Settings8H · net · $10k
Funding arb · Price arb /

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.023%
Price spread now: Injective against Aster+0.475%107s7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1301.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.475%, 7d avg +0.112%
Together, before fees+0.370%+ Points / potential airdropAster: Stage 5 · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Injective is 0.363% dearer against Aster than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.112%. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ATOMUSDT1.80340.0100pay 0.0100% / 8h4h 57m$977K$239K20x
ShortInjective ATOM/USDC PERP1.81200.0116get 0.0015% / 1h57m 37s$661$290K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$3.4
Price spread: +0.475% → +0.112%
$36.33
Slippage, 4 orders
−$122.02
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$90.31
Costs to cover
1.300%
Break-even
192.7 days
Slippage from Aster: live order book, 65 min ago; Injective: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 65 min ago16.69 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Injective live order book, 51 min ago36.20 bp36.2 bp −$36doesn't fitdoesn't fitdoesn't fit

ATOM on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ATOM-PERP-INTX−0.0312%1h1.7940−0.523%$25K$6K25xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0249%1h1.8044+0.054%$496$10K25xas long as short
Variational Omni ATOM−0.0072%8h1.8051+0.094%$577K$74Kas long as short
Bybit ATOMUSDT−0.0034%8h1.8020−0.079%$15.0M$9.9M75xas long as short
OKX ATOM-USDT-SWAP−0.0027%8h1.8010−0.135%$5.0M$5.5M50xas long as short
dYdX ATOM-USD0.0000%1h1.8038+0.020%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8056+0.122%$802150xas long as short
Hyperliquid ATOM+0.0100%1h1.8020−0.079%$2.8M$745K5xas long as short
Aster ATOMUSDTlong+0.0100%8h1.8034long leg$977K$239K20x
Binance ATOMUSDT+0.0100%8h1.8036+0.011%$21.4M$29.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ATOM_USDT+0.0100%8h1.8040+0.032%$2.5M$807K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8010−0.135%$8.5M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8030−0.024%$1.6M$677K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8029−0.029%$6.8M$2.6M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8010−0.135%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8065+0.172%$444K$296K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8058+0.130%$763K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8044+0.054%$314K$180K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8040+0.032%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8016−0.104%$5K$204K10xas long as short
BloFin ATOM-USDT+0.0107%8h1.8090+0.309%$1.1M$298K75xas long as short
Injective ATOM/USDC PERPshort+0.0116%1h1.8120+0.475%$661$290K12x
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8052+0.099%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8046+0.068%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0356%1h1.8065+0.170%$3.1M$719K50xas long as short