Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against Bybit−0.110%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days+0.163%+$16 · spread now −0.110%, 7d avg +0.002%
=Funding pays, the price is against you. BingX is 0.112% cheaper against Bybit than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.002%). If the spread goes back, that is −$11 on $10k: about 5.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8170 | 0.0025 | pay 0.0025% / 8h | 7h 10m | $15.2M | $10.7M | 75x |
| Short | BingX ATOM-USDT | 1.8150 | 0.0100 | get 0.0100% / 8h | 7h 10m | — | $24.7M | — |
Bybit ATOMUSDT
BingX ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $15.8
- Price spread: −0.110% → +0.002%
- −$11.2
- Slippage, 4 orders
- −$31.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$48.13
- Costs to cover
- 0.527%
- Break-even
- 28.3 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 13 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 Bybit live order book, 3 min ago | 2.76 bp | 15.3 bp −$15 | 31.5 bp −$315 | 103.8 bp −$10.4K | doesn't fit |
| Sell BingX live order book, 13 min ago | 5.53 bp | 15.6 bp −$16 | 29.8 bp −$298 | 76.4 bp −$7,643 | 281.7 bp −$140.9K |
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 | −0.0301% | 1h | 1.8133 | −0.204% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0060% | 8h | 1.8160 | −0.055% | $5.2M | $5.6M | 50x | as long as short |
| Variational Omni ATOM | −0.0054% | 8h | 1.8122 | −0.264% | $580K | $78K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8187 | +0.094% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8150 | −0.110% | $1K | — | 150x | as long as short |
| Bybit ATOMUSDTlong | +0.0025% | 8h | 1.8170 | long leg | $15.2M | $10.7M | 75x | |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | −0.495% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8169 | −0.006% | $2.8M | $851K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8155 | −0.082% | $988K | $226K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8180 | +0.055% | $21.6M | $31.3M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
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_USDT | +0.0100% | 8h | 1.8160 | −0.055% | $2.5M | $854K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8180 | +0.055% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8190 | +0.110% | $1.6M | $791K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8178 | +0.044% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDTshort | +0.0100% | 8h | 1.8150 | −0.110% | — | $24.7M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8103 | −0.368% | $445K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8150 | −0.108% | $770K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8118 | −0.286% | $315K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8150 | −0.110% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8176 | +0.033% | $5K | $206K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0113% | 8h | 1.8140 | −0.165% | $1.1M | $325K | 75x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0121% | 1h | 1.8144 | −0.145% | $3.1M | $695K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8170 | 0.000% | $663 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8147 | −0.126% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8132 | −0.211% | $2K | — | 25x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP