Funding you earn now, next payment 22:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.024%
Price spread now: Bitget against Kraken Futures−0.279%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.065%−$6 · spread now −0.279%, 7d avg −0.162%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.117% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.162%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.083%, 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 | 1.8079 | 0.0203 | pay 0.0025% / 1h | 12m 49s | $3.1M | $669K | 50x |
| Short | Bitget ATOMUSDT | 1.8029 | 0.0099 | get 0.0099% / 8h | 2h 12m | $6.8M | $2.7M | 75x |
Kraken Futures PF_ATOMUSD
Bitget ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21.93
- Price spread: −0.279% → −0.162%
- −$11.66
- Slippage, 4 orders
- −$64.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.48
- Costs to cover
- 0.869%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Bitget: live order book, 5 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, 1 min ago | 13.82 bp | 23.8 bp −$24 | 74.6 bp −$746 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.76 bp | 13.4 bp −$13 | 22.1 bp −$221 | 107.0 bp −$10.7K | 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 | −0.0359% | 1h | 1.8050 | −0.163% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0051% | 8h | 1.8030 | −0.273% | $5.2M | $5.0M | 50x | as long as short |
| Variational Omni ATOM | −0.0020% | 8h | 1.8064 | −0.084% | $577K | $18K | — | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.612% | $26K | $12K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0007% | 8h | 1.8030 | −0.273% | $15.2M | $10.4M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8059 | −0.112% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8058 | −0.118% | $9K | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0081% | 8h | 1.8100 | +0.114% | $1.1M | $325K | 75x | as long as short |
| Bitget ATOMUSDTshort | +0.0099% | 8h | 1.8029 | −0.279% | $6.8M | $2.7M | 75x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8041 | −0.212% | $2.8M | $925K | 5x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
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 | 1.8057 | −0.124% | $983K | $243K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8041 | −0.215% | $21.5M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.273% | $2.5M | $834K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.218% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8060 | −0.107% | $1.6M | $825K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | −0.218% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8092 | +0.071% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8100 | +0.113% | $772K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8035 | −0.245% | $308K | $185K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8060 | −0.107% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8058 | −0.119% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8100 | +0.114% | $660 | $174K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0199% / S −0.1513% | 1h | 1.8058 | −0.118% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0203% | 1h | 1.8079 | long leg | $3.1M | $669K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8033 | −0.254% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance 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