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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.003%
Price spread now: Extended against Bitget+0.069%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.069%, 7d avg +0.032%
Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$3 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 Extended is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATOMUSDT1.81050.0091pay 0.0091% / 8h2h 18m$6.8M$2.7M75x
ShortExtended ATOM-USD1.81170.0104get 0.0013% / 1h18m 27s$6K$184K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$2.73
Price spread: +0.069% → +0.032%
$3.68
Slippage, 4 orders
−$46.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$57.34
Costs to cover
0.637%
Break-even
154.0 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 3 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 Bitget live order book, 5 min ago3.31 bp14.2 bp −$1434.7 bp −$347doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago8.56 bp15.4 bp −$1580.9 bp −$809doesn'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
Deribit ATOM_USDC-PERPETUAL−0.0357%1h1.8112+0.039%$498$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0050%8h1.8080−0.138%$5.2M$5.0M50xas long as short
Variational Omni ATOM−0.0025%8h1.8134+0.160%$580K$18Kas long as short
Bybit ATOMUSDT−0.0014%8h1.8100−0.028%$15.3M$10.4M75xas long as short
Coinbase International ATOM-PERP-INTX−0.0008%1h1.8190+0.469%$26K$12K25xas long as short
dYdX ATOM-USD0.0000%1h1.8139+0.187%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8128+0.127%$9K150xas long as short
BloFin ATOM-USDT+0.0089%8h1.8110+0.028%$1.1M$325K75xas long as short
Bitget ATOMUSDTlong+0.0091%8h1.8105long leg$6.8M$2.7M75x
Hyperliquid ATOM+0.0100%1h1.81050.000%$2.8M$923K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8123+0.099%$986K$243K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8120+0.083%$21.6M$30.5M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8120+0.083%$2.5M$833K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8120+0.083%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8120+0.083%$1.6M$824K50xas long as short
BingX ATOM-USDT+0.0100%8h1.8110+0.028%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8152+0.262%$447K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8160+0.304%$775K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8114+0.050%$309K$185K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8120+0.083%$1.6M$1.9M50xas long as short
Extended ATOM-USDshort+0.0104%1h1.8117+0.069%$6K$184K10x
Injective ATOM/USDC PERP+0.0132%1h1.8120+0.083%$661$174K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0199% / S −0.1495%1h1.8118+0.074%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8139+0.185%$3.1M$668K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8093−0.068%$2K25xas long as short