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+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.039%
Price spread now: Hyperliquid against Coinbase International−0.132%7-day average · you buy dearer than you sell
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.132% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 6.5 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ATOM-PERP-INTX1.81500.0032pay 0.0004% / 1h24m 53s$25K$12K25x
ShortHyperliquid ATOM1.81260.0100get 0.0013% / 1h24m 53s$2.8M$911K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$14.28
Price spread: −0.132% → 0.000%
−$13.22
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.94
Costs to cover
0.190%
Break-even
15.8 days
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: 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 Hyperliquid live order book, 6 min ago3.04 bp18.2 bp −$18doesn't fitdoesn'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
OKX ATOM-USDT-SWAP−0.0095%8h1.8110−0.220%$5.2M$5.2M50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0081%1h1.8123−0.149%$498$10K25xas long as short
Variational Omni ATOM−0.0002%8h1.8083−0.371%$587K$52Kas long as short
dYdX ATOM-USD0.0000%1h1.8101−0.270%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8118−0.176%$9K150xas long as short
Bybit ATOMUSDT+0.0016%8h1.8110−0.220%$15.3M$10.5M75xas long as short
Coinbase International ATOM-PERP-INTXlong+0.0032%1h1.8150long leg$25K$12K25x
BloFin ATOM-USDT+0.0090%8h1.8090−0.331%$1.1M$336K75xas long as short
Kraken Futures PF_ATOMUSD+0.0100%1h1.8142−0.045%$3.1M$677K50xas long as short
Hyperliquid ATOMshort+0.0100%1h1.8126−0.132%$2.8M$911K5x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8101−0.271%$985K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8126−0.133%$21.6M$30.7M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8100−0.275%$2.5M$843K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8110−0.220%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8120−0.165%$1.6M$840K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8115−0.193%$6.8M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8110−0.220%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8105−0.250%$445K$293K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8106−0.242%$771K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8105−0.248%$310K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8110−0.220%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8119−0.171%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8110−0.220%$661$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0203% / S −0.2202%1h1.8126−0.133%$4K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8104−0.251%$2K25xas long as short