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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ATOM/USD [ETH-USDC]1.8109L +0.0203% / S −0.2202%pay 0.0025% / 1h3m 28s$4K120x
ShortKraken Futures PF_ATOMUSD1.81170.0243get 0.0030% / 1h3m 28s$3.1M$693K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Kraken Futures live order book, 5 min ago13.81 bp25.2 bp −$2554.4 bp −$544doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ATOM_USDC-PERPETUAL−0.0136%1h1.8105−0.021%$498$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0099%8h1.8100−0.048%$5.2M$5.5M50xas long as short
Variational Omni ATOM−0.0049%8h1.8043−0.365%$577K$80Kas long as short
Bybit ATOMUSDT−0.0035%8h1.8096−0.070%$15.2M$10.7M75xas long as short
dYdX ATOM-USD0.0000%1h1.8104−0.026%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8107−0.011%$9K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0008%1h1.8080−0.159%$25K$12K25xas long as short
BloFin ATOM-USDT+0.0082%8h1.8080−0.159%$1.1M$326K75xas long as short
Hyperliquid ATOM+0.0100%1h1.8108−0.004%$2.8M$853K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8102−0.035%$985K$235K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8116+0.040%$21.5M$31.1M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8100−0.048%$2.5M$851K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8110+0.007%$9.2M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8110+0.007%$1.6M$791K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8114+0.029%$6.8M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8090−0.103%$24.8Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8058−0.280%$444K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8069−0.220%$764K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8105−0.021%$310K$168K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8090−0.103%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8112+0.020%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8080−0.159%$660$290K12xas long as short
GMX ATOM/USD [ETH-USDC]longL +0.0203% / S −0.2202%1h1.8109long leg$4K120x
Reya ATOMRUSDPERP+0.0228%1h1.8097−0.065%$2K25xas long as short
Kraken Futures PF_ATOMUSDshort+0.0243%1h1.8117+0.045%$3.1M$693K50x