Funding you earn now, next payment 04:00 UTC−0.0258%/8h= −28.2% APRpaid last 24h +0.025%
Price spread now: MEXC against Kraken Futures−0.014%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)−0.420%−$42 · spread now −0.014%, 7d avg −0.133%
=The price spread pays, funding is against you. MEXC is 0.118% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.133%): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% 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 | 1.7993 | 0.0358 | pay 0.0045% / 1h | 48m 17s | $3.1M | $712K | 50x |
| Short | MEXC ATOM_USDT | 1.7990 | 0.0100 | get 0.0100% / 8h | 4h 48m | $8.5M | $3.0M | 200x |
Kraken Futures PF_ATOMUSD
MEXC ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$54.16
- Price spread: −0.014% → −0.133%
- $11.83
- Slippage, 4 orders
- −$38.03
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$90.36
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; MEXC: 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, 6 min ago | 11.06 bp | 17.1 bp −$17 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.77 bp | 5.7 bp −$6 | 14.4 bp −$144 | 67.9 bp −$6,795 | 155.0 bp −$77.5K |
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 | 1.7940 | −0.292% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0306% | 1h | 1.7974 | −0.103% | $494 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0076% | 8h | 1.8012 | +0.107% | $576K | $74K | — | as long as short |
| Bybit ATOMUSDT | −0.0057% | 8h | 1.7980 | −0.070% | $14.9M | $9.9M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0014% | 8h | 1.7970 | −0.125% | $5.0M | $5.5M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8007 | +0.079% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8006 | +0.072% | $800 | — | 150x | as long as short |
| BloFin ATOM-USDT | +0.0079% | 8h | 1.8020 | +0.152% | $1.1M | $297K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7996 | +0.019% | $2.8M | $732K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8013 | +0.115% | $976K | $234K | 20x | as long as short |
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
Bybit ATOMUSDT
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
BloFin ATOM-USDT
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 | 1.7993 | +0.003% | $21.4M | $29.7M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7990 | −0.014% | $2.5M | $808K | 75x | as long as short |
| MEXC ATOM_USDTshort | +0.0100% | 8h | 1.7990 | −0.014% | $8.5M | $3.0M | 200x | |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8000 | +0.041% | $1.6M | $672K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7993 | +0.002% | $6.8M | $2.6M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7980 | −0.070% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8072 | +0.444% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8082 | +0.498% | $764K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7969 | −0.131% | $313K | $175K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7990 | −0.014% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7988 | −0.023% | $5K | $199K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0116% | 1h | 1.8040 | +0.264% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7996 | +0.017% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7977 | −0.085% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0358% | 1h | 1.7993 | long leg | $3.1M | $712K | 50x |
Binance ATOMUSDT
Gate ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
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