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

ATOM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.047%
Price spread now: Bitget against Coinbase International+0.496%7-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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.496% dearer against Coinbase International than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ATOM-PERP-INTX1.7940−0.0312get 0.0039% / 1h57m 32s$25K$6K25x
ShortBitget ATOMUSDT1.80290.0100get 0.0100% / 8h4h 57m$6.8M$2.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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
$86.52
Price spread: +0.496% → 0.000%
$49.61
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$114.13
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 6 min ago. 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 Coinbase International no order-book sample
Sell Bitget live order book, 6 min ago3.60 bp13.3 bp −$1334.0 bp −$340126.9 bp −$12.7Kdoesn't fit
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
Coinbase International ATOM-PERP-INTXlong−0.0312%1h1.7940long leg$25K$6K25x
Deribit ATOM_USDC-PERPETUAL−0.0249%1h1.8044+0.580%$496$10K25xas long as short
Variational Omni ATOM−0.0072%8h1.8051+0.620%$577K$74Kas long as short
Bybit ATOMUSDT−0.0034%8h1.8020+0.446%$15.0M$9.9M75xas long as short
OKX ATOM-USDT-SWAP−0.0027%8h1.8010+0.390%$5.0M$5.5M50xas long as short
dYdX ATOM-USD0.0000%1h1.8038+0.546%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8056+0.648%$802150xas long as short
Hyperliquid ATOM+0.0100%1h1.8020+0.446%$2.8M$745K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8034+0.526%$977K$239K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8036+0.537%$21.4M$29.9M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ATOM_USDT+0.0100%8h1.8040+0.557%$2.5M$807K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8010+0.390%$8.5M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8030+0.502%$1.6M$677K50xas long as short
Bitget ATOMUSDTshort+0.0100%8h1.8029+0.496%$6.8M$2.6M75x
BingX ATOM-USDT+0.0100%8h1.8010+0.390%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8065+0.698%$444K$296K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8058+0.656%$763K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8044+0.580%$314K$180K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8040+0.557%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8016+0.421%$5K$204K10xas long as short
BloFin ATOM-USDT+0.0107%8h1.8090+0.836%$1.1M$298K75xas long as short
Injective ATOM/USDC PERP+0.0116%1h1.8120+1.003%$661$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8052+0.625%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8046+0.594%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0356%1h1.8065+0.696%$3.1M$719K50xas long as short