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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.059%
Price spread now: Injective against Coinbase International−0.277%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 feesneeds both histories
Funding pays, the price is against you. Injective is 0.277% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.277% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 18 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ATOM-PERP-INTX1.80800.0080pay 0.0010% / 1h44m 32s$25K$12K25x
ShortInjective ATOM/USDC PERP1.80300.0132get 0.0016% / 1h44m 32s$658$290K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$10.87
Price spread: −0.277% → 0.000%
−$27.65
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$26.81
Costs to cover
0.100%
Break-even
24.3 days
Slippage unknown: Coinbase International: no order-book sample; Injective: live order book, 15 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 Injective live order book, 15 min ago35.86 bp35.9 bp −$36doesn'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
Bybit ATOMUSDT−0.0153%8h1.8042−0.210%$15.1M$10.8M75xas long as short
OKX ATOM-USDT-SWAP−0.0073%8h1.8040−0.221%$5.1M$5.5M50xas long as short
Variational Omni ATOM−0.0063%8h1.8002−0.430%$575K$80Kas long as short
dYdX ATOM-USD0.0000%1h1.8067−0.071%$63K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.8068−0.066%$497$10K25xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8057−0.129%$9K150xas long as short
Phemex ATOMUSDT+0.0046%8h1.8060−0.111%$1.6M$1.9M50xas long as short
BloFin ATOM-USDT+0.0072%8h1.8070−0.055%$1.1M$326K75xas long as short
Coinbase International ATOM-PERP-INTXlong+0.0080%1h1.8080long leg$25K$12K25x
Hyperliquid ATOM+0.0100%1h1.8034−0.254%$2.8M$858K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8051−0.161%$982K$230K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8054−0.146%$21.4M$31.5M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8040−0.221%$2.5M$850K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8050−0.166%$9.1M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8070−0.055%$1.6M$794K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8052−0.155%$6.8M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8040−0.221%$24.8Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8020−0.331%$443K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8030−0.277%$769K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8054−0.144%$309K$166K75xas long as short
Extended ATOM-USD+0.0104%1h1.8067−0.074%$5K$214K10xas long as short
Kraken Futures PF_ATOMUSD+0.0122%1h1.8076−0.021%$3.1M$696K50xas long as short
Injective ATOM/USDC PERPshort+0.0132%1h1.8030−0.277%$658$290K12x
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8048−0.176%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8026−0.297%$2K25xas long as short