Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Phemex−0.111%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.111%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.035% cheaper against Phemex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ATOMUSDT | 1.7960 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $1.5M | $1.9M | 50x |
| Short | OKX ATOM-USDT-SWAP | 1.7940 | 0.0100 | get 0.0100% / 8h | 3h 27m | $5.0M | $5.6M | 50x |
Phemex ATOMUSDT
OKX ATOM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.111% → −0.076%
- −$3.54
- Slippage, 4 orders
- −$44.27
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.81
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago | 5.57 bp | 20.4 bp −$20 | 38.7 bp −$387 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 2.78 bp | 15.1 bp −$15 | 50.7 bp −$507 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0256% | 1h | 1.8040 | +0.445% | $25K | $4K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7971 | +0.061% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7952 | −0.045% | $494 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7955 | −0.028% | $797 | — | 150x | as long as short |
| Variational Omni ATOM | +0.0004% | 8h | 1.8002 | +0.233% | $575K | $74K | — | as long as short |
| BloFin ATOM-USDT | +0.0099% | 8h | 1.7960 | 0.000% | $1.1M | $308K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7958 | −0.011% | $2.8M | $698K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7960 | −0.001% | $973K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7959 | −0.007% | $21.4M | $30.0M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7938 | −0.122% | $14.8M | $9.7M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
BloFin ATOM-USDT
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-SWAPshort | +0.0100% | 8h | 1.7940 | −0.111% | $5.0M | $5.6M | 50x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7960 | 0.000% | $2.4M | $801K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7950 | −0.056% | $8.3M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7970 | +0.056% | $1.6M | $666K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7955 | −0.028% | $6.9M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7960 | 0.000% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7984 | +0.136% | $442K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7999 | +0.219% | $767K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7954 | −0.033% | $313K | $174K | 75x | as long as short |
| Phemex ATOMUSDTlong | +0.0100% | 8h | 1.7960 | long leg | $1.5M | $1.9M | 50x | |
| Extended ATOM-USD | +0.0104% | 1h | 1.7955 | −0.030% | $7K | $201K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0146% | 1h | 1.7980 | +0.111% | $656 | $290K | 12x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0166% | 1h | 1.7973 | +0.075% | $3.1M | $703K | 50x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7950 | −0.054% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7949 | −0.060% | $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
Extended ATOM-USD
Injective ATOM/USDC PERP
Kraken Futures PF_ATOMUSD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP