Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.044%
Price spread now: Kraken Futures against GMX+0.045%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$1 a day on $10k at the current rate, and Kraken Futures is 0.045% dearer against GMX than usual: you sell high and buy low: +$4 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 | GMX ATOM/USD [ETH-USDC] | 1.8109 | L +0.0203% / S −0.2202% | pay 0.0025% / 1h | 3m 28s | $4K | — | 120x |
| Short | Kraken Futures PF_ATOMUSD | 1.8117 | 0.0243 | get 0.0030% / 1h | 3m 28s | $3.1M | $693K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GMX. 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
- $8.5
- Price spread: +0.045% → 0.000%
- $4.47
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$9.04
- Costs to cover
- 0.220%
- Break-even
- 14.4 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 5 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 GMX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 13.81 bp | 25.2 bp −$25 | 54.4 bp −$544 | doesn't fit | doesn't fit |
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 | −0.0136% | 1h | 1.8105 | −0.021% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0099% | 8h | 1.8100 | −0.048% | $5.2M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0049% | 8h | 1.8043 | −0.365% | $577K | $80K | — | as long as short |
| Bybit ATOMUSDT | −0.0035% | 8h | 1.8096 | −0.070% | $15.2M | $10.7M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8104 | −0.026% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8107 | −0.011% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8080 | −0.159% | $25K | $12K | 25x | as long as short |
| BloFin ATOM-USDT | +0.0082% | 8h | 1.8080 | −0.159% | $1.1M | $326K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8108 | −0.004% | $2.8M | $853K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8102 | −0.035% | $985K | $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 | 1.8116 | +0.040% | $21.5M | $31.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.048% | $2.5M | $851K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8110 | +0.007% | $9.2M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8110 | +0.007% | $1.6M | $791K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8114 | +0.029% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | −0.103% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8058 | −0.280% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8069 | −0.220% | $764K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8105 | −0.021% | $310K | $168K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | −0.103% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8112 | +0.020% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8080 | −0.159% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC]long | L +0.0203% / S −0.2202% | 1h | 1.8109 | long leg | $4K | — | 120x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8097 | −0.065% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0243% | 1h | 1.8117 | +0.045% | $3.1M | $693K | 50x |
GMX ATOM/USD [ETH-USDC]
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
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