Funding you earn now, next payment 21:00 UTC+0.0212%/8h= +23.2% APRnext payment +$0.26 per $10,000 · paid last 24h +0.026%
Price spread now: Kraken Futures against Coinbase International+0.250%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.250% dearer against Coinbase International than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ATOM-PERP-INTX | 1.8020 | −0.0008 | get 0.0001% / 1h | 47m 57s | $25K | $11K | 25x |
| Short | Kraken Futures PF_ATOMUSD | 1.8065 | 0.0204 | get 0.0025% / 1h | 47m 57s | $3.1M | $672K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $44.44
- Price spread: +0.250% → 0.000%
- $24.96
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $49.4
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 5.54 bp | 17.5 bp −$18 | 47.7 bp −$477 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0248% | 1h | 1.8048 | +0.155% | $496 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0097% | 8h | 1.8030 | +0.055% | $15.2M | $10.5M | 75x | as long as short |
| Variational Omni ATOM | −0.0064% | 8h | 1.8015 | −0.027% | $576K | $18K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0016% | 8h | 1.8010 | −0.055% | $5.2M | $5.0M | 50x | as long as short |
| Coinbase International ATOM-PERP-INTXlong | −0.0008% | 1h | 1.8020 | long leg | $25K | $11K | 25x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8043 | +0.128% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8049 | +0.163% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0068% | 8h | 1.8038 | +0.100% | $6.6M | $2.6M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8045 | +0.139% | $2.8M | $982K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8054 | +0.186% | $982K | $238K | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8049 | +0.163% | $21.6M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8030 | +0.055% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8050 | +0.166% | $9.0M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | +0.111% | $1.6M | $801K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8030 | +0.055% | — | $25.0M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | +0.146% | $444K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8020 | 0.000% | $761K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7984 | −0.200% | $306K | $183K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8050 | +0.166% | $1.6M | $1.8M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8048 | +0.153% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0118% | 8h | 1.8020 | 0.000% | $1.1M | $324K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8060 | +0.222% | $659 | $117K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8052 | +0.180% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0204% | 1h | 1.8065 | +0.250% | $3.1M | $672K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8027 | +0.037% | $2K | — | 25x | as long as short |
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
gTrade (Gains Network) ATOM/USD
Bitget ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]