Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: MEXC against gTrade (Gains Network)−0.092%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 MEXC

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. MEXC is 0.092% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.1 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	1.8097	L 0.0000% / S +0.0001%	pay 0.0000% / 1h	40m 31s	$9K	—	150x
Short	MEXC ATOM_USDT	1.8080	0.0100	get 0.0100% / 8h	7h 40m	$9.1M	$3.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.092%Rate

Funding earned: $20.99
Price spread: −0.092% → 0.000%: −$9.23
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $1.76
Costs to cover: 0.100%
Break-even: 6.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	2.76 bp	2.8 bp −$3	13.1 bp −$131	79.7 bp −$7,971	164.9 bp −$82.4K

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	−0.0192%	1h	1.8090	−0.037%	$497	$10K	25x	as long as short
Bybit ATOMUSDT	−0.0145%	8h	1.8071	−0.142%	$15.1M	$10.8M	75x	as long as short
OKX ATOM-USDT-SWAP	−0.0069%	8h	1.8070	−0.148%	$5.1M	$5.5M	50x	as long as short
Variational Omni ATOM	−0.0054%	8h	1.8062	−0.191%	$578K	$79K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8096	−0.003%	$63K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USDlong	L 0.0000% / S +0.0001%	1h	1.8097	long leg	$9K	—	150x
BloFin ATOM-USDT	+0.0070%	8h	1.8090	−0.037%	$1.1M	$326K	75x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0080%	1h	1.8080	−0.092%	$25K	$12K	25x	as long as short
Phemex ATOMUSDT	+0.0093%	8h	1.8080	−0.092%	$1.6M	$1.9M	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8080	−0.092%	$2.8M	$861K	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	1.8083	−0.075%	$984K	$230K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8090	−0.040%	$21.5M	$31.4M	75x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.8090	−0.037%	$2.5M	$851K	75x	as long as short
MEXC ATOM_USDTshort	+0.0100%	8h	1.8080	−0.092%	$9.1M	$3.0M	200x
KuCoin ATOMUSDTM	+0.0100%	8h	1.8090	−0.037%	$1.6M	$794K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8088	−0.048%	$6.8M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8090	−0.037%	—	$24.8M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8067	−0.164%	$444K	$293K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8062	−0.191%	$770K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8071	−0.142%	$309K	$166K	75x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8096	−0.006%	$8K	$235K	10x	as long as short
Kraken Futures PF_ATOMUSD	+0.0121%	1h	1.8104	+0.043%	$3.1M	$696K	50x	as long as short
Injective ATOM/USDC PERP	+0.0132%	1h	1.8120	+0.129%	$661	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1417%	1h	1.8095	−0.007%	$3K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8076	−0.112%	$2K	—	25x	as long as short