Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Gate against Phemex0.000%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now 0.000%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.037% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ATOMUSDT | 1.7640 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $1.5M | $2.0M | 50x |
| Short | Gate ATOM_USDT | 1.7640 | 0.0100 | get 0.0100% / 8h | 1h 35m | $2.4M | $862K | 75x |
Phemex ATOMUSDT
Gate ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: 0.000% → −0.037%
- $3.72
- Slippage, 4 orders
- −$76.91
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$100.19
- Costs to cover
- 1.039%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Gate: live order book, 3 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 Phemex live order book, 3 min ago | 2.82 bp | 17.5 bp −$18 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.65 bp | 34.0 bp −$34 | 102.1 bp −$1,021 | 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 | −0.0147% | 1h | 1.7638 | −0.011% | $485 | $10K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | −0.0007% | 1h | 1.7650 | +0.055% | $2.9M | $865K | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7656 | +0.093% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7654 | +0.079% | $784 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0064% | 1h | 1.7700 | +0.340% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0088% | 8h | 1.7642 | +0.011% | $561K | $84K | — | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7626 | −0.079% | $3.0M | $952K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7654 | +0.077% | $959K | $183K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7633 | −0.042% | $21.1M | $33.5M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7630 | −0.057% | $14.7M | $10.6M | 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-SWAP | +0.0100% | 8h | 1.7630 | −0.057% | $4.9M | $6.0M | 50x | as long as short |
| Gate ATOM_USDTshort | +0.0100% | 8h | 1.7640 | 0.000% | $2.4M | $862K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7620 | −0.113% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7640 | 0.000% | $1.5M | $727K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7643 | +0.017% | $6.6M | $3.4M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7640 | 0.000% | — | $3.9M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7700 | +0.338% | $435K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7708 | +0.384% | $758K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7635 | −0.028% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDTlong | +0.0100% | 8h | 1.7640 | long leg | $1.5M | $2.0M | 50x | |
| BloFin ATOM-USDT | +0.0101% | 8h | 1.7670 | +0.170% | $925K | $353K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7636 | −0.023% | $7K | $274K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0118% | 1h | 1.7710 | +0.397% | $646 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7640 | −0.002% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7627 | −0.072% | $2K | — | 25x | as long as short |
OKX ATOM-USDT-SWAP
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
BloFin ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP