Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against BloFin+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.043% dearer against BloFin than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ATOM-USDT	1.8200	0.0116	pay 0.0116% / 8h	1h 42m	$1.1M	$327K	75x
Short	gTrade (Gains Network) ATOM/USD	1.8208	L 0.0000% / S +0.0001%	pay 0.0000% / 1h	42m 37s	$9K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee BloFinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.043%Rate

Funding earned: −$24.6
Price spread: +0.043% → 0.000%: $4.29
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$42.31
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 5 min ago	2.76 bp	12.6 bp −$13	22.4 bp −$224	75.2 bp −$7,518	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ATOM_USDC-PERPETUAL	−0.0189%	1h	1.8204	+0.022%	$500	$10K	25x	as long as short
OKX ATOM-USDT-SWAP	−0.0076%	8h	1.8200	0.000%	$5.3M	$5.2M	50x	as long as short
Variational Omni ATOM	−0.0003%	8h	1.8113	−0.476%	$590K	$30K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8228	+0.155%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USDshort	L 0.0000% / S +0.0001%	1h	1.8208	+0.043%	$9K	—	150x
Bybit ATOMUSDT	+0.0015%	8h	1.8207	+0.038%	$15.3M	$10.4M	75x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0032%	1h	1.8150	−0.275%	$25K	$12K	25x	as long as short
Kraken Futures PF_ATOMUSD	+0.0099%	1h	1.8226	+0.142%	$3.1M	$674K	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8221	+0.115%	$2.8M	$907K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8218	+0.096%	$991K	$235K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ATOMUSDT	+0.0100%	8h	1.8230	+0.165%	$21.7M	$30.5M	75x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.8210	+0.055%	$2.5M	$836K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8220	+0.110%	$9.1M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8230	+0.165%	$1.6M	$834K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8213	+0.071%	$6.9M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8220	+0.110%	—	$24.7M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8170	−0.165%	$447K	$295K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8170	−0.163%	$774K	$3.0M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8204	+0.022%	$312K	$179K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8200	0.000%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8224	+0.132%	$6K	$184K	10x	as long as short
BloFin ATOM-USDTlong	+0.0116%	8h	1.8200	long leg	$1.1M	$327K	75x
Injective ATOM/USDC PERP	+0.0143%	1h	1.8200	0.000%	$664	$233K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0201% / S −0.1956%	1h	1.8203	+0.018%	$3K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8209	+0.049%	$2K	—	25x	as long as short