Funding you earn now, next payment 04:00 UTC+0.1723%/8h= +188.6% APRnext payment +$2.15 per $10,000 · paid last 24h +0.331%
Price spread now: GMX against Deribit+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$52 a day on $10k at the current rate, and GMX is 0.105% dearer against Deribit than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ATOM_USDC-PERPETUAL | 1.7986 | −0.0306 | get 0.0038% / 1h | 43m 18s | $494 | $10K | 25x |
| Short | GMX ATOM/USD [ETH-USDC] | 1.8005 | L +0.0198% / S −0.1417% | get 0.0177% / 1h | 43m 18s | $3K | — | 120x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- $361.73
- Price spread: +0.105% → 0.000%
- $10.52
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $353.25
- Costs to cover
- 0.190%
- Break-even
- 0.2 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit and 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 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 | −0.0312% | 1h | 1.7940 | −0.256% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUALlong | −0.0306% | 1h | 1.7986 | long leg | $494 | $10K | 25x | |
| Variational Omni ATOM | −0.0078% | 8h | 1.7972 | −0.080% | $574K | $74K | — | as long as short |
| Bybit ATOMUSDT | −0.0047% | 8h | 1.7998 | +0.067% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0010% | 8h | 1.7970 | −0.089% | $5.0M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8017 | +0.170% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8002 | +0.091% | $800 | — | 150x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8012 | +0.145% | $2.8M | $752K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8003 | +0.093% | $976K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8002 | +0.089% | $21.4M | $29.7M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8020 | +0.189% | $2.5M | $809K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8000 | +0.078% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8030 | +0.245% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8009 | +0.128% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | +0.078% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7987 | +0.006% | $442K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7990 | +0.022% | $760K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8005 | +0.106% | $313K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7990 | +0.022% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7997 | +0.064% | $5K | $199K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8010 | +0.133% | $657 | $290K | 12x | as long as short |
| BloFin ATOM-USDT | +0.0127% | 8h | 1.8000 | +0.078% | $1.1M | $297K | 75x | as long as short |
| GMX ATOM/USD [ETH-USDC]short | L +0.0198% / S −0.1417% | 1h | 1.8005 | +0.105% | $3K | — | 120x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7991 | +0.029% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0358% | 1h | 1.7996 | +0.058% | $3.1M | $708K | 50x | as long as short |
Deribit ATOM_USDC-PERPETUAL
GMX ATOM/USD [ETH-USDC]
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
gTrade (Gains Network) ATOM/USD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
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
Injective ATOM/USDC PERP
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSD