Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.30 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.055%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)+0.098%+$10 · spread now +0.055%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.060% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ATOMUSDT | 1.8140 | 0.0100 | pay 0.0100% / 8h | 48m 38s | $21.6M | $30.8M | 75x |
| Short | BloFin ATOM-USDT | 1.8150 | 0.0130 | get 0.0130% / 8h | 48m 38s | $1.1M | $338K | 75x |
Binance ATOMUSDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $6.2
- Price spread: +0.055% → −0.004%
- $5.96
- Slippage, 4 orders
- −$27.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.52
- Costs to cover
- 0.497%
- Break-even
- 49.4 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 4 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 Binance live order book, 8 min ago | 2.74 bp | 11.7 bp −$12 | 24.6 bp −$246 | 131.9 bp −$13.2K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 8.26 bp | 14.3 bp −$14 | 14.8 bp −$148 | 66.3 bp −$6,629 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | −0.0082% | 8h | 1.8110 | −0.165% | $5.2M | $5.4M | 50x | as long as short |
| Variational Omni ATOM | −0.0005% | 8h | 1.8133 | −0.040% | $580K | $81K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8147 | +0.037% | $63K | $3K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8135 | −0.028% | $499 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8147 | +0.038% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0003% | 8h | 1.8114 | −0.143% | $15.2M | $10.6M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.055% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8135 | −0.028% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8150 | +0.053% | $987K | $235K | 20x | as long as short |
| Binance ATOMUSDTlong | +0.0100% | 8h | 1.8140 | long leg | $21.6M | $30.8M | 75x |
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8140 | 0.000% | $2.5M | $842K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8130 | −0.055% | $9.3M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8150 | +0.055% | $1.6M | $832K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8133 | −0.039% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8130 | −0.055% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8156 | +0.087% | $447K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8160 | +0.110% | $775K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8130 | −0.055% | $310K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8140 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8139 | −0.005% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDTshort | +0.0130% | 8h | 1.8150 | +0.055% | $1.1M | $338K | 75x | |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8160 | +0.110% | $662 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8142 | +0.009% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8129 | −0.063% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0243% | 1h | 1.8160 | +0.113% | $3.1M | $674K | 50x | as long as short |
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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Kraken Futures PF_ATOMUSD