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: MEXC against BloFin−0.111%349s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as 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−$480.477% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now −0.111%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.027%). Swap the legs. The two prices were read 349 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 | 1.8060 | 0.0125 | pay 0.0125% / 8h | 6h 43m | $1.1M | $324K | 75x |
| Short | MEXC ATOM_USDT | 1.8040 | 0.0100 | get 0.0100% / 8h | 6h 43m | $8.6M | $3.1M | 200x |
BloFin ATOM-USDT
MEXC ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.24
- Price spread: −0.111% → −0.027%
- −$8.33
- Slippage, 4 orders
- −$35.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$61.3
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; MEXC: live order book, 10 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, 9 min ago | 8.32 bp | 14.3 bp −$14 | 22.6 bp −$226 | 92.3 bp −$9,229 | doesn't fit |
| Sell MEXC live order book, 10 min ago | 2.77 bp | 7.1 bp −$7 | 14.1 bp −$141 | 90.1 bp −$9,006 | 168.5 bp −$84.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0217% | 8h | 1.8022 | −0.210% | $15.1M | $10.9M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0100% | 8h | 1.8020 | −0.221% | $5.1M | $5.7M | 50x | as long as short |
| Variational Omni ATOM | −0.0085% | 8h | 1.8002 | −0.320% | $576K | $76K | — | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0010% | 1h | 1.8069 | +0.049% | $3.1M | $700K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8049 | −0.059% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8049 | −0.061% | $496 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8045 | −0.081% | $12K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.664% | $25K | $12K | 25x | as long as short |
| Phemex ATOMUSDT | +0.0026% | 8h | 1.8050 | −0.055% | $1.6M | $1.9M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8036 | −0.133% | $2.8M | $855K | 5x | as long as short |
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
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 | 1.8021 | −0.217% | $977K | $245K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8054 | −0.032% | $21.4M | $31.7M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8050 | −0.055% | $2.5M | $818K | 75x | as long as short |
| MEXC ATOM_USDTshort | +0.0100% | 8h | 1.8040 | −0.111% | $8.6M | $3.1M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | −0.055% | $1.6M | $773K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8048 | −0.066% | $6.8M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | −0.111% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8028 | −0.176% | $444K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8010 | −0.276% | $770K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8025 | −0.194% | $313K | $181K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8054 | −0.032% | $9K | $207K | 10x | as long as short |
| BloFin ATOM-USDTlong | +0.0125% | 8h | 1.8060 | long leg | $1.1M | $324K | 75x | |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8050 | −0.055% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8035 | −0.136% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8027 | −0.181% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP