Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Phemex against KuCoin−0.057%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1211.213% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.057%, 7d avg −0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ATOMUSDTM | 1.7470 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $1.5M | $693K | 50x |
| Short | Phemex ATOMUSDT | 1.7460 | 0.0100 | get 0.0100% / 8h | 5h 07m | $1.5M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- $0
- Price spread: −0.057% → −0.043%
- −$1.39
- Slippage, 4 orders
- −$97.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$122.66
- Costs to cover
- 1.213%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Phemex: live order book, 4 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 KuCoin live order book, 6 min ago | 8.61 bp | 31.9 bp −$32 | 119.8 bp −$1,198 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.73 bp | 26.8 bp −$27 | 47.2 bp −$472 | 131.3 bp −$13.1K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ATOM | −0.0413% | 1h | 1.7460 | −0.057% | $3.3M | $965K | 5x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0379% | 1h | 1.7470 | 0.000% | $480 | — | 25x | as long as short |
| Bybit ATOMUSDT | −0.0038% | 8h | 1.7477 | +0.040% | $14.6M | $10.1M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7504 | +0.195% | $66K | $9K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7485 | +0.083% | $9K | — | 150x | as long as short |
| Variational Omni ATOM | +0.0045% | 8h | 1.7461 | −0.054% | $555K | $83K | — | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0061% | 1h | 1.7491 | +0.119% | $2.8M | $775K | 50x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7460 | −0.057% | $948K | $121K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7490 | +0.114% | $20.6M | $34.1M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7470 | 0.000% | $5.0M | $6.0M | 50x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7480 | +0.057% | $2.5M | $877K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7480 | +0.057% | $21.3M | $7.9M | 200x | as long as short |
| KuCoin ATOMUSDTMlong | +0.0100% | 8h | 1.7470 | long leg | $1.5M | $693K | 50x | |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7479 | +0.052% | $6.4M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7490 | +0.114% | — | $43.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7418 | −0.295% | $429K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7482 | +0.069% | $740K | $2.4M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7470 | 0.000% | $305K | $154K | 75x | as long as short |
| Phemex ATOMUSDTshort | +0.0100% | 8h | 1.7460 | −0.057% | $1.5M | $2.0M | 50x | |
| BloFin ATOM-USDT | +0.0104% | 8h | 1.7440 | −0.172% | $1.1M | $331K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7468 | −0.013% | $9K | $272K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0129% | 1h | 1.7490 | +0.114% | $638 | $290K | 12x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0136% | 1h | 1.7420 | −0.286% | $24K | $5K | 25x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7480 | +0.056% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7470 | +0.002% | $2K | — | 25x | as long as short |
KuCoin ATOMUSDTM
Phemex ATOMUSDT
Hyperliquid ATOM
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Kraken Futures PF_ATOMUSD
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
BloFin ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
Coinbase International ATOM-PERP-INTX
GMX ATOM/USD [ETH-USDC]