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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against Bybit+0.055%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$530.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.055%, 7d avg +0.002%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.054% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ATOMUSDT1.8100−0.0028get 0.0028% / 8h4h 56m$15.1M$9.8M75x
ShortBingX ATOM-USDT1.81100.0100get 0.0100% / 8h4h 56m$24.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$26.91
Price spread: +0.055% → +0.002%
$5.37
Slippage, 4 orders
−$31.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$20.29
Costs to cover
0.526%
Break-even
12.3 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 12 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 Bybit live order book, 2 min ago2.77 bp12.9 bp −$1327.7 bp −$277103.0 bp −$10.3Kdoesn't fit
Sell BingX live order book, 12 min ago2.76 bp14.1 bp −$1430.7 bp −$30780.7 bp −$8,072301.7 bp −$150.8K

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
Coinbase International ATOM-PERP-INTX−0.0312%1h1.7940−0.884%$25K$5K25xas long as short
Variational Omni ATOM−0.0072%8h1.8051−0.269%$577K$74Kas long as short
Bybit ATOMUSDTlong−0.0028%8h1.8100long leg$15.1M$9.8M75x
OKX ATOM-USDT-SWAP−0.0024%8h1.81000.000%$5.1M$5.5M50xas long as short
dYdX ATOM-USD0.0000%1h1.8093−0.038%$63K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.8122+0.122%$498$10K25xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8116+0.088%$804150xas long as short
BloFin ATOM-USDT+0.0078%8h1.8040−0.331%$1.1M$297K75xas long as short
Hyperliquid ATOM+0.0100%1h1.8103+0.017%$2.8M$745K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8070−0.166%$979K$239K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8110+0.057%$21.5M$29.7M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8090−0.055%$2.5M$807K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8110+0.055%$8.5M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8110+0.055%$1.6M$677K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8118+0.099%$6.8M$2.6M75xas long as short
BingX ATOM-USDTshort+0.0100%8h1.8110+0.055%$24.6M
edgeX ATOMUSDC+0.0100%4h1.8065−0.192%$444K$296K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8058−0.234%$763K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8085−0.083%$315K$175K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8110+0.055%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8116+0.088%$5K$204K10xas long as short
Injective ATOM/USDC PERP+0.0116%1h1.8090−0.055%$660$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8120+0.110%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8112+0.067%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0355%1h1.8137+0.203%$3.1M$712K50xas long as short