Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: HTX against gTrade (Gains Network)−0.063%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 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 0.063% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 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	1.8187	L 0.0000% / S +0.0001%	pay 0.0000% / 1h	26m 06s	$9K	—	150x
Short	HTX ATOM-USDT	1.8175	0.0100	get 0.0100% / 8h	2h 26m	$309K	$184K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.063%Rate

Funding earned: $20.99
Price spread: −0.063% → 0.000%: −$6.32
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$7.33
Costs to cover: 0.220%
Break-even: 9.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 61 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 HTX live order book, 61 min ago	12.17 bp	18.7 bp −$19	doesn't fit	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
Variational Omni ATOM	−0.0049%	8h	1.8144	−0.233%	$580K	$18K	—	as long as short
OKX ATOM-USDT-SWAP	−0.0047%	8h	1.8160	−0.146%	$5.3M	$5.0M	50x	as long as short
Bybit ATOMUSDT	−0.0035%	8h	1.8177	−0.052%	$15.3M	$10.4M	75x	as long as short
Deribit ATOM_USDC-PERPETUAL	−0.0025%	1h	1.8195	+0.047%	$500	$10K	25x	as long as short
Coinbase International ATOM-PERP-INTX	−0.0008%	1h	1.8190	+0.019%	$26K	$12K	25x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8189	+0.015%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USDlong	L 0.0000% / S +0.0001%	1h	1.8187	long leg	$9K	—	150x
Bitget ATOMUSDT	+0.0080%	8h	1.8178	−0.047%	$6.7M	$2.7M	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8186	−0.003%	$2.8M	$927K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8180	−0.036%	$989K	$243K	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	1.8190	+0.019%	$21.8M	$30.3M	75x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.8170	−0.091%	$2.5M	$831K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8170	−0.091%	$9.1M	$2.9M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8180	−0.036%	$1.6M	$820K	50x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8170	−0.091%	—	$24.6M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8158	−0.157%	$447K	$295K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8153	−0.182%	$771K	$3.0M	10x	as long as short
HTX ATOM-USDTshort	+0.0100%	8h	1.8175	−0.063%	$309K	$184K	75x
Phemex ATOMUSDT	+0.0100%	8h	1.8180	−0.036%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8184	−0.015%	$6K	$184K	10x	as long as short
BloFin ATOM-USDT	+0.0104%	8h	1.8170	−0.091%	$1.1M	$326K	75x	as long as short
Injective ATOM/USDC PERP	+0.0132%	1h	1.8150	−0.201%	$662	$174K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1417%	1h	1.8197	+0.055%	$3K	—	120x	as long as short
Kraken Futures PF_ATOMUSD	+0.0202%	1h	1.8207	+0.112%	$3.1M	$668K	50x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8175	−0.064%	$2K	—	25x	as long as short