Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against OKX+0.033%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$580.581% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.033%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.021% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATOM-USDT-SWAP | 1.8100 | 0.0045 | pay 0.0045% / 8h | 3h 59m | $5.0M | $5.6M | 50x |
| Short | Bitget ATOMUSDT | 1.8106 | 0.0100 | get 0.0100% / 8h | 3h 59m | $6.8M | $2.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $11.64
- Price spread: +0.033% → +0.012%
- $2.07
- Slippage, 4 orders
- −$36.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.36
- Costs to cover
- 0.581%
- Break-even
- 33.7 days
Slippage from OKX: live order book, 3 min ago; Bitget: 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 OKX live order book, 3 min ago | 2.77 bp | 12.7 bp −$13 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.04 bp | 17.1 bp −$17 | 41.4 bp −$414 | 137.0 bp −$13.7K | 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 | −0.0312% | 1h | 1.8040 | −0.331% | $25K | $4K | 25x | as long as short |
| Variational Omni ATOM | −0.0042% | 8h | 1.8082 | −0.100% | $578K | $74K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8117 | +0.091% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8119 | +0.105% | $498 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8110 | +0.054% | $804 | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0031% | 8h | 1.8100 | 0.000% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAPlong | +0.0045% | 8h | 1.8100 | long leg | $5.0M | $5.6M | 50x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8116 | +0.088% | $2.8M | $697K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8093 | −0.039% | $981K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8110 | +0.055% | $21.5M | $29.9M | 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 | 1.8110 | +0.055% | $2.5M | $795K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8100 | 0.000% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8120 | +0.110% | $1.6M | $673K | 50x | as long as short |
| Bitget ATOMUSDTshort | +0.0100% | 8h | 1.8106 | +0.033% | $6.8M | $2.6M | 75x | |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8110 | +0.055% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8091 | −0.050% | $445K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8070 | −0.166% | $773K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8084 | −0.088% | $315K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8110 | +0.055% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8095 | −0.029% | $5K | $200K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0116% | 8h | 1.8110 | +0.055% | $1.1M | $300K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8100 | 0.000% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8114 | +0.079% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8097 | −0.016% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0355% | 1h | 1.8125 | +0.140% | $3.1M | $704K | 50x | as long as short |
OKX ATOM-USDT-SWAP
Bitget ATOMUSDT
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD