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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0112%/8h= +12.2% APRpaid last 24h +0.017%
Price spread now: Extended against Bybit+0.105%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$600.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.105%, 7d avg +0.012%
Together, before fees−0.124%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.093% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ATOMUSDT1.8073−0.0008get 0.0008% / 8h2h 13m$15.2M$10.4M75x
ShortExtended ATOM-USD1.80920.0104get 0.0013% / 1h13m 54s$6K$184K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$23.43
Price spread: +0.105% → +0.012%
$9.26
Slippage, 4 orders
−$44.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$27.52
Costs to cover
0.602%
Break-even
15.2 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 8 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, 4 min ago2.77 bp15.5 bp −$1639.6 bp −$396105.4 bp −$10.5Kdoesn't fit
Sell Extended live order book, 8 min ago8.56 bp15.4 bp −$1580.9 bp −$809doesn't fitdoesn'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
OKX ATOM-USDT-SWAP−0.0050%8h1.8060−0.072%$5.2M$5.0M50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0026%1h1.8094+0.116%$497$10K25xas long as short
Variational Omni ATOM−0.0020%8h1.8064−0.049%$577K$18Kas long as short
Coinbase International ATOM-PERP-INTX−0.0008%1h1.8190+0.647%$26K$12K25xas long as short
Bybit ATOMUSDTlong−0.0008%8h1.8073long leg$15.2M$10.4M75x
dYdX ATOM-USD0.0000%1h1.8089+0.087%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8088+0.082%$9K150xas long as short
Bitget ATOMUSDT+0.0097%8h1.8074+0.006%$6.8M$2.7M75xas long as short
Hyperliquid ATOM+0.0100%1h1.8072−0.006%$2.8M$924K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8103+0.164%$985K$243K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8092+0.105%$21.6M$30.5M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8070−0.017%$2.5M$833K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8090+0.094%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8100+0.149%$1.6M$824K50xas long as short
BingX ATOM-USDT+0.0100%8h1.8080+0.039%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8100+0.149%$445K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8100+0.149%$772K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8095+0.122%$309K$185K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8100+0.149%$1.6M$1.9M50xas long as short
Extended ATOM-USDshort+0.0104%1h1.8092+0.105%$6K$184K10x
BloFin ATOM-USDT+0.0109%8h1.8080+0.039%$1.1M$325K75xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8110+0.205%$661$174K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0199% / S −0.1513%1h1.8094+0.117%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8119+0.252%$3.1M$669K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8074+0.007%$2K25xas long as short