Funding you earn now, next payment 16:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against OKX−0.112%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$520.523% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)+0.821%+$82 · spread now −0.112%, 7d avg +0.089%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.201% cheaper against OKX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.089%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATOM-USDT-SWAP | 1.7900 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $5.1M | $6.0M | 50x |
| Short | BloFin ATOM-USDT | 1.7880 | 0.0073 | get 0.0073% / 8h | 7h 00m | $935K | $350K | 75x |
OKX ATOM-USDT-SWAP
BloFin ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.73
- Price spread: −0.112% → +0.089%
- −$20.05
- Slippage, 4 orders
- −$30.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.05
- Costs to cover
- 0.523%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 46 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, 2 min ago | 2.79 bp | 9.5 bp −$9 | 43.1 bp −$431 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 5.63 bp | 14.7 bp −$15 | 24.4 bp −$244 | 73.2 bp −$7,325 | 217.9 bp −$108.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATOMUSD | −0.0263% | 1h | 1.7914 | +0.078% | $2.9M | $780K | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0253% | 1h | 1.7901 | +0.006% | $492 | — | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7907 | +0.039% | $65K | $7K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7905 | +0.028% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0016% | 1h | 1.7700 | −1.117% | $24K | $4K | 25x | as long as short |
| BloFin ATOM-USDTshort | +0.0073% | 8h | 1.7880 | −0.112% | $935K | $350K | 75x | |
| Phemex ATOMUSDT | +0.0086% | 8h | 1.7900 | 0.000% | $1.6M | $1.9M | 50x | as long as short |
| Hyperliquid ATOM | +0.0087% | 1h | 1.7887 | −0.073% | $3.1M | $844K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7883 | −0.093% | $972K | $132K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7900 | 0.000% | $21.4M | $31.8M | 75x | as long as short |
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Phemex ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7900 | 0.000% | $15.1M | $10.1M | 75x | as long as short |
| OKX ATOM-USDT-SWAPlong | +0.0100% | 8h | 1.7900 | long leg | $5.1M | $6.0M | 50x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7910 | +0.056% | $2.4M | $789K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7890 | −0.056% | $8.3M | $5.3M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7900 | 0.000% | $1.5M | $667K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7898 | −0.011% | $6.6M | $3.0M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7900 | 0.000% | — | $7.3M | — | as long as short |
| Variational Omni ATOM | +0.0100% | 8h | 1.7882 | −0.102% | $568K | $84K | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7889 | −0.061% | $440K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7888 | −0.068% | $763K | $2.6M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7895 | −0.028% | $312K | $149K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7895 | −0.028% | $7K | $275K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.7920 | +0.112% | $654 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7905 | +0.026% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7892 | −0.046% | $2K | — | 25x | as long as short |
Bybit ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
Variational Omni ATOM
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP