Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRnext payment −$2.34 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against Bitget+0.011%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.011%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.34 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 | Bitget ATOMUSDT | 1.8075 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $6.8M | $2.8M | 75x |
| Short | Bybit ATOMUSDT | 1.8077 | −0.0134 | pay 0.0134% / 8h | 7h 41m | $15.1M | $10.8M | 75x |
Bitget ATOMUSDT
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$49.09
- Price spread: +0.011% → +0.030%
- −$1.85
- Slippage, 4 orders
- −$40.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$114.24
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago | 4.70 bp | 15.7 bp −$16 | 27.7 bp −$277 | 133.7 bp −$13.4K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.77 bp | 14.2 bp −$14 | 33.2 bp −$332 | 100.4 bp −$10.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0192% | 1h | 1.8090 | +0.083% | $497 | $10K | 25x | as long as short |
| Bybit ATOMUSDTshort | −0.0134% | 8h | 1.8077 | +0.011% | $15.1M | $10.8M | 75x | |
| OKX ATOM-USDT-SWAP | −0.0069% | 8h | 1.8060 | −0.083% | $5.1M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0054% | 8h | 1.8062 | −0.071% | $578K | $79K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8096 | +0.117% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8097 | +0.120% | $9K | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0070% | 8h | 1.8090 | +0.083% | $1.1M | $326K | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | +0.028% | $25K | $12K | 25x | as long as short |
| Phemex ATOMUSDT | +0.0093% | 8h | 1.8080 | +0.028% | $1.6M | $1.9M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8080 | +0.028% | $2.8M | $861K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Coinbase International ATOM-PERP-INTX
Phemex ATOMUSDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8092 | +0.096% | $984K | $230K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8080 | +0.028% | $21.5M | $31.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | +0.083% | $2.5M | $851K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | +0.028% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.138% | $1.6M | $794K | 50x | as long as short |
| Bitget ATOMUSDTlong | +0.0100% | 8h | 1.8075 | long leg | $6.8M | $2.8M | 75x | |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | +0.083% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8067 | −0.044% | $444K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8062 | −0.071% | $770K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8071 | −0.022% | $309K | $166K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8086 | +0.060% | $5K | $233K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0121% | 1h | 1.8104 | +0.163% | $3.1M | $696K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8120 | +0.249% | $661 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8095 | +0.113% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8070 | −0.028% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP