Funding you earn now, next payment 22:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.018%
Price spread now: BingX against GMX−0.045%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.045% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ATOM/USD [ETH-USDC] | 1.8168 | L +0.0199% / S −0.1495% | pay 0.0025% / 1h | 23m 50s | $3K | — | 120x |
| Short | BingX ATOM-USDT | 1.8160 | 0.0100 | get 0.0100% / 8h | 2h 23m | — | $24.7M | — |
GMX ATOM/USD [ETH-USDC]
BingX ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- −$20.72
- Price spread: −0.045% → 0.000%
- −$4.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$47.17
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 10 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 8.27 bp | 18.7 bp −$19 | 32.1 bp −$321 | 83.6 bp −$8,361 | 302.3 bp −$151.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0190% | 1h | 1.8165 | −0.017% | $499 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0046% | 8h | 1.8140 | −0.155% | $5.3M | $5.0M | 50x | as long as short |
| Variational Omni ATOM | −0.0038% | 8h | 1.8174 | +0.035% | $580K | $18K | — | as long as short |
| Bybit ATOMUSDT | −0.0028% | 8h | 1.8152 | −0.089% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.121% | $26K | $12K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8170 | +0.009% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8171 | +0.016% | $9K | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0070% | 8h | 1.8170 | +0.011% | $1.1M | $327K | 75x | as long as short |
| Bitget ATOMUSDT | +0.0083% | 8h | 1.8153 | −0.083% | $6.7M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8163 | −0.028% | $2.8M | $923K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Bitget ATOMUSDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8172 | +0.024% | $989K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8167 | −0.008% | $21.7M | $30.3M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8160 | −0.045% | $2.5M | $831K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8180 | +0.066% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8180 | +0.066% | $1.6M | $820K | 50x | as long as short |
| BingX ATOM-USDTshort | +0.0100% | 8h | 1.8160 | −0.045% | — | $24.7M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8172 | +0.020% | $447K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8167 | −0.008% | $775K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8165 | −0.017% | $310K | $184K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8170 | +0.011% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8165 | −0.015% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8180 | +0.066% | $663 | $174K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC]long | L +0.0199% / S −0.1495% | 1h | 1.8168 | long leg | $3K | — | 120x | |
| Kraken Futures PF_ATOMUSD | +0.0202% | 1h | 1.8184 | +0.085% | $3.1M | $668K | 50x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8148 | −0.111% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
Kraken Futures PF_ATOMUSD
Reya ATOMRUSDPERP