Funding you earn now, next payment 04:00 UTC−0.0255%/8h= −28.0% APRpaid last 24h +0.025%
Price spread now: edgeX against Kraken Futures−0.215%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 4 days (all we have)−0.439%−$44 · spread now −0.215%, 7d avg −0.167%
=Together, before fees−0.284%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.048% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.167%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8116 | 0.0355 | pay 0.0044% / 1h | 1m 05s | $3.1M | $704K | 50x |
| Short | edgeX ATOMUSDC | 1.8077 | 0.0100 | get 0.0050% / 4h | 1m 05s | $445K | $296K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$53.65
- Price spread: −0.215% → −0.167%
- −$4.82
- Slippage, 4 orders
- −$59.85
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$137.31
- Costs to cover
- 0.788%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; edgeX: live order book, 57 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, 3 min ago | 11.05 bp | 19.7 bp −$20 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 11.09 bp | 18.2 bp −$18 | 108.1 bp −$1,081 | 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 | −0.0312% | 1h | 1.8040 | −0.418% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0137% | 1h | 1.8097 | −0.104% | $497 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0042% | 8h | 1.8082 | −0.187% | $578K | $74K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8097 | −0.106% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8103 | −0.068% | $804 | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0024% | 8h | 1.8101 | −0.081% | $15.0M | $9.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0040% | 8h | 1.8100 | −0.087% | $5.0M | $5.6M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8116 | +0.001% | $2.8M | $697K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8082 | −0.184% | $980K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8112 | −0.023% | $21.5M | $29.9M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.142% | $2.5M | $813K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.142% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8120 | +0.023% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8104 | −0.065% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8100 | −0.087% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDCshort | +0.0100% | 4h | 1.8077 | −0.215% | $445K | $296K | 10x | |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8070 | −0.253% | $773K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8074 | −0.230% | $315K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8100 | −0.087% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8096 | −0.111% | $5K | $200K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0116% | 8h | 1.8110 | −0.032% | $1.1M | $300K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8100 | −0.087% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8097 | −0.105% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8087 | −0.158% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0355% | 1h | 1.8116 | long leg | $3.1M | $704K | 50x |
Kraken Futures PF_ATOMUSD
edgeX ATOMUSDC
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]