Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.2% APRnext payment +$1.02 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against Bybit+0.221%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$970.969% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days−0.136%−$14 · spread now +0.221%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.182% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATOMUSDT | 1.8140 | −0.0002 | get 0.0002% / 8h | 5h 10m | $15.1M | $9.9M | 75x |
| Short | KuCoin ATOMUSDTM | 1.8180 | 0.0100 | get 0.0100% / 8h | 5h 10m | $1.6M | $689K | 50x |
Bybit ATOMUSDT
KuCoin ATOMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21.41
- Price spread: +0.221% → +0.039%
- $18.17
- Slippage, 4 orders
- −$73.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.34
- Costs to cover
- 0.969%
- Break-even
- 25.7 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 6 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 | 2.75 bp | 12.4 bp −$12 | 27.0 bp −$270 | 106.9 bp −$10.7K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.49 bp | 48.7 bp −$49 | 153.3 bp −$1,533 | 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 | −0.0224% | 1h | 1.7940 | −1.103% | $25K | $6K | 25x | as long as short |
| Variational Omni ATOM | −0.0062% | 8h | 1.8146 | +0.036% | $580K | $74K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0038% | 8h | 1.8150 | +0.055% | $5.1M | $5.6M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0025% | 1h | 1.8162 | +0.121% | $499 | $10K | 25x | as long as short |
| Bybit ATOMUSDTlong | −0.0002% | 8h | 1.8140 | long leg | $15.1M | $9.9M | 75x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8196 | +0.311% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8171 | +0.172% | $807 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0098% | 8h | 1.8200 | +0.331% | $1.1M | $302K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8155 | +0.083% | $2.8M | $749K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8179 | +0.212% | $985K | $239K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8160 | +0.110% | $21.6M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8170 | +0.165% | $2.5M | $829K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8130 | −0.055% | $8.6M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTMshort | +0.0100% | 8h | 1.8180 | +0.221% | $1.6M | $689K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8150 | +0.055% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8150 | +0.055% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8211 | +0.392% | $448K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8229 | +0.488% | $779K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8175 | +0.193% | $316K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8160 | +0.110% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8156 | +0.085% | $7K | $205K | 10x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0122% | 1h | 1.8182 | +0.233% | $3.1M | $719K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8190 | +0.276% | $664 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8163 | +0.127% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8146 | +0.032% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
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