Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit+0.155%72s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$640.636% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.435%+$44 · spread now +0.155%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.100% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 72 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 | Bybit ATOMUSDT | 1.8082 | −0.0084 | get 0.0084% / 8h | 5h 32m | $15.1M | $10.0M | 75x |
| Short | BloFin ATOM-USDT | 1.8110 | 0.0087 | get 0.0087% / 8h | 5h 32m | $1.1M | $315K | 75x |
Bybit ATOMUSDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $35.9
- Price spread: +0.155% → +0.054%
- $10.05
- Slippage, 4 orders
- −$40.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.64
- Costs to cover
- 0.636%
- Break-even
- 10.4 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 8 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, 1 min ago | 2.77 bp | 13.7 bp −$14 | 31.1 bp −$311 | 249.6 bp −$25.0K | doesn't fit |
| Sell BloFin live order book, 8 min ago | 8.34 bp | 17.1 bp −$17 | 23.8 bp −$238 | 65.3 bp −$6,533 | 194.1 bp −$97.0K |
ATOM on 24 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 | −0.0224% | 1h | 1.7940 | −0.785% | $25K | $6K | 25x | as long as short |
| Variational Omni ATOM | −0.0095% | 8h | 1.8021 | −0.335% | $575K | $74K | — | as long as short |
| Bybit ATOMUSDTlong | −0.0084% | 8h | 1.8082 | long leg | $15.1M | $10.0M | 75x | |
| OKX ATOM-USDT-SWAP | −0.0068% | 8h | 1.8070 | −0.066% | $5.1M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8096 | +0.080% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8088 | +0.033% | $497 | $10K | 25x | as long as short |
| BloFin ATOM-USDTshort | +0.0087% | 8h | 1.8110 | +0.155% | $1.1M | $315K | 75x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8085 | +0.017% | $2.8M | $755K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8078 | −0.021% | $980K | $239K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.044% | $21.5M | $30.0M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | +0.044% | $2.5M | $825K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.011% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | +0.100% | $1.6M | $687K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8085 | +0.017% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | +0.044% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8052 | −0.168% | $444K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8050 | −0.177% | $763K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8075 | −0.039% | $315K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | +0.044% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8088 | +0.033% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0123% | 1h | 1.8106 | +0.134% | $3.1M | $705K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8090 | +0.044% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8091 | +0.052% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8075 | −0.037% | $2K | — | 25x | 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
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP