Funding you earn now, next payment 16:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Phemex against Variational Omni+0.049%7-day average +0.103% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.437%+$44 · spread now +0.049%, 7d avg +0.103%
=Together, before fees+0.464%+ Points / potential airdropVariational Omni: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phemex is 0.054% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.103%). If the spread goes back, that is −$5 on $10k: about 15 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ATOM | 1.7701 | 0.0088 | pay 0.0088% / 8h | 6h 20m | $562K | $83K | — |
| Short | Phemex ATOMUSDT | 1.7710 | 0.0100 | get 0.0100% / 8h | 6h 20m | $1.5M | $1.9M | 50x |
Variational Omni ATOM
Phemex ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. 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
- $2.56
- Price spread: +0.049% → +0.103%
- −$5.43
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.87
- Costs to cover
- 0.120%
- Break-even
- 47.6 days
Slippage unknown: Variational Omni: RFQ quote, 31 min ago; Phemex: live order book, 6 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 31 min ago | 5.55 bp | doesn't fit | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 5.65 bp | 19.6 bp −$20 | 44.7 bp −$447 | 122.3 bp −$12.2K | doesn't fit |
ATOM on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATOMUSD | −0.0182% | 1h | 1.7732 | +0.173% | $2.9M | $765K | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0145% | 1h | 1.7712 | +0.060% | $487 | — | 25x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0136% | 1h | 1.7830 | +0.727% | $25K | $5K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7726 | +0.142% | $64K | $7K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7715 | +0.076% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0022% | 8h | 1.7694 | −0.042% | $14.9M | $9.7M | 75x | as long as short |
| Variational Omni ATOMlong | +0.0088% | 8h | 1.7701 | long leg | $562K | $83K | — | |
| BloFin ATOM-USDT | +0.0099% | 8h | 1.7690 | −0.064% | $1.1M | $347K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0099% | 1h | 1.7720 | +0.105% | $646 | $290K | 12x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7692 | −0.053% | $3.1M | $802K | 5x | as long as short |
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
BloFin ATOM-USDT
Injective ATOM/USDC PERP
Hyperliquid ATOMShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.7713 | +0.068% | $962K | $137K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7691 | −0.057% | $21.1M | $31.3M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7680 | −0.121% | $5.0M | $5.9M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7710 | +0.049% | $2.4M | $712K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7690 | −0.064% | $7.5M | $5.3M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7710 | +0.049% | $1.5M | $645K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7689 | −0.070% | $6.6M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7690 | −0.064% | — | $43.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7702 | +0.003% | $436K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7700 | −0.008% | $755K | $2.5M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7714 | +0.071% | $309K | $147K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7710 | +0.049% | $1.5M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7688 | −0.075% | $6K | $275K | 10x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7718 | +0.095% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7703 | +0.010% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP