Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Gate against gTrade (Gains Network)−0.138%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Gate

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. Gate is 0.138% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ATOM/USD	1.8085	L 0.0000% / S +0.0001%	pay 0.0000% / 1h	56m 27s	$9K	—	150x
Short	Gate ATOM_USDT	1.8060	0.0100	get 0.0100% / 8h	1h 56m	$2.5M	$828K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GatebpOrdersPrice spread, now −0.138%Rate

Funding earned: $20.99
Price spread: −0.138% → 0.000%: −$13.82
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$17.83
Costs to cover: 0.250%
Break-even: 12.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	5.55 bp	22.5 bp −$22	83.6 bp −$836	doesn't fit	doesn't fit

gTrade (Gains Network): 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	1.8058	−0.149%	$496	$10K	25x	as long as short
OKX ATOM-USDT-SWAP	−0.0066%	8h	1.8060	−0.138%	$5.2M	$5.1M	50x	as long as short
Variational Omni ATOM	−0.0016%	8h	1.8014	−0.392%	$576K	$18K	—	as long as short
Bybit ATOMUSDT	−0.0002%	8h	1.8070	−0.083%	$15.2M	$10.3M	75x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8086	+0.006%	$63K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USDlong	L 0.0000% / S +0.0001%	1h	1.8085	long leg	$9K	—	150x
Coinbase International ATOM-PERP-INTX	+0.0032%	1h	1.8190	+0.581%	$26K	$12K	25x	as long as short
BloFin ATOM-USDT	+0.0094%	8h	1.8030	−0.304%	$1.1M	$324K	75x	as long as short
Kraken Futures PF_ATOMUSD	+0.0100%	1h	1.8071	−0.075%	$3.1M	$665K	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8079	−0.033%	$2.8M	$914K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ATOMUSDT	+0.0100%	8h	1.8057	−0.157%	$982K	$243K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8085	+0.001%	$21.6M	$30.4M	75x	as long as short
Gate ATOM_USDTshort	+0.0100%	8h	1.8060	−0.138%	$2.5M	$828K	75x
MEXC ATOM_USDT	+0.0100%	8h	1.8080	−0.028%	$9.1M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8080	−0.028%	$1.6M	$824K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8080	−0.028%	$6.8M	$2.7M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8070	−0.083%	—	$24.6M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8032	−0.295%	$444K	$292K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8020	−0.359%	$769K	$3.0M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8054	−0.171%	$308K	$177K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8040	−0.249%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8078	−0.038%	$6K	$184K	10x	as long as short
Injective ATOM/USDC PERP	+0.0143%	1h	1.8040	−0.249%	$658	$233K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0201% / S −0.1956%	1h	1.8089	+0.023%	$3K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8074	−0.063%	$2K	—	25x	as long as short