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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: Hyperliquid against GRVT−0.451%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$630.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 7 days+0.517%+$52 · spread now −0.451%, 7d avg −0.009%
Together, before fees+0.375%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.442% cheaper against GRVT than usual: you would sell low and buy high, −$44 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ATOM_USDT_Perp1.80100.0100pay 0.0100% / 8h5h 47m$761K$2.8M10x
ShortHyperliquid ATOM1.79290.0100get 0.0013% / 1h47m 07s$2.8M$759K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: −0.451% → −0.009%
−$44.24
Slippage, 4 orders
−$44.94
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$107.19
Costs to cover
0.629%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Hyperliquid: live order book, 4 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 GRVT live order book, 2 min ago11.14 bp17.0 bp −$1772.6 bp −$7267085.1 bp −$708.5Kdoesn't fit
Sell Hyperliquid live order book, 4 min ago0.83 bp11.3 bp −$11doesn't fitdoesn'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
Coinbase International ATOM-PERP-INTX−0.0224%1h1.7940−0.390%$25K$6K25xas long as short
Bybit ATOMUSDT−0.0163%8h1.7930−0.446%$15.0M$10.0M75xas long as short
Variational Omni ATOM−0.0105%8h1.8001−0.049%$575K$74Kas long as short
OKX ATOM-USDT-SWAP−0.0090%8h1.7910−0.557%$5.1M$5.5M50xas long as short
dYdX ATOM-USD0.0000%1h1.7967−0.242%$63K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.7944−0.368%$493$10K25xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.7958−0.291%$797150xas long as short
Hyperliquid ATOMshort+0.0100%1h1.7929−0.451%$2.8M$759K5x
Aster ATOMUSDT+0.0100%8h1.7958−0.289%$973K$239K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7950−0.335%$21.3M$30.1M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ATOM_USDT+0.0100%8h1.7940−0.390%$2.5M$820K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.7930−0.446%$8.4M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.7960−0.279%$1.6M$687K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7940−0.390%$6.7M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.7940−0.390%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.7945−0.362%$441K$295K10xas long as short
GRVT ATOM_USDT_Perplong+0.0100%8h1.8010long leg$761K$2.8M10x
HTX ATOM-USDT+0.0100%8h1.7903−0.596%$312K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.7950−0.335%$1.5M$1.9M50xas long as short
BloFin ATOM-USDT+0.0100%8h1.7960−0.279%$308K75xas long as short
Extended ATOM-USD+0.0104%1h1.7945−0.361%$5K$203K10xas long as short
Kraken Futures PF_ATOMUSD+0.0124%1h1.7954−0.314%$3.1M$690K50xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.7960−0.279%$655$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.7949−0.340%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7932−0.433%$2K25xas long as short