Funding you earn now, next payment 04:00 UTC+0.0256%/8h= +28.0% APRpaid last 24h −0.025%
Price spread now: Kraken Futures against HTX+0.045%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1541.536% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)+0.263%+$26 · spread now +0.045%, 7d avg +0.188%
=Funding pays, the price is against you. Kraken Futures is 0.143% cheaper against HTX than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.188%). If the spread goes back, that is −$14 on $10k: about 45 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ATOM-USDT | 1.8081 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $315K | $175K | 75x |
| Short | Kraken Futures PF_ATOMUSD | 1.8089 | 0.0356 | get 0.0045% / 1h | 52m 44s | $3.1M | $712K | 50x |
HTX ATOM-USDT
Kraken Futures PF_ATOMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against HTX. 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
- $53.76
- Price spread: +0.045% → +0.188%
- −$14.25
- Slippage, 4 orders
- −$131.63
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$114.13
- Costs to cover
- 1.536%
- Break-even
- 21.9 days
Slippage from HTX: live order book, 4 min ago; Kraken Futures: live order book, 1 min ago.
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, 4 min ago | 17.72 bp | 92.9 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 11.06 bp | 19.4 bp −$19 | 41.5 bp −$415 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0312% | 1h | 1.7940 | −0.780% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0192% | 1h | 1.8073 | −0.044% | $497 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0068% | 8h | 1.8102 | +0.116% | $577K | $74K | — | as long as short |
| Bybit ATOMUSDT | −0.0056% | 8h | 1.8033 | −0.265% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0020% | 8h | 1.8020 | −0.337% | $5.1M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8067 | −0.078% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8076 | −0.028% | $803 | — | 150x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8063 | −0.100% | $2.8M | $727K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8080 | −0.006% | $980K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8038 | −0.238% | $21.4M | $29.7M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.006% | $2.5M | $807K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.282% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | −0.171% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8064 | −0.094% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8070 | −0.061% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8086 | +0.027% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8024 | −0.313% | $761K | $2.7M | 10x | as long as short |
| HTX ATOM-USDTlong | +0.0100% | 8h | 1.8081 | long leg | $315K | $175K | 75x | |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8070 | −0.061% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8063 | −0.098% | $5K | $204K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8110 | +0.160% | $661 | $290K | 12x | as long as short |
| BloFin ATOM-USDT | +0.0129% | 8h | 1.8070 | −0.061% | $1.1M | $298K | 75x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8079 | −0.010% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8065 | −0.088% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0356% | 1h | 1.8089 | +0.045% | $3.1M | $712K | 50x |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
BloFin ATOM-USDT
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP