Funding you earn now, next payment 16:00 UTC−0.0244%/8h= −26.8% APRnext payment −$2.44 per $10,000 · paid last 24h −0.031%
Price spread now: Bybit against MEXC0.000%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now 0.000%, 7d avg −0.031%
=The price spread pays, funding is against you. Bybit is 0.031% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.031%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.026% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ATOM_USDT | 1.7730 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $8.3M | $5.2M | 200x |
| Short | Bybit ATOMUSDT | 1.7730 | −0.0144 | pay 0.0144% / 8h | 7h 48m | $14.9M | $10.5M | 75x |
MEXC ATOM_USDT
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$51.33
- Price spread: 0.000% → −0.031%
- $3.06
- Slippage, 4 orders
- −$26.12
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$85.39
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 5 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 MEXC live order book, 4 min ago | 2.82 bp | 7.7 bp −$8 | 16.8 bp −$168 | 103.3 bp −$10.3K | 165.3 bp −$82.6K |
| Sell Bybit live order book, 5 min ago | 2.82 bp | 13.9 bp −$14 | 24.8 bp −$248 | 94.4 bp −$9,442 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ATOMUSDT | −0.0583% | 8h | 1.7740 | +0.056% | $1.6M | $2.0M | 50x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0265% | 1h | 1.7753 | +0.128% | $2.9M | $839K | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0257% | 1h | 1.7745 | +0.085% | $488 | $10K | 25x | as long as short |
| Bybit ATOMUSDTshort | −0.0144% | 8h | 1.7730 | 0.000% | $14.9M | $10.5M | 75x | |
| GRVT ATOM_USDT_Perp | −0.0018% | 8h | 1.7730 | 0.000% | $748K | $2.6M | 10x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7747 | +0.096% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7750 | +0.112% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0016% | 1h | 1.7700 | −0.169% | $24K | $4K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0089% | 8h | 1.7720 | −0.056% | $932K | $356K | 75x | as long as short |
| Hyperliquid ATOM | +0.0098% | 1h | 1.7729 | −0.006% | $3.1M | $937K | 5x | as long as short |
Phemex ATOMUSDT
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
GRVT ATOM_USDT_Perp
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.7746 | +0.088% | $965K | $154K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7740 | +0.056% | $21.2M | $32.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7730 | 0.000% | $5.0M | $6.1M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7740 | +0.056% | $2.4M | $780K | 75x | as long as short |
| MEXC ATOM_USDTlong | +0.0100% | 8h | 1.7730 | long leg | $8.3M | $5.2M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7740 | +0.056% | $1.5M | $717K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7748 | +0.102% | $6.6M | $3.2M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7740 | +0.056% | — | $3.8M | — | as long as short |
| Variational Omni ATOM | +0.0100% | 8h | 1.7742 | +0.068% | $563K | $84K | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7729 | −0.003% | $436K | $296K | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7745 | +0.085% | $310K | $156K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7735 | +0.029% | $8K | $276K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.7750 | +0.113% | $648 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7752 | +0.122% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7737 | +0.041% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
Variational Omni ATOM
edgeX ATOMUSDC
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP