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+0.2170%/8h= +237.6% APRnext payment +$2.71 per $10,000 · paid last 24h +0.183%
Price spread now: GMX against Coinbase International+0.387%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 3 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 +$65 a day on $10k at the current rate, and GMX is 0.387% dearer against Coinbase International than usual: you sell high and buy low: +$39 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-INTX1.81500.0032pay 0.0004% / 1h59m 45s$25K$12K25x
ShortGMX ATOM/USD [ETH-USDC]1.8220L +0.0203% / S −0.2202%get 0.0275% / 1h59m 45s$4K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$455.67
Price spread: +0.387% → 0.000%
$38.7
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$472.37
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell GMX no order-book sample
Coinbase International and GMX: 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
OKX ATOM-USDT-SWAP−0.0097%8h1.8190+0.220%$5.2M$5.4M50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0024%1h1.8217+0.369%$501$10K25xas long as short
dYdX ATOM-USD0.0000%1h1.8217+0.371%$64K$3K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8217+0.367%$9K150xas long as short
Variational Omni ATOM+0.0002%8h1.8183+0.179%$581K$81Kas long as short
Bybit ATOMUSDT+0.0009%8h1.8184+0.187%$15.3M$10.6M75xas long as short
Coinbase International ATOM-PERP-INTXlong+0.0032%1h1.8150long leg$25K$12K25x
BloFin ATOM-USDT+0.0081%8h1.8210+0.331%$1.1M$339K75xas long as short
Kraken Futures PF_ATOMUSD+0.0099%1h1.8240+0.495%$3.1M$675K50xas long as short
Hyperliquid ATOM+0.0100%1h1.8211+0.336%$2.8M$862K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8210+0.331%$991K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8208+0.318%$21.7M$30.9M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8200+0.275%$2.5M$849K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8200+0.275%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8220+0.386%$1.6M$835K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8198+0.264%$6.9M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8210+0.331%$24.8Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8211+0.335%$448K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8202+0.285%$769K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8204+0.298%$312K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8220+0.386%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8210+0.333%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8220+0.386%$665$290K12xas long as short
GMX ATOM/USD [ETH-USDC]shortL +0.0203% / S −0.2202%1h1.8220+0.387%$4K120x
Reya ATOMRUSDPERP+0.0228%1h1.8198+0.263%$2K25xas long as short