Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%

Price spread now: Reya against BingX−0.024%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Reya

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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.024% cheaper against BingX than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ATOM-USDT	1.8190	0.0100	pay 0.0100% / 8h	59m 16s	—	$24.8M	—
Short	Reya ATOMRUSDPERP	1.8186	0.0228	get 0.0029% / 1h	59m 16s	$2K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against BingX. 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 BingXbpFee ReyabpOrdersPrice spread, now −0.024%Rate

Funding earned: $26.93
Price spread: −0.024% → 0.000%: −$2.36
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $8.57
Costs to cover: 0.160%
Break-even: 4.8 days

Slippage unknown: BingX: live order book, 4 min ago; Reya: 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 BingX live order book, 4 min ago	2.75 bp	13.2 bp −$13	25.8 bp −$258	97.9 bp −$9,787	378.1 bp −$189.0K
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
OKX ATOM-USDT-SWAP	−0.0097%	8h	1.8180	−0.055%	$5.2M	$5.4M	50x	as long as short
Deribit ATOM_USDC-PERPETUAL	−0.0080%	1h	1.8201	+0.060%	$500	$10K	25x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8217	+0.150%	$64K	$3K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.8207	+0.093%	$9K	—	150x	as long as short
Variational Omni ATOM	+0.0002%	8h	1.8183	−0.041%	$581K	$81K	—	as long as short
Coinbase International ATOM-PERP-INTX	+0.0008%	1h	1.8150	−0.220%	$25K	$12K	25x	as long as short
Bybit ATOMUSDT	+0.0009%	8h	1.8190	0.000%	$15.3M	$10.6M	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8203	+0.071%	$2.8M	$862K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8200	+0.054%	$990K	$235K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8200	+0.054%	$21.7M	$30.9M	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	1.8200	+0.055%	$2.5M	$842K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8190	0.000%	$9.1M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8200	+0.055%	$1.6M	$833K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8188	−0.011%	$6.9M	$2.8M	75x	as long as short
BingX ATOM-USDTlong	+0.0100%	8h	1.8190	long leg	—	$24.8M	—
edgeX ATOMUSDC	+0.0100%	4h	1.8211	+0.115%	$448K	$295K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8210	+0.110%	$770K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8176	−0.077%	$311K	$179K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8190	0.000%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8196	+0.032%	$6K	$184K	10x	as long as short
BloFin ATOM-USDT	+0.0107%	8h	1.8210	+0.110%	$1.1M	$339K	75x	as long as short
Injective ATOM/USDC PERP	+0.0143%	1h	1.8220	+0.165%	$665	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0203% / S −0.2202%	1h	1.8205	+0.085%	$4K	—	120x	as long as short
Reya ATOMRUSDPERPshort	+0.0228%	1h	1.8186	−0.024%	$2K	—	25x
Kraken Futures PF_ATOMUSD	+0.0242%	1h	1.8226	+0.196%	$3.1M	$675K	50x	as long as short