Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against BloFin−0.110%93s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as 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−$930.927% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now −0.110%, 7d avg −0.057%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.054% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.057%). Swap the legs. The two prices were read 93 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 | BloFin ATOM-USDT | 1.8130 | 0.0125 | pay 0.0125% / 8h | 3h 57m | $1.1M | $303K | 75x |
| Short | Gate ATOM_USDT | 1.8110 | 0.0100 | get 0.0100% / 8h | 3h 57m | $2.5M | $796K | 75x |
BloFin ATOM-USDT
Gate ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$5.15
- Price spread: −0.110% → −0.057%
- −$5.36
- Slippage, 4 orders
- −$65.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$103.21
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Gate: 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 BloFin live order book, 5 min ago | 2.77 bp | 8.8 bp −$9 | 16.9 bp −$169 | 85.2 bp −$8,524 | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.53 bp | 30.9 bp −$31 | 105.0 bp −$1,050 | 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 | −0.0256% | 1h | 1.8040 | −0.496% | $25K | $4K | 25x | as long as short |
| Variational Omni ATOM | −0.0042% | 8h | 1.8082 | −0.266% | $578K | $74K | — | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0026% | 1h | 1.8119 | −0.061% | $498 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8117 | −0.073% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8110 | −0.108% | $804 | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0038% | 8h | 1.8103 | −0.149% | $15.0M | $9.7M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0047% | 8h | 1.8110 | −0.110% | $5.1M | $5.6M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8123 | −0.039% | $2.8M | $700K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8100 | −0.165% | $981K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8115 | −0.082% | $21.5M | $29.9M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
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_USDTshort | +0.0100% | 8h | 1.8110 | −0.110% | $2.5M | $796K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8120 | −0.055% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8120 | −0.055% | $1.6M | $673K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8124 | −0.033% | $6.9M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8120 | −0.055% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8104 | −0.145% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8100 | −0.166% | $775K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8055 | −0.414% | $314K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8110 | −0.110% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8115 | −0.081% | $5K | $200K | 10x | as long as short |
| BloFin ATOM-USDTlong | +0.0125% | 8h | 1.8130 | long leg | $1.1M | $303K | 75x | |
| Injective ATOM/USDC PERP | +0.0146% | 1h | 1.8120 | −0.055% | $661 | $290K | 12x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0164% | 1h | 1.8137 | +0.041% | $3.1M | $704K | 50x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8118 | −0.067% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8107 | −0.127% | $2K | — | 25x | as long as short |
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
Kraken Futures PF_ATOMUSD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP