Settings8H · net · $10k
Funding arb · Price arb /

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ATOM_USDT1.76600.0100pay 0.0100% / 8h2h 40m$2.4M$849K75x
ShortKraken Futures PF_ATOMUSD1.76880.0558get 0.0070% / 1h40m 39s$2.9M$840K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago5.66 bp29.2 bp −$29107.0 bp −$1,070doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago8.45 bp17.5 bp −$1749.0 bp −$490doesn't fitdoesn't fit

ATOM on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ATOM_USDC-PERPETUAL−0.0090%1h1.7662+0.011%$486$10K25xas long as short
dYdX ATOM-USD0.0000%1h1.7657−0.015%$62K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.7665+0.031%$784150xas long as short
Coinbase International ATOM-PERP-INTX+0.0008%1h1.7860+1.133%$24K$4K25xas long as short
Variational Omni ATOM+0.0031%8h1.7642−0.100%$561K$78Kas long as short
BloFin ATOM-USDT+0.0072%8h1.7680+0.113%$1.1M$352K75xas long as short
Hyperliquid ATOM+0.0100%1h1.7663+0.017%$2.7M$729K5xas long as short
Aster ATOMUSDT+0.0100%8h1.7630−0.170%$958K$201K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7650−0.055%$21.2M$32.2M75xas long as short
Bybit ATOMUSDT+0.0100%8h1.7630−0.170%$14.5M$10.2M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ATOM-USDT-SWAP+0.0100%8h1.7640−0.113%$4.9M$5.8M50xas long as short
Gate ATOM_USDTlong+0.0100%8h1.7660long leg$2.4M$849K75x
MEXC ATOM_USDT+0.0100%8h1.7650−0.057%$8.5M$5.2M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.7670+0.057%$1.6M$692K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7638−0.125%$6.6M$3.1M75xas long as short
BingX ATOM-USDT+0.0100%8h1.7650−0.057%$24.4Mas long as short
edgeX ATOMUSDC+0.0100%4h1.7738+0.440%$436K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.7805+0.821%$754K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.7675+0.085%$308K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.7670+0.057%$1.5M$2.0M50xas long as short
Extended ATOM-USD+0.0104%1h1.7657−0.016%$5K$231K10xas long as short
Injective ATOM/USDC PERP+0.0110%1h1.7780+0.680%$649$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0197% / S −0.1340%1h1.76600.000%$2K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7646−0.078%$2K25xas long as short
Kraken Futures PF_ATOMUSDshort+0.0558%1h1.7688+0.161%$2.9M$840K50x