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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.14 per $10,000 · paid last 24h −0.034%
Price spread now: Coinbase International against Hyperliquid−0.177%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.177% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ATOM1.80920.0100pay 0.0013% / 1h42m 37s$2.8M$982K5x
ShortCoinbase International ATOM-PERP-INTX1.8060−0.0008pay 0.0001% / 1h42m 37s$25K$11K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. 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
−$22.68
Price spread: −0.177% → 0.000%
−$17.69
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$59.37
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago1.39 bp14.7 bp −$15doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ATOM_USDC-PERPETUAL−0.0247%1h1.8089−0.017%$497$10K25xas long as short
Bybit ATOMUSDT−0.0082%8h1.8085−0.039%$15.2M$10.4M75xas long as short
Variational Omni ATOM−0.0066%8h1.8025−0.370%$576K$18Kas long as short
OKX ATOM-USDT-SWAP−0.0024%8h1.8070−0.122%$5.2M$5.0M50xas long as short
Coinbase International ATOM-PERP-INTXshort−0.0008%1h1.8060−0.177%$25K$11K25x
dYdX ATOM-USD0.0000%1h1.8099+0.040%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8093+0.006%$9K150xas long as short
Bitget ATOMUSDT+0.0067%8h1.8085−0.039%$6.6M$2.6M75xas long as short
BloFin ATOM-USDT+0.0087%8h1.8110+0.099%$1.1M$325K75xas long as short
Hyperliquid ATOMlong+0.0100%1h1.8092long leg$2.8M$982K5x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8087−0.029%$984K$238K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8106+0.076%$21.6M$30.1M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8090−0.011%$2.5M$828K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8100+0.044%$9.0M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8100+0.044%$1.6M$800K50xas long as short
BingX ATOM-USDT+0.0100%8h1.8080−0.066%$25.0Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8062−0.168%$444K$297K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8060−0.177%$765K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8083−0.050%$308K$183K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8090−0.011%$1.6M$1.8M50xas long as short
Extended ATOM-USD+0.0104%1h1.8104+0.066%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8090−0.011%$660$117K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8091−0.006%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8108+0.088%$3.1M$671K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8071−0.115%$2K25xas long as short