Funding you earn now, next payment 22:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.038%
Price spread now: Injective against Kraken Futures−0.028%63s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$1111.107% of the position
Funding, last 7 days+0.495%+$50 on $10k
+Price spread, last 3 days (all we have)−0.316%−$32 · spread now −0.028%, 7d avg −0.052%
=The price spread pays, funding is against you. Injective is 0.024% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.052%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.495%, so the current rate has only just turned against you. 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 | Kraken Futures PF_ATOMUSD | 1.8065 | 0.0204 | pay 0.0025% / 1h | 47m 51s | $3.1M | $672K | 50x |
| Short | Injective ATOM/USDC PERP | 1.8060 | 0.0132 | get 0.0016% / 1h | 47m 51s | $659 | $117K | 12x |
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$15.07
- Price spread: −0.028% → −0.052%
- $2.39
- Slippage, 4 orders
- −$100.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$123.33
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Injective: live order book, 26 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 | 5.54 bp | 20.8 bp −$21 | 57.2 bp −$572 | doesn't fit | doesn't fit |
| Sell Injective live order book, 26 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0248% | 1h | 1.8048 | −0.094% | $496 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0097% | 8h | 1.8030 | −0.194% | $15.2M | $10.5M | 75x | as long as short |
| Variational Omni ATOM | −0.0064% | 8h | 1.8015 | −0.276% | $576K | $18K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0016% | 8h | 1.8010 | −0.304% | $5.2M | $5.0M | 50x | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8020 | −0.249% | $25K | $11K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8043 | −0.122% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8049 | −0.086% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0068% | 8h | 1.8038 | −0.149% | $6.6M | $2.6M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8045 | −0.111% | $2.8M | $982K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8054 | −0.063% | $982K | $238K | 20x | 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
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 | 1.8043 | −0.124% | $21.5M | $30.1M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.194% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.138% | $9.0M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8040 | −0.138% | $1.6M | $801K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | −0.138% | — | $25.0M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | −0.103% | $444K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8020 | −0.249% | $761K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7984 | −0.448% | $306K | $183K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8050 | −0.083% | $1.6M | $1.8M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8048 | −0.096% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0118% | 8h | 1.8020 | −0.249% | $1.1M | $324K | 75x | as long as short |
| Injective ATOM/USDC PERPshort | +0.0132% | 1h | 1.8060 | −0.028% | $659 | $117K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8052 | −0.070% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0204% | 1h | 1.8065 | long leg | $3.1M | $672K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8027 | −0.212% | $2K | — | 25x | as long as short |
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
BloFin ATOM-USDT
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP