Funding you earn now, next payment 22:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.026%
Price spread now: Binance against Kraken Futures−0.064%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)−0.420%−$42 · spread now −0.064%, 7d avg −0.096%
=The price spread pays, funding is against you. Binance is 0.032% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.064% now, against its 7-day average of −0.096%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8052 | 0.0204 | pay 0.0025% / 1h | 54m 14s | $3.1M | $671K | 50x |
| Short | Binance ATOMUSDT | 1.8040 | 0.0100 | get 0.0100% / 8h | 2h 54m | $21.6M | $30.4M | 75x |
Kraken Futures PF_ATOMUSD
Binance ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$21.79
- Price spread: −0.064% → −0.096%
- $3.22
- Slippage, 4 orders
- −$37.09
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.67
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Binance: 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 Kraken Futures live order book, 5 min ago | 2.77 bp | 25.2 bp −$25 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.77 bp | 8.4 bp −$8 | 19.7 bp −$197 | 110.1 bp −$11.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0249% | 1h | 1.8039 | −0.070% | $496 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0097% | 8h | 1.8022 | −0.164% | $15.2M | $10.5M | 75x | as long as short |
| Variational Omni ATOM | −0.0067% | 8h | 1.8025 | −0.148% | $575K | $18K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0014% | 8h | 1.8010 | −0.230% | $5.2M | $5.0M | 50x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8020 | −0.175% | $25K | $11K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8090 | +0.212% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8036 | −0.086% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0068% | 8h | 1.8013 | −0.214% | $6.6M | $2.6M | 75x | as long as short |
| BloFin ATOM-USDT | +0.0074% | 8h | 1.8070 | +0.102% | $1.1M | $325K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8017 | −0.192% | $2.8M | $982K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bitget ATOMUSDT
BloFin ATOM-USDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8027 | −0.134% | $981K | $238K | 20x | as long as short |
| Binance ATOMUSDTshort | +0.0100% | 8h | 1.8040 | −0.064% | $21.6M | $30.4M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.230% | $2.5M | $827K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.230% | $8.9M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8030 | −0.120% | $1.6M | $845K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | −0.064% | — | $25.0M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8008 | −0.242% | $443K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8003 | −0.267% | $768K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8024 | −0.153% | $307K | $183K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8020 | −0.175% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8038 | −0.075% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8060 | +0.047% | $659 | $117K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8044 | −0.041% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0204% | 1h | 1.8052 | long leg | $3.1M | $671K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8010 | −0.228% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP