Funding you earn now, next payment 06:00 UTC+0.0558%/8h= +61.1% APRnext payment +$0.70 per $10,000 · paid last 24h +0.011%
Price spread now: Kraken Futures against dYdX+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.067%+$7 on $10k
+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 +$17 a day on $10k at the current rate, and Kraken Futures is 0.136% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ATOM-USD | 1.7647 | 0 | get 0.0000% / 1h | 23m 43s | $62K | $5K | 10x |
| Short | Kraken Futures PF_ATOMUSD | 1.7671 | 0.0558 | get 0.0070% / 1h | 23m 43s | $2.9M | $858K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $117.22
- Price spread: +0.136% → 0.000%
- $13.63
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $110.85
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 5 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 11.36 bp | 20.8 bp −$21 | 64.5 bp −$645 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ATOM-USDlong | 0.0000% | 1h | 1.7647 | long leg | $62K | $5K | 10x | |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7661 | +0.080% | $486 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7645 | −0.009% | $784 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.7700 | +0.301% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0035% | 8h | 1.7582 | −0.367% | $558K | $78K | — | as long as short |
| BloFin ATOM-USDT | +0.0089% | 8h | 1.7630 | −0.095% | $1.1M | $351K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7635 | −0.067% | $2.7M | $735K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7619 | −0.157% | $957K | $202K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7641 | −0.033% | $21.1M | $32.8M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7627 | −0.112% | $14.5M | $10.3M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7610 | −0.209% | $4.9M | $5.8M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7640 | −0.039% | $2.4M | $857K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7620 | −0.152% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7640 | −0.039% | $1.5M | $718K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7637 | −0.056% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7630 | −0.095% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7591 | −0.315% | $433K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7650 | +0.018% | $753K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7621 | −0.146% | $307K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7650 | +0.018% | $1.5M | $2.0M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7641 | −0.035% | $32K | $258K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0110% | 1h | 1.7600 | −0.265% | $642 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7649 | +0.011% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7636 | −0.062% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0558% | 1h | 1.7671 | +0.136% | $2.9M | $858K | 50x |
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]