Funding you earn now, next payment 23:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.023%
Price spread now: Kraken Futures against BloFin−0.053%7-day average +0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)+0.182%+$18 · spread now −0.053%, 7d avg +0.101%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Kraken Futures is 0.153% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.101%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATOM-USDT | 1.8140 | 0.0125 | pay 0.0125% / 8h | 1h 36m | $1.1M | $326K | 75x |
| Short | Kraken Futures PF_ATOMUSD | 1.8130 | 0.0100 | get 0.0012% / 1h | 36m 48s | $3.1M | $678K | 50x |
BloFin ATOM-USDT
Kraken Futures PF_ATOMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$5.42
- Price spread: −0.053% → +0.101%
- −$15.35
- Slippage, 4 orders
- −$52.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$94.83
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Kraken Futures: live order book, 2 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 BloFin live order book, 1 min ago | 5.52 bp | 11.5 bp −$12 | 21.3 bp −$213 | 91.8 bp −$9,177 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 8.24 bp | 22.6 bp −$23 | 46.3 bp −$463 | 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 | −0.0413% | 1h | 1.8097 | −0.237% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0079% | 8h | 1.8090 | −0.276% | $5.2M | $5.2M | 50x | as long as short |
| Variational Omni ATOM | −0.0002% | 8h | 1.8193 | +0.292% | $582K | $42K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8178 | +0.208% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8107 | −0.181% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0008% | 8h | 1.8100 | −0.221% | $15.3M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | +0.055% | $25K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0100% | 1h | 1.8130 | −0.053% | $3.1M | $678K | 50x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8109 | −0.171% | $2.8M | $910K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8116 | −0.133% | $986K | $235K | 20x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8116 | −0.131% | $21.7M | $30.8M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8110 | −0.165% | $2.5M | $841K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.221% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8110 | −0.165% | $1.6M | $836K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8100 | −0.221% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8110 | −0.165% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8171 | +0.171% | $447K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8170 | +0.166% | $774K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8135 | −0.028% | $310K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8110 | −0.165% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8112 | −0.152% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDTlong | +0.0125% | 8h | 1.8140 | long leg | $1.1M | $326K | 75x | |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8190 | +0.276% | $664 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8120 | −0.110% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8093 | −0.259% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
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]
Reya ATOMRUSDPERP