Funding you earn now, next payment 05:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%
Price spread now: Kraken Futures against Injective+0.090%63s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1201.199% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now +0.090%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.036% dearer against Injective than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.448%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.7990 | 0.0146 | pay 0.0018% / 1h | 32m 08s | $656 | $290K | 12x |
| Short | Kraken Futures PF_ATOMUSD | 1.8006 | 0.0165 | get 0.0021% / 1h | 32m 08s | $3.1M | $701K | 50x |
Injective ATOM/USDC PERP
Kraken Futures PF_ATOMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $4.05
- Price spread: +0.090% → +0.054%
- $3.61
- Slippage, 4 orders
- −$109.92
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$112.27
- Costs to cover
- 1.199%
- Break-even
- 200.9 days
Slippage from Injective: live order book, 7 min ago; Kraken Futures: live order book, 2 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 Injective live order book, 7 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 11.10 bp | 26.3 bp −$26 | 67.5 bp −$675 | 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 | −0.0256% | 1h | 1.8040 | +0.278% | $25K | $4K | 25x | as long as short |
| Variational Omni ATOM | −0.0005% | 8h | 1.7952 | −0.212% | $574K | $74K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7987 | −0.018% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7994 | +0.022% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7985 | −0.027% | $799 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0077% | 8h | 1.8010 | +0.111% | $1.1M | $307K | 75x | as long as short |
| Bybit ATOMUSDT | +0.0090% | 8h | 1.7970 | −0.111% | $14.9M | $9.7M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0098% | 8h | 1.7970 | −0.111% | $5.0M | $5.6M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7989 | −0.006% | $2.8M | $698K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7970 | −0.111% | $974K | $234K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.7985 | −0.027% | $21.4M | $30.0M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7990 | 0.000% | $2.5M | $800K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7980 | −0.056% | $8.4M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8000 | +0.056% | $1.6M | $666K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7988 | −0.011% | $6.9M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7990 | 0.000% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8003 | +0.074% | $443K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8010 | +0.111% | $761K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7985 | −0.028% | $313K | $175K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7990 | 0.000% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7994 | +0.024% | $5K | $197K | 10x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0146% | 1h | 1.7990 | long leg | $656 | $290K | 12x | |
| Kraken Futures PF_ATOMUSDshort | +0.0165% | 1h | 1.8006 | +0.090% | $3.1M | $701K | 50x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7991 | +0.007% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7974 | −0.090% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP