Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.013%
Price spread now: Injective against MEXC+0.167%55s7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.824% of the position
Funding, last 7 days+0.416%+$42 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.167%, 7d avg +0.078%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Injective is 0.088% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.078%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ATOM_USDT | 1.8010 | 0.0100 | pay 0.0100% / 8h | 4h 22m | $8.4M | $3.1M | 200x |
| Short | Injective ATOM/USDC PERP | 1.8040 | 0.0116 | get 0.0015% / 1h | 22m 30s | $658 | $290K | 12x |
MEXC ATOM_USDT
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $3.4
- Price spread: +0.167% → +0.078%
- $8.81
- Slippage, 4 orders
- −$82.38
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$70.19
- Costs to cover
- 0.824%
- Break-even
- 151.3 days
Slippage from MEXC: live order book, 5 min ago; Injective: live order book, 22 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, 5 min ago | 2.77 bp | 7.1 bp −$7 | 15.1 bp −$151 | 93.9 bp −$9,389 | 157.0 bp −$78.5K |
| Sell Injective live order book, 22 min ago | 36.04 bp | 36.1 bp −$36 | doesn't fit | 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 | −0.0312% | 1h | 1.8040 | +0.167% | $25K | $4K | 25x | as long as short |
| Variational Omni ATOM | −0.0061% | 8h | 1.8002 | −0.046% | $575K | $74K | — | as long as short |
| Bybit ATOMUSDT | −0.0005% | 8h | 1.8010 | 0.000% | $14.9M | $9.8M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8017 | +0.037% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8034 | +0.133% | $496 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8015 | +0.030% | $800 | — | 150x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0023% | 8h | 1.8000 | −0.056% | $5.0M | $5.5M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8028 | +0.100% | $2.8M | $717K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8019 | +0.052% | $977K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8019 | +0.052% | $21.4M | $29.9M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Bybit ATOMUSDT
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
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_USDT | +0.0100% | 8h | 1.8010 | 0.000% | $2.5M | $812K | 75x | as long as short |
| MEXC ATOM_USDTlong | +0.0100% | 8h | 1.8010 | long leg | $8.4M | $3.1M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8030 | +0.111% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8000 | −0.056% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8020 | +0.056% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8018 | +0.047% | $443K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8020 | +0.055% | $768K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8023 | +0.072% | $314K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8020 | +0.056% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8005 | −0.028% | $7K | $202K | 10x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0116% | 1h | 1.8040 | +0.167% | $658 | $290K | 12x | |
| BloFin ATOM-USDT | +0.0129% | 8h | 1.8030 | +0.111% | $1.1M | $298K | 75x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8013 | +0.018% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8002 | −0.045% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0357% | 1h | 1.8051 | +0.229% | $3.1M | $708K | 50x | as long as short |
Gate 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
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD