Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.025%
Price spread now: Kraken Futures against Binance+0.090%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$560.565% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)+0.394%+$39 · spread now +0.090%, 7d avg +0.096%
=The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ATOMUSDT | 1.8036 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $21.5M | $30.3M | 75x |
| Short | Kraken Futures PF_ATOMUSD | 1.8052 | 0.0204 | get 0.0025% / 1h | 51m 49s | $3.1M | $672K | 50x |
Binance ATOMUSDT
Kraken Futures PF_ATOMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $21.79
- Price spread: +0.090% → +0.096%
- −$0.63
- Slippage, 4 orders
- −$36.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$35.31
- Costs to cover
- 0.565%
- Break-even
- 18.3 days
Slippage from Binance: live order book, 5 min ago; Kraken Futures: live order book, 2 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 Binance live order book, 5 min ago | 2.77 bp | 7.8 bp −$8 | 17.6 bp −$176 | 119.5 bp −$12.0K | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.54 bp | 17.9 bp −$18 | 60.8 bp −$608 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0304% | 1h | 1.8042 | +0.036% | $496 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0095% | 8h | 1.8020 | −0.086% | $15.1M | $10.5M | 75x | as long as short |
| Variational Omni ATOM | −0.0067% | 8h | 1.8025 | −0.059% | $575K | $18K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0013% | 8h | 1.8020 | −0.086% | $5.2M | $5.0M | 50x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8020 | −0.086% | $25K | $11K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8050 | +0.079% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8049 | +0.073% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0070% | 8h | 1.8016 | −0.108% | $6.6M | $2.6M | 75x | as long as short |
| BloFin ATOM-USDT | +0.0088% | 8h | 1.8060 | +0.135% | $1.1M | $325K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8032 | −0.020% | $2.8M | $982K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bitget ATOMUSDT
BloFin ATOM-USDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8043 | +0.040% | $982K | $238K | 20x | as long as short |
| Binance ATOMUSDTlong | +0.0100% | 8h | 1.8036 | long leg | $21.5M | $30.3M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.031% | $2.5M | $827K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.031% | $9.0M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | +0.080% | $1.6M | $812K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | +0.025% | — | $25.0M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8077 | +0.232% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8070 | +0.191% | $763K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8025 | −0.059% | $307K | $183K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8020 | −0.086% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8033 | −0.014% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8110 | +0.413% | $661 | $117K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8051 | +0.085% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0204% | 1h | 1.8052 | +0.090% | $3.1M | $672K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8024 | −0.066% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP