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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: edgeX against Hyperliquid−0.113%86s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.113%, 7d avg −0.002%
Together, before fees+0.272%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$27 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: edgeX is 0.111% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ATOM1.80820.0100pay 0.0013% / 1h42m 04s$2.8M$982K5x
ShortedgeX ATOMUSDC1.80620.0100get 0.0050% / 4h2h 42m$444K$297K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: −0.113% → −0.002%
−$11.11
Slippage, 4 orders
−$40.33
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$69.44
Costs to cover
0.583%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; edgeX: live order book, 46 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 Hyperliquid live order book, 9 min ago1.39 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 46 min ago8.29 bp15.4 bp −$15113.0 bp −$1,130doesn'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
Deribit ATOM_USDC-PERPETUAL−0.0302%1h1.8090+0.044%$497$10K25xas long as short
Bybit ATOMUSDT−0.0082%8h1.8070−0.066%$15.2M$10.4M75xas long as short
Variational Omni ATOM−0.0066%8h1.8025−0.315%$576K$18Kas long as short
OKX ATOM-USDT-SWAP−0.0026%8h1.8070−0.066%$5.2M$5.0M50xas long as short
Coinbase International ATOM-PERP-INTX−0.0008%1h1.8060−0.122%$25K$11K25xas long as short
dYdX ATOM-USD0.0000%1h1.8099+0.096%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8090+0.041%$9K150xas long as short
Bitget ATOMUSDT+0.0067%8h1.8083+0.006%$6.6M$2.6M75xas long as short
BloFin ATOM-USDT+0.0087%8h1.8110+0.155%$1.1M$325K75xas long as short
Hyperliquid ATOMlong+0.0100%1h1.8082long leg$2.8M$982K5x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8075−0.039%$984K$238K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8081−0.007%$21.6M$30.1M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8080−0.011%$2.5M$828K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8070−0.066%$9.0M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8090+0.044%$1.6M$800K50xas long as short
BingX ATOM-USDT+0.0100%8h1.8080−0.011%$25.0Mas long as short
edgeX ATOMUSDCshort+0.0100%4h1.8062−0.113%$444K$297K10x
GRVT ATOM_USDT_Perp+0.0100%8h1.8060−0.122%$765K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8063−0.105%$308K$183K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8080−0.011%$1.6M$1.8M50xas long as short
Extended ATOM-USD+0.0104%1h1.8078−0.023%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8090+0.044%$660$117K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8092+0.054%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8102+0.110%$3.1M$671K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8066−0.091%$2K25xas long as short