Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0301%/8h= +33.0% APRpaid last 24h +0.085%

Price spread now: HTX against Deribit−0.135%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 0.135% cheaper against Deribit than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 36 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ATOM_USDC-PERPETUAL	1.7750	−0.0201	get 0.0025% / 1h	43m 57s	$488	$10K	25x
Short	HTX ATOM-USDT	1.7726	0.0100	get 0.0100% / 8h	43m 57s	$309K	$179K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee HTXbpOrdersPrice spread, now −0.135%Rate

Funding earned: $63.21
Price spread: −0.135% → 0.000%: −$13.52
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: $30.69
Costs to cover: 0.190%
Break-even: 3.6 days

Slippage unknown: Deribit: no order-book sample; HTX: live order book, 58 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 Deribit no order-book sample	—	—	—	—	—
Sell HTX live order book, 58 min ago	12.44 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit

Deribit: 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-PERPETUALlong	−0.0201%	1h	1.7750	long leg	$488	$10K	25x
Kraken Futures PF_ATOMUSD	−0.0071%	1h	1.7761	+0.061%	$2.9M	$869K	50x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.7764	+0.079%	$62K	$5K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.7755	+0.030%	$788	—	150x	as long as short
BloFin ATOM-USDT	+0.0080%	8h	1.7730	−0.113%	$933K	$355K	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.7733	−0.096%	$3.1M	$993K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7728	−0.121%	$964K	$154K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7747	−0.017%	$21.2M	$33.5M	75x	as long as short
Bybit ATOMUSDT	+0.0100%	8h	1.7733	−0.096%	$14.9M	$10.8M	75x	as long as short
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7740	−0.056%	$5.1M	$6.2M	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ATOM_USDT	+0.0100%	8h	1.7750	0.000%	$2.4M	$849K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7740	−0.056%	$8.2M	$5.2M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.7760	+0.056%	$1.5M	$719K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7743	−0.039%	$6.6M	$3.4M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7750	0.000%	—	$3.8M	—	as long as short
Variational Omni ATOM	+0.0100%	8h	1.7742	−0.048%	$563K	$84K	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7745	−0.030%	$437K	$297K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7740	−0.054%	$758K	$2.6M	10x	as long as short
HTX ATOM-USDTshort	+0.0100%	8h	1.7726	−0.135%	$309K	$179K	75x
Phemex ATOMUSDT	+0.0100%	8h	1.7750	0.000%	$1.5M	$2.0M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7745	−0.028%	$9K	$274K	10x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0120%	1h	1.7700	−0.282%	$24K	$4K	25x	as long as short
Injective ATOM/USDC PERP	+0.0140%	1h	1.7770	+0.113%	$648	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0197% / S −0.1340%	1h	1.7758	+0.044%	$2K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.7735	−0.082%	$2K	—	25x	as long as short