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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0324%/8h= +35.5% APRpaid last 24h +0.047%
Price spread now: GRVT against Coinbase International+1.227%76s7-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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GRVT is 1.227% dearer against Coinbase International than usual: you sell high and buy low: +$123 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ATOM-PERP-INTX1.7940−0.0224get 0.0028% / 1h20m 04s$25K$6K25x
ShortGRVT ATOM_USDT_Perp1.81600.0100get 0.0100% / 8h5h 20m$776K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$68.04
Price spread: +1.227% → 0.000%
$122.73
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$171.77
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; GRVT: live order book, 4 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 GRVT live order book, 4 min ago8.25 bp23.5 bp −$23112.3 bp −$1,123doesn't fitdoesn'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−0.0224%1h1.7940long leg$25K$6K25x
Variational Omni ATOM−0.0066%8h1.8212+1.514%$582K$74Kas long as short
OKX ATOM-USDT-SWAP−0.0051%8h1.8220+1.561%$5.1M$5.6M50xas long as short
Bybit ATOMUSDT−0.0019%8h1.8210+1.505%$15.2M$9.9M75xas long as short
dYdX ATOM-USD0.0000%1h1.8240+1.672%$64K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.8231+1.622%$501$10K25xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8232+1.628%$810150xas long as short
BloFin ATOM-USDT+0.0088%8h1.8230+1.616%$1.1M$312K75xas long as short
Hyperliquid ATOM+0.0100%1h1.8219+1.555%$2.8M$748K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8224+1.582%$988K$239K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8231+1.620%$21.7M$30.0M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8230+1.616%$2.5M$829K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8230+1.616%$8.6M$3.1M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8240+1.672%$1.6M$689K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8225+1.589%$6.8M$2.7M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8230+1.616%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8128+1.050%$446K$294K10xas long as short
GRVT ATOM_USDT_Perpshort+0.0100%8h1.8160+1.227%$776K$2.7M10x
HTX ATOM-USDT+0.0100%8h1.8208+1.494%$317K$180K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8230+1.616%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8228+1.604%$7K$205K10xas long as short
Kraken Futures PF_ATOMUSD+0.0122%1h1.8246+1.708%$3.1M$719K50xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8230+1.616%$665$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8231+1.622%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8219+1.556%$2K25xas long as short