Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Gate−0.167%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.816%+$82 · spread now −0.167%, 7d avg +0.058%
=Funding pays, the price is against you. BloFin is 0.225% cheaper against Gate than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of +0.058%). If the spread goes back, that is −$22 on $10k: about 35 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.8010 | 0.0100 | pay 0.0100% / 8h | 5h 38m | $2.5M | $821K | 75x |
| Short | BloFin ATOM-USDT | 1.7980 | 0.0122 | get 0.0122% / 8h | 5h 38m | $1.1M | $308K | 75x |
Gate ATOM_USDT
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $4.55
- Price spread: −0.167% → +0.058%
- −$22.48
- Slippage, 4 orders
- −$73.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$118.67
- Costs to cover
- 1.007%
- Break-even
- 189.7 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 1 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 Gate live order book, 4 min ago | 5.55 bp | 36.6 bp −$37 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 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 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 | −0.389% | $25K | $6K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0128% | 8h | 1.7982 | −0.155% | $15.0M | $10.0M | 75x | as long as short |
| Variational Omni ATOM | −0.0105% | 8h | 1.8006 | −0.019% | $576K | $74K | — | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0083% | 1h | 1.7988 | −0.122% | $494 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0082% | 8h | 1.7980 | −0.167% | $5.1M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7996 | −0.076% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7995 | −0.082% | $799 | — | 150x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8001 | −0.050% | $2.8M | $755K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7984 | −0.145% | $975K | $239K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8006 | −0.023% | $21.4M | $30.1M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
Variational Omni ATOM
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
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_USDTlong | +0.0100% | 8h | 1.8010 | long leg | $2.5M | $821K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8000 | −0.056% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8010 | 0.000% | $1.6M | $687K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8000 | −0.056% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | −0.056% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8012 | +0.014% | $443K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | −0.056% | $761K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8005 | −0.028% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7990 | −0.111% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8005 | −0.028% | $7K | $205K | 10x | as long as short |
| BloFin ATOM-USDTshort | +0.0122% | 8h | 1.7980 | −0.167% | $1.1M | $308K | 75x | |
| Kraken Futures PF_ATOMUSD | +0.0123% | 1h | 1.8001 | −0.049% | $3.1M | $694K | 50x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8050 | +0.222% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7989 | −0.118% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7984 | −0.144% | $2K | — | 25x | as long as short |
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