Funding you earn now, next payment 06:00 UTC+0.0458%/8h= +50.1% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against Gate+0.161%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1041.045% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now +0.161%, 7d avg +0.159%
=The price spread sits at its 7-day average of +0.159%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.7660 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $2.4M | $849K | 75x |
| Short | Kraken Futures PF_ATOMUSD | 1.7688 | 0.0558 | get 0.0070% / 1h | 40m 39s | $2.9M | $840K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $96.11
- Price spread: +0.161% → +0.159%
- $0.16
- Slippage, 4 orders
- −$79.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$8.19
- Costs to cover
- 1.045%
- Break-even
- 7.6 days
Slippage from Gate: live order book, 2 min ago; Kraken Futures: live order book, 3 min ago.
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, 2 min ago | 5.66 bp | 29.2 bp −$29 | 107.0 bp −$1,070 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 8.45 bp | 17.5 bp −$17 | 49.0 bp −$490 | doesn't fit | doesn't fit |
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 | −0.0090% | 1h | 1.7662 | +0.011% | $486 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7657 | −0.015% | $62K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7665 | +0.031% | $784 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.7860 | +1.133% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0031% | 8h | 1.7642 | −0.100% | $561K | $78K | — | as long as short |
| BloFin ATOM-USDT | +0.0072% | 8h | 1.7680 | +0.113% | $1.1M | $352K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7663 | +0.017% | $2.7M | $729K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7630 | −0.170% | $958K | $201K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7650 | −0.055% | $21.2M | $32.2M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7630 | −0.170% | $14.5M | $10.2M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7640 | −0.113% | $4.9M | $5.8M | 50x | as long as short |
| Gate ATOM_USDTlong | +0.0100% | 8h | 1.7660 | long leg | $2.4M | $849K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7650 | −0.057% | $8.5M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7670 | +0.057% | $1.6M | $692K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7638 | −0.125% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7650 | −0.057% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7738 | +0.440% | $436K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7805 | +0.821% | $754K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7675 | +0.085% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7670 | +0.057% | $1.5M | $2.0M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7657 | −0.016% | $5K | $231K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0110% | 1h | 1.7780 | +0.680% | $649 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7660 | 0.000% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7646 | −0.078% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0558% | 1h | 1.7688 | +0.161% | $2.9M | $840K | 50x |
Gate ATOM_USDT
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]