Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.024%
Price spread now: Kraken Futures against Bitget+0.246%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now +0.246%, 7d avg +0.162%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.084% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.162%. Mind the row above: over the last 7 days funding on this pair cost −0.083%, 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 | Bitget ATOMUSDT | 1.8035 | 0.0099 | pay 0.0099% / 8h | 2h 12m | $6.8M | $2.7M | 75x |
| Short | Kraken Futures PF_ATOMUSD | 1.8079 | 0.0203 | get 0.0025% / 1h | 12m 51s | $3.1M | $669K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $21.93
- Price spread: +0.246% → +0.162%
- $8.4
- Slippage, 4 orders
- −$64.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$56.55
- Costs to cover
- 0.869%
- Break-even
- 25.0 days
Slippage from Bitget: live order book, 5 min ago; Kraken Futures: live order book, 1 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 Bitget live order book, 5 min ago | 2.76 bp | 20.1 bp −$20 | 42.9 bp −$429 | 140.1 bp −$14.0K | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 13.82 bp | 29.7 bp −$30 | 58.7 bp −$587 | 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 | −0.0359% | 1h | 1.8050 | +0.083% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0051% | 8h | 1.8030 | −0.028% | $5.2M | $5.0M | 50x | as long as short |
| Variational Omni ATOM | −0.0020% | 8h | 1.8064 | +0.162% | $577K | $18K | — | as long as short |
| Bybit ATOMUSDT | −0.0009% | 8h | 1.8030 | −0.028% | $15.2M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.859% | $26K | $12K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8087 | +0.288% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8058 | +0.128% | $9K | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0081% | 8h | 1.8100 | +0.360% | $1.1M | $325K | 75x | as long as short |
| Bitget ATOMUSDTlong | +0.0099% | 8h | 1.8035 | long leg | $6.8M | $2.7M | 75x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8039 | +0.022% | $2.8M | $925K | 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 | 1.8070 | +0.194% | $983K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8050 | +0.083% | $21.5M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.028% | $2.5M | $834K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | +0.028% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8060 | +0.139% | $1.6M | $825K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | +0.028% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8092 | +0.317% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8100 | +0.360% | $772K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8035 | 0.000% | $308K | $185K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8060 | +0.139% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8058 | +0.127% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8100 | +0.360% | $660 | $174K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0199% / S −0.1513% | 1h | 1.8058 | +0.128% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0203% | 1h | 1.8079 | +0.246% | $3.1M | $669K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8033 | −0.008% | $2K | — | 25x | as long as short |
Bitget ATOMUSDT
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance 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]