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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.272%75s7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 3 days (all we have)−0.622%−$62 · spread now +0.272%, 7d avg −0.065%
Together, before fees−0.662%−$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.337% dearer against BloFin than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.065%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ATOM-USDT1.80300.0094pay 0.0094% / 8h1h 56m$1.1M$324K75x
ShortBitget ATOMUSDT1.80790.0100get 0.0100% / 8h1h 56m$6.8M$2.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$1.19
Price spread: +0.272% → −0.065%
$33.69
Slippage, 4 orders
−$38.53
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$27.64
Costs to cover
0.625%
Break-even
169.0 days
Slippage from BloFin: live order book, 1 min ago; Bitget: live order book, 2 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 BloFin live order book, 1 min ago5.54 bp11.5 bp −$1218.9 bp −$18979.0 bp −$7,900doesn't fit
Sell Bitget live order book, 2 min ago2.78 bp19.6 bp −$2031.3 bp −$313116.7 bp −$11.7Kdoesn'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−0.0302%1h1.8090+0.333%$497$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0064%8h1.8070+0.222%$5.2M$5.1M50xas long as short
Variational Omni ATOM−0.0016%8h1.8014−0.088%$576K$18Kas long as short
Bybit ATOMUSDT−0.0002%8h1.8080+0.277%$15.2M$10.3M75xas long as short
dYdX ATOM-USD0.0000%1h1.8086+0.311%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8085+0.305%$9K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0032%1h1.8190+0.887%$26K$12K25xas long as short
BloFin ATOM-USDTlong+0.0094%8h1.8030long leg$1.1M$324K75x
Kraken Futures PF_ATOMUSD+0.0100%1h1.8102+0.398%$3.1M$665K50xas long as short
Hyperliquid ATOM+0.0100%1h1.8091+0.338%$2.8M$914K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8070+0.222%$983K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8090+0.333%$21.6M$30.4M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8080+0.277%$2.5M$828K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8090+0.333%$9.1M$2.8M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8090+0.333%$1.6M$824K50xas long as short
Bitget ATOMUSDTshort+0.0100%8h1.8079+0.272%$6.8M$2.7M75x
BingX ATOM-USDT+0.0100%8h1.8070+0.222%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8032+0.010%$444K$292K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8020−0.055%$769K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8065+0.194%$309K$177K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8080+0.277%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8087+0.316%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8040+0.055%$658$233K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0201% / S −0.1956%1h1.8089+0.328%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8074+0.241%$2K25xas long as short