Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1317%/8h= +144.2% APRpaid last 24h +0.239%

Price spread now: GMX against Aster+0.135%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and GMX is 0.135% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ATOMUSDT	1.8009	0.0100	pay 0.0100% / 8h	4h 32m	$976K	$234K	20x
Short	GMX ATOM/USD [ETH-USDC]	1.8033	L +0.0198% / S −0.1417%	get 0.0177% / 1h	32m 11s	$3K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee GMXbpOrdersPrice spread, now +0.135%Rate

Funding earned: $276.47
Price spread: +0.135% → 0.000%: $13.49
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $269.95
Costs to cover: 0.200%
Break-even: 0.2 days

Slippage unknown: Aster: live order book, 26 min ago; GMX: no order-book sample. 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 Aster live order book, 26 min ago	13.89 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0312%	1h	1.7940	−0.381%	$25K	$4K	25x	as long as short
Variational Omni ATOM	−0.0072%	8h	1.7912	−0.537%	$572K	$74K	—	as long as short
Bybit ATOMUSDT	−0.0018%	8h	1.8040	+0.174%	$15.0M	$9.8M	75x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8017	+0.045%	$63K	$4K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.8042	+0.185%	$496	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.8025	+0.093%	$800	—	150x	as long as short
OKX ATOM-USDT-SWAP	+0.0005%	8h	1.8030	+0.119%	$5.0M	$5.5M	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8052	+0.241%	$2.8M	$751K	5x	as long as short
Aster ATOMUSDTlong	+0.0100%	8h	1.8009	long leg	$976K	$234K	20x
Binance ATOMUSDT	+0.0100%	8h	1.8040	+0.174%	$21.4M	$29.8M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ATOM_USDT	+0.0100%	8h	1.8030	+0.119%	$2.5M	$811K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8040	+0.174%	$8.5M	$3.1M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8050	+0.230%	$1.6M	$670K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8047	+0.213%	$6.8M	$2.6M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8040	+0.174%	—	$24.4M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7956	−0.294%	$442K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7967	−0.233%	$766K	$2.7M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8004	−0.026%	$313K	$176K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8040	+0.174%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8025	+0.090%	$5K	$199K	10x	as long as short
Injective ATOM/USDC PERP	+0.0116%	1h	1.7970	−0.214%	$656	$290K	12x	as long as short
BloFin ATOM-USDT	+0.0130%	8h	1.8040	+0.174%	$1.1M	$298K	75x	as long as short
GMX ATOM/USD [ETH-USDC]short	L +0.0198% / S −0.1417%	1h	1.8033	+0.135%	$3K	—	120x
Reya ATOMRUSDPERP	+0.0228%	1h	1.8016	+0.041%	$2K	—	25x	as long as short
Kraken Futures PF_ATOMUSD	+0.0357%	1h	1.8051	+0.235%	$3.1M	$708K	50x	as long as short