Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1856%/8h= +203.3% APRpaid last 24h +0.131%

Price spread now: GMX against Gate+0.108%7-day average — · you sell dearer than you buy

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

Long on Gate 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—needs both histories

Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and GMX is 0.108% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ATOM_USDT	1.8210	0.0100	pay 0.0100% / 8h	1h 42m	$2.5M	$836K	75x
Short	GMX ATOM/USD [ETH-USDC]	1.8230	L +0.0201% / S −0.1956%	get 0.0245% / 1h	42m 00s	$3K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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 GatebpFee GMXbpOrdersPrice spread, now +0.108%Rate

Funding earned: $389.82
Price spread: +0.108% → 0.000%: $10.76
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: $373.58
Costs to cover: 0.270%
Break-even: 0.3 days

Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago	5.49 bp	21.8 bp −$22	89.5 bp −$895	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
Deribit ATOM_USDC-PERPETUAL	−0.0079%	1h	1.8225	+0.082%	$501	$10K	25x	as long as short
OKX ATOM-USDT-SWAP	−0.0075%	8h	1.8210	0.000%	$5.3M	$5.2M	50x	as long as short
Variational Omni ATOM	−0.0003%	8h	1.8113	−0.531%	$590K	$30K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8228	+0.100%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.8227	+0.093%	$9K	—	150x	as long as short
Bybit ATOMUSDT	+0.0015%	8h	1.8214	+0.022%	$15.3M	$10.4M	75x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0032%	1h	1.8150	−0.329%	$25K	$12K	25x	as long as short
Kraken Futures PF_ATOMUSD	+0.0099%	1h	1.8241	+0.173%	$3.1M	$674K	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8221	+0.060%	$2.8M	$907K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8212	+0.012%	$991K	$235K	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	1.8234	+0.131%	$21.8M	$30.5M	75x	as long as short
Gate ATOM_USDTlong	+0.0100%	8h	1.8210	long leg	$2.5M	$836K	75x
MEXC ATOM_USDT	+0.0100%	8h	1.8240	+0.165%	$9.1M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8230	+0.110%	$1.6M	$834K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8228	+0.099%	$6.9M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8220	+0.055%	—	$24.7M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8170	−0.220%	$447K	$295K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8170	−0.217%	$774K	$3.0M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8205	−0.027%	$312K	$179K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8220	+0.055%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8231	+0.113%	$6K	$184K	10x	as long as short
BloFin ATOM-USDT	+0.0116%	8h	1.8200	−0.055%	$1.1M	$327K	75x	as long as short
Injective ATOM/USDC PERP	+0.0143%	1h	1.8200	−0.055%	$664	$233K	12x	as long as short
GMX ATOM/USD [ETH-USDC]short	L +0.0201% / S −0.1956%	1h	1.8230	+0.108%	$3K	—	120x
Reya ATOMRUSDPERP	+0.0228%	1h	1.8209	−0.006%	$2K	—	25x	as long as short