Funding you earn now, next payment 10:00 UTC+0.1318%/8h= +144.3% APRpaid last 24h +0.347%
Price spread now: GMX against Bybit+0.136%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and GMX is 0.136% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | 1.7694 | 0.0022 | pay 0.0022% / 8h | 6h 20m | $14.9M | $9.7M | 75x |
| Short | GMX ATOM/USD [ETH-USDC] | 1.7718 | L +0.0197% / S −0.1340% | get 0.0168% / 1h | 20m 41s | $2K | — | 120x |
Bybit ATOMUSDT
GMX ATOM/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $276.74
- Price spread: +0.136% → 0.000%
- $13.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $267.38
- Costs to cover
- 0.230%
- Break-even
- 0.2 days
Slippage unknown: Bybit: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.
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, 6 min ago | 2.83 bp | 13.0 bp −$13 | 28.2 bp −$282 | 227.7 bp −$22.8K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ATOM on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATOMUSD | −0.0182% | 1h | 1.7732 | +0.215% | $2.9M | $765K | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0145% | 1h | 1.7712 | +0.102% | $487 | — | 25x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0136% | 1h | 1.7830 | +0.769% | $25K | $5K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7726 | +0.183% | $64K | $7K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7715 | +0.118% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDTlong | +0.0022% | 8h | 1.7694 | long leg | $14.9M | $9.7M | 75x | |
| Variational Omni ATOM | +0.0088% | 8h | 1.7701 | +0.042% | $562K | $83K | — | as long as short |
| BloFin ATOM-USDT | +0.0099% | 8h | 1.7690 | −0.023% | $1.1M | $347K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0099% | 1h | 1.7720 | +0.147% | $646 | $290K | 12x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7692 | −0.011% | $3.1M | $802K | 5x | as long as short |
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
BloFin ATOM-USDT
Injective ATOM/USDC PERP
Hyperliquid ATOMShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.7713 | +0.110% | $962K | $137K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7691 | −0.015% | $21.1M | $31.3M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7680 | −0.079% | $5.0M | $5.9M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7710 | +0.090% | $2.4M | $712K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7690 | −0.023% | $7.5M | $5.3M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7710 | +0.090% | $1.5M | $645K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7689 | −0.028% | $6.6M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7690 | −0.023% | — | $43.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7702 | +0.045% | $436K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7700 | +0.034% | $755K | $2.5M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7714 | +0.113% | $309K | $147K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7710 | +0.090% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7688 | −0.033% | $6K | $275K | 10x | as long as short |
| GMX ATOM/USD [ETH-USDC]short | L +0.0197% / S −0.1340% | 1h | 1.7718 | +0.136% | $2K | — | 120x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7703 | +0.052% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
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
Reya ATOMRUSDPERP