.411% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.719% | $25K | $7K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7980 | −0.498% | $2.8M | $767K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7980 | −0.498% | $974K | $245K | 20x | as long as short |
Bybit ATOMUSDT
Variational Omni ATOM
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8014 | −0.310% | $21.4M | $30.5M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.387% | $2.5M | $832K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.387% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8000 | −0.387% | $1.6M | $727K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8010 | −0.332% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | −0.387% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | −0.130% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | −0.389% | $769K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7952 | −0.653% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8000 | −0.387% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8010 | −0.333% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0171% | 1h | 1.8070 | long leg | $659 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7993 | −0.427% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7980 | −0.500% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
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
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP