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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.049%
Price spread now: Coinbase International against BloFin+0.498%58s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.498% dearer against BloFin than usual: you sell high and buy low (spread +0.498% now, against zero (this spread has no 7-day history yet)): +$50 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ATOM-USDT1.80600.0121pay 0.0121% / 8h32m 08s$1.1M$335K75x
ShortCoinbase International ATOM-PERP-INTX1.81500.0008get 0.0001% / 1h32m 08s$25K$12K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$23.7
Price spread: +0.498% → 0.000%
$49.83
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$4.13
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: live order book, 5 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago2.76 bp17.8 bp −$1822.5 bp −$22582.2 bp −$8,217doesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ATOM_USDC-PERPETUAL−0.0137%1h1.8098+0.210%$498$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0067%8h1.8080+0.111%$5.2M$5.4M50xas long as short
Variational Omni ATOM−0.0006%8h1.8073+0.072%$578K$80Kas long as short
dYdX ATOM-USD0.0000%1h1.8098+0.209%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8097+0.204%$9K150xas long as short
Bybit ATOMUSDT+0.0004%8h1.8075+0.083%$15.1M$10.6M75xas long as short
Coinbase International ATOM-PERP-INTXshort+0.0008%1h1.8150+0.498%$25K$12K25x
Hyperliquid ATOM+0.0100%1h1.8091+0.172%$2.8M$853K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8098+0.213%$985K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8096+0.197%$21.6M$30.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ATOM_USDT+0.0100%8h1.8080+0.111%$2.5M$845K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8090+0.166%$9.2M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8100+0.221%$1.6M$833K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8084+0.133%$6.8M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8090+0.166%$24.8Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8101+0.228%$445K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8106+0.257%$775K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8073+0.072%$309K$174K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8090+0.166%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8095+0.194%$6K$184K10xas long as short
BloFin ATOM-USDTlong+0.0121%8h1.8060long leg$1.1M$335K75x
Injective ATOM/USDC PERP+0.0143%1h1.8090+0.166%$660$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0203% / S −0.2202%1h1.8102+0.233%$4K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8082+0.122%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0243%1h1.8112+0.285%$3.1M$681K50xas long as short