Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.072%
Price spread now: Bybit against Reya−0.037%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.037% cheaper against Reya than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Reya ATOMRUSDPERP | 1.7737 | 0.0228 | pay 0.0029% / 1h | 1m 43s | $2K | — | 25x |
| Short | Bybit ATOMUSDT | 1.7730 | 0.0100 | get 0.0100% / 8h | 3h 01m | $14.7M | $9.8M | 75x |
Reya ATOMRUSDPERP
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Reya. 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
- −$26.93
- Price spread: −0.037% → 0.000%
- −$3.73
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$47.66
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 2.82 bp | 14.9 bp −$15 | 36.1 bp −$361 | 97.4 bp −$9,742 | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +1.710% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0201% | 1h | 1.7746 | +0.053% | $488 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7747 | +0.058% | $62K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7756 | +0.109% | $788 | — | 150x | as long as short |
| Variational Omni ATOM | +0.0035% | 8h | 1.7782 | +0.255% | $564K | $78K | — | as long as short |
| BloFin ATOM-USDT | +0.0073% | 8h | 1.7770 | +0.188% | $1.1M | $335K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7741 | +0.025% | $2.8M | $715K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7750 | +0.075% | $962K | $216K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7740 | +0.020% | $21.1M | $30.1M | 75x | as long as short |
| Bybit ATOMUSDTshort | +0.0100% | 8h | 1.7730 | −0.037% | $14.7M | $9.8M | 75x |
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance 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 | 1.7730 | −0.037% | $4.9M | $5.6M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7720 | −0.094% | $2.4M | $818K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7740 | +0.019% | $7.8M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7740 | +0.019% | $1.6M | $666K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7730 | −0.037% | $6.6M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7730 | −0.037% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7781 | +0.249% | $437K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7790 | +0.301% | $754K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7743 | +0.036% | $309K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7760 | +0.132% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7735 | −0.009% | $6K | $231K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0146% | 1h | 1.7790 | +0.301% | $649 | $290K | 12x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0168% | 1h | 1.7758 | +0.120% | $3.0M | $825K | 50x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7751 | +0.083% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERPlong | +0.0228% | 1h | 1.7737 | long leg | $2K | — | 25x |
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
Kraken Futures PF_ATOMUSD
GMX ATOM/USD [ETH-USDC]