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+0.0104%/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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.015%+$1 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATOMUSDT1.80350.0099pay 0.0099% / 8h2h 12m$6.8M$2.7M75x
ShortKraken Futures PF_ATOMUSD1.80790.0203get 0.0025% / 1h12m 51s$3.1M$669K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago2.76 bp20.1 bp −$2042.9 bp −$429140.1 bp −$14.0Kdoesn't fit
Sell Kraken Futures live order book, 1 min ago13.82 bp29.7 bp −$3058.7 bp −$587doesn'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−0.0359%1h1.8050+0.083%$496$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0051%8h1.8030−0.028%$5.2M$5.0M50xas long as short
Variational Omni ATOM−0.0020%8h1.8064+0.162%$577K$18Kas long as short
Bybit ATOMUSDT−0.0009%8h1.8030−0.028%$15.2M$10.4M75xas long as short
Coinbase International ATOM-PERP-INTX−0.0008%1h1.8190+0.859%$26K$12K25xas long as short
dYdX ATOM-USD0.0000%1h1.8087+0.288%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8058+0.128%$9K150xas long as short
BloFin ATOM-USDT+0.0081%8h1.8100+0.360%$1.1M$325K75xas long as short
Bitget ATOMUSDTlong+0.0099%8h1.8035long leg$6.8M$2.7M75x
Hyperliquid ATOM+0.0100%1h1.8039+0.022%$2.8M$925K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8070+0.194%$983K$243K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8050+0.083%$21.5M$30.4M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8030−0.028%$2.5M$834K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8040+0.028%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8060+0.139%$1.6M$825K50xas long as short
BingX ATOM-USDT+0.0100%8h1.8040+0.028%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8092+0.317%$445K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8100+0.360%$772K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.80350.000%$308K$185K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8060+0.139%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8058+0.127%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8100+0.360%$660$174K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0199% / S −0.1513%1h1.8058+0.128%$3K120xas long as short
Kraken Futures PF_ATOMUSDshort+0.0203%1h1.8079+0.246%$3.1M$669K50x
Reya ATOMRUSDPERP+0.0228%1h1.8033−0.008%$2K25xas long as short