Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.055%

Price spread now: Coinbase International against HTX+0.045%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Coinbase International is 0.045% dearer against HTX than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ATOM-USDT	1.7692	0.0100	pay 0.0100% / 8h	1h 08m	$309K	$180K	75x
Short	Coinbase International ATOM-PERP-INTX	1.7700	0.0064	get 0.0008% / 1h	8m 57s	$24K	$4K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. 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 HTXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$7.56
Price spread: +0.045% → 0.000%: $4.52
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$25.04
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 33 min ago; Coinbase International: 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 HTX live order book, 33 min ago	12.44 bp	91.1 bp −$91	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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
Kraken Futures PF_ATOMUSD	−0.0007%	1h	1.7723	+0.173%	$2.9M	$867K	50x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.7727	+0.196%	$62K	$5K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.7712	+0.113%	$487	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.7715	+0.129%	$787	—	150x	as long as short
Coinbase International ATOM-PERP-INTXshort	+0.0064%	1h	1.7700	+0.045%	$24K	$4K	25x
Hyperliquid ATOM	+0.0100%	1h	1.7695	+0.017%	$3.1M	$992K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7693	+0.004%	$962K	$155K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7709	+0.095%	$21.2M	$33.4M	75x	as long as short
Bybit ATOMUSDT	+0.0100%	8h	1.7694	+0.011%	$14.7M	$10.6M	75x	as long as short
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7700	+0.045%	$5.0M	$6.1M	50x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ATOM_USDT	+0.0100%	8h	1.7720	+0.158%	$2.4M	$875K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7700	+0.045%	$8.3M	$5.3M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.7720	+0.158%	$1.5M	$720K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7695	+0.017%	$6.6M	$3.4M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7710	+0.102%	—	$3.9M	—	as long as short
Variational Omni ATOM	+0.0100%	8h	1.7692	−0.002%	$561K	$84K	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7720	+0.156%	$436K	$295K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7716	+0.135%	$749K	$2.7M	10x	as long as short
HTX ATOM-USDTlong	+0.0100%	8h	1.7692	long leg	$309K	$180K	75x
Phemex ATOMUSDT	+0.0100%	8h	1.7700	+0.045%	$1.5M	$2.0M	50x	as long as short
BloFin ATOM-USDT	+0.0102%	8h	1.7710	+0.102%	$927K	$354K	75x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7705	+0.072%	$5K	$274K	10x	as long as short
Injective ATOM/USDC PERP	+0.0118%	1h	1.7720	+0.158%	$646	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0197% / S −0.1340%	1h	1.7711	+0.106%	$2K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.7702	+0.057%	$2K	—	25x	as long as short