Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.099%

Price spread now: Deribit against GRVT+0.211%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Deribit

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.211% dearer against GRVT than usual: you sell high and buy low (spread +0.211% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ATOM_USDT_Perp	1.8020	0.0100	pay 0.0100% / 8h	1h 56m	$769K	$3.0M	10x
Short	Deribit ATOM_USDC-PERPETUAL	1.8058	−0.0248	pay 0.0031% / 1h	56m 30s	$496	$10K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GRVT. 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 GRVTbpFee DeribitbpOrdersPrice spread, now +0.211%Rate

Funding earned: −$73.08
Price spread: +0.211% → 0.000%: $21.09
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$67.99
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: GRVT: live order book, 2 min ago; Deribit: 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 GRVT live order book, 2 min ago	5.55 bp	12.5 bp −$13	35.1 bp −$351	6782.3 bp −$678.2K	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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-PERPETUALshort	−0.0248%	1h	1.8058	+0.211%	$496	$10K	25x
OKX ATOM-USDT-SWAP	−0.0066%	8h	1.8060	+0.222%	$5.2M	$5.1M	50x	as long as short
Variational Omni ATOM	−0.0016%	8h	1.8014	−0.032%	$576K	$18K	—	as long as short
Bybit ATOMUSDT	−0.0002%	8h	1.8070	+0.277%	$15.2M	$10.3M	75x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8086	+0.366%	$63K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.8042	+0.123%	$9K	—	150x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0032%	1h	1.8190	+0.943%	$26K	$12K	25x	as long as short
BloFin ATOM-USDT	+0.0094%	8h	1.8030	+0.055%	$1.1M	$324K	75x	as long as short
Kraken Futures PF_ATOMUSD	+0.0100%	1h	1.8071	+0.285%	$3.1M	$665K	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8075	+0.305%	$2.8M	$914K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ATOMUSDT	+0.0100%	8h	1.8058	+0.212%	$983K	$243K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8080	+0.333%	$21.6M	$30.4M	75x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.8050	+0.166%	$2.5M	$828K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8080	+0.333%	$9.1M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8050	+0.166%	$1.6M	$824K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8075	+0.305%	$6.8M	$2.7M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8060	+0.222%	—	$24.6M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8032	+0.065%	$444K	$292K	10x	as long as short
GRVT ATOM_USDT_Perplong	+0.0100%	8h	1.8020	long leg	$769K	$3.0M	10x
HTX ATOM-USDT	+0.0100%	8h	1.8054	+0.189%	$308K	$177K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8040	+0.111%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8078	+0.323%	$6K	$184K	10x	as long as short
Injective ATOM/USDC PERP	+0.0143%	1h	1.8040	+0.111%	$658	$233K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0201% / S −0.1956%	1h	1.8046	+0.142%	$3K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8022	+0.013%	$2K	—	25x	as long as short