Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.2102%/8h= +230.2% APRpaid last 24h +0.131%

Price spread now: GMX against edgeX−0.030%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on GMX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.030% cheaper against edgeX than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$63 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ATOMUSDC	1.8211	0.0100	pay 0.0050% / 4h	58m 51s	$448K	$295K	10x
Short	GMX ATOM/USD [ETH-USDC]	1.8205	L +0.0203% / S −0.2202%	get 0.0275% / 1h	58m 51s	$4K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against edgeX. 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 edgeXbpFee GMXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $441.39
Price spread: −0.030% → 0.000%: −$3
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $417.4
Costs to cover: 0.210%
Break-even: 0.4 days

Slippage unknown: edgeX: live order book, 20 min ago; GMX: no order-book sample. 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 edgeX live order book, 20 min ago	11.02 bp	19.3 bp −$19	120.2 bp −$1,202	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
OKX ATOM-USDT-SWAP	−0.0097%	8h	1.8190	−0.114%	$5.2M	$5.4M	50x	as long as short
Deribit ATOM_USDC-PERPETUAL	−0.0080%	1h	1.8201	−0.054%	$500	$10K	25x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8217	+0.035%	$64K	$3K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.8207	−0.022%	$9K	—	150x	as long as short
Variational Omni ATOM	+0.0002%	8h	1.8183	−0.155%	$581K	$81K	—	as long as short
Coinbase International ATOM-PERP-INTX	+0.0008%	1h	1.8150	−0.334%	$25K	$12K	25x	as long as short
Bybit ATOMUSDT	+0.0009%	8h	1.8190	−0.114%	$15.3M	$10.6M	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8209	−0.010%	$2.8M	$862K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8200	−0.061%	$990K	$235K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8208	−0.017%	$21.7M	$30.9M	75x	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	1.8190	−0.114%	$2.5M	$842K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8200	−0.060%	$9.1M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8200	−0.060%	$1.6M	$833K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8204	−0.038%	$6.9M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8190	−0.114%	—	$24.8M	—	as long as short
edgeX ATOMUSDClong	+0.0100%	4h	1.8211	long leg	$448K	$295K	10x
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8210	−0.005%	$770K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8176	−0.191%	$311K	$179K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8190	−0.114%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8196	−0.081%	$6K	$184K	10x	as long as short
BloFin ATOM-USDT	+0.0107%	8h	1.8210	−0.005%	$1.1M	$339K	75x	as long as short
Injective ATOM/USDC PERP	+0.0143%	1h	1.8220	+0.050%	$665	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]short	L +0.0203% / S −0.2202%	1h	1.8205	−0.030%	$4K	—	120x
Reya ATOMRUSDPERP	+0.0228%	1h	1.8186	−0.138%	$2K	—	25x	as long as short
Kraken Futures PF_ATOMUSD	+0.0242%	1h	1.8226	+0.082%	$3.1M	$675K	50x	as long as short