Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1317%/8h= +144.2% APRpaid last 24h +0.182%

Price spread now: GMX against Binance+0.043%7-day average — · you sell dearer than you buy

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

Long on Binance 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—needs both histories

Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and GMX is 0.043% dearer against Binance than usual: you sell high and buy low: +$4 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	Binance ATOMUSDT	1.8090	0.0100	pay 0.0100% / 8h	7h 20m	$21.5M	$31.3M	75x
Short	GMX ATOM/USD [ETH-USDC]	1.8098	L +0.0198% / S −0.1417%	get 0.0177% / 1h	20m 23s	$3K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Binance. 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 BinancebpFee GMXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $276.47
Price spread: +0.043% → 0.000%: $4.34
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $258.81
Costs to cover: 0.220%
Break-even: 0.4 days

Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago	2.76 bp	12.8 bp −$13	24.4 bp −$244	132.0 bp −$13.2K	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
Bybit ATOMUSDT	−0.0084%	8h	1.8080	−0.055%	$15.1M	$10.7M	75x	as long as short
OKX ATOM-USDT-SWAP	−0.0067%	8h	1.8080	−0.055%	$5.1M	$5.5M	50x	as long as short
Variational Omni ATOM	−0.0062%	8h	1.8052	−0.210%	$577K	$79K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8087	−0.016%	$63K	$4K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.8095	+0.028%	$497	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.8096	+0.034%	$1K	—	150x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0080%	1h	1.8080	−0.055%	$25K	$12K	25x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8085	−0.028%	$2.8M	$848K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8079	−0.063%	$984K	$226K	20x	as long as short
Binance ATOMUSDTlong	+0.0100%	8h	1.8090	long leg	$21.5M	$31.3M	75x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ATOM_USDT	+0.0100%	8h	1.8080	−0.055%	$2.5M	$852K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8080	−0.055%	$9.1M	$3.0M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8100	+0.055%	$1.6M	$793K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8082	−0.044%	$6.8M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8090	0.000%	—	$24.7M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8102	+0.067%	$445K	$294K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8100	+0.056%	$768K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8075	−0.083%	$310K	$174K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8100	+0.055%	$1.6M	$1.9M	50x	as long as short
BloFin ATOM-USDT	+0.0101%	8h	1.8070	−0.111%	$1.1M	$324K	75x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8095	+0.028%	$5K	$219K	10x	as long as short
Kraken Futures PF_ATOMUSD	+0.0121%	1h	1.8115	+0.136%	$3.1M	$695K	50x	as long as short
Injective ATOM/USDC PERP	+0.0132%	1h	1.8110	+0.111%	$661	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]short	L +0.0198% / S −0.1417%	1h	1.8098	+0.043%	$3K	—	120x
Reya ATOMRUSDPERP	+0.0228%	1h	1.8076	−0.077%	$2K	—	25x	as long as short