Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.030%
Price spread now: Injective against OKX+0.340%108s7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1001.002% of the position
Funding, last 7 days+0.564%+$56 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now +0.340%, 7d avg +0.145%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.195% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.145%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATOM-USDT-SWAP | 1.7650 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $4.9M | $6.0M | 50x |
| Short | Injective ATOM/USDC PERP | 1.7710 | 0.0118 | get 0.0015% / 1h | 33m 30s | $646 | $290K | 12x |
OKX ATOM-USDT-SWAP
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $3.79
- Price spread: +0.340% → +0.145%
- $19.5
- Slippage, 4 orders
- −$90.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$76.9
- Costs to cover
- 1.002%
- Break-even
- 148.9 days
Slippage from OKX: live order book, 4 min ago; Injective: live order book, 61 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, 4 min ago | 2.83 bp | 13.0 bp −$13 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell Injective live order book, 61 min ago | 36.80 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0203% | 1h | 1.7638 | −0.068% | $485 | $10K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0007% | 1h | 1.7652 | +0.009% | $2.9M | $865K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7657 | +0.040% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7656 | +0.035% | $784 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0064% | 1h | 1.7700 | +0.283% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0088% | 8h | 1.7642 | −0.046% | $561K | $84K | — | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7638 | −0.068% | $3.0M | $960K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7650 | 0.000% | $959K | $183K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7660 | +0.058% | $21.1M | $33.5M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7640 | −0.057% | $14.7M | $10.7M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Kraken Futures PF_ATOMUSD
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAPlong | +0.0100% | 8h | 1.7650 | long leg | $4.9M | $6.0M | 50x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7640 | −0.057% | $2.4M | $863K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7640 | −0.057% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7650 | 0.000% | $1.5M | $727K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7663 | +0.074% | $6.6M | $3.4M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7660 | +0.057% | — | $3.9M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7700 | +0.281% | $435K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7708 | +0.327% | $758K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7633 | −0.096% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7640 | −0.057% | $1.5M | $2.0M | 50x | as long as short |
| BloFin ATOM-USDT | +0.0101% | 8h | 1.7670 | +0.113% | $925K | $353K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7645 | −0.026% | $7K | $274K | 10x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0118% | 1h | 1.7710 | +0.340% | $646 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7640 | −0.059% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7644 | −0.031% | $2K | — | 25x | as long as short |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
BloFin ATOM-USDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP