Funding you earn now, next payment 23:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.024%
Price spread now: Kraken Futures against BingX+0.192%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)+0.134%+$13 · spread now +0.192%, 7d avg +0.138%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.054% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.8170 | 0.0100 | pay 0.0100% / 8h | 1h 40m | — | $24.7M | — |
| Short | Kraken Futures PF_ATOMUSD | 1.8205 | 0.0099 | get 0.0012% / 1h | 40m 10s | $3.1M | $674K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$0.16
- Price spread: +0.192% → +0.138%
- $5.43
- Slippage, 4 orders
- −$47.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$61.74
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Kraken Futures: live order book, 4 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 BingX live order book, 13 min ago | 5.53 bp | 10.5 bp −$11 | 24.8 bp −$248 | 93.5 bp −$9,349 | 351.2 bp −$175.6K |
| Sell Kraken Futures live order book, 4 min ago | 8.23 bp | 24.4 bp −$24 | 50.5 bp −$505 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | −0.0073% | 8h | 1.8170 | 0.000% | $5.3M | $5.2M | 50x | as long as short |
| Variational Omni ATOM | −0.0002% | 8h | 1.8193 | +0.126% | $582K | $42K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8207 | +0.206% | $64K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8185 | +0.083% | $500 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8187 | +0.092% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0018% | 8h | 1.8170 | 0.000% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | −0.110% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0080% | 8h | 1.8220 | +0.275% | $1.1M | $328K | 75x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0099% | 1h | 1.8205 | +0.192% | $3.1M | $674K | 50x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8178 | +0.044% | $2.8M | $912K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8169 | −0.007% | $989K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8188 | +0.100% | $21.8M | $30.6M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8180 | +0.055% | $2.5M | $841K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8170 | 0.000% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8190 | +0.110% | $1.6M | $835K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8170 | 0.000% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.8170 | long leg | — | $24.7M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8200 | +0.165% | $448K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8170 | +0.002% | $774K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8165 | −0.028% | $311K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8180 | +0.055% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8182 | +0.066% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8240 | +0.385% | $665 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8192 | +0.122% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8163 | −0.039% | $2K | — | 25x | as long as short |
BingX ATOM-USDT
Kraken Futures PF_ATOMUSD
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]