Settings8H · net · $10k
Funding arb · Price arb /

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Hyperliquid against KuCoin−0.112%7-day average −0.042% · 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−$104as in the Price arb table
costs, in and out, $10k−$970.975% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.112%, 7d avg −0.042%
Together, before fees+0.246%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.070% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATOMUSDTM1.78900.0100pay 0.0100% / 8h7h 05m$1.5M$690K50x
ShortHyperliquid ATOM1.78700.0100get 0.0013% / 1h5m 16s$3.1M$844K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.112% → −0.042%
−$6.95
Slippage, 4 orders
−$76.48
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$104.43
Costs to cover
0.975%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Hyperliquid: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 10 min ago5.61 bp34.3 bp −$34124.6 bp −$1,246doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.84 bp12.9 bp −$13doesn't fitdoesn't fitdoesn't fit

ATOM on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATOMUSD−0.0263%1h1.7908+0.103%$2.9M$815K50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0197%1h1.7891+0.006%$49225xas long as short
dYdX ATOM-USD0.0000%1h1.7897+0.039%$65K$7K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.7896+0.032%$9K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0016%1h1.7700−1.062%$24K$4K25xas long as short
Phemex ATOMUSDT+0.0055%8h1.7900+0.056%$1.6M$2.0M50xas long as short
BloFin ATOM-USDT+0.0086%8h1.78900.000%$933K$350K75xas long as short
Hyperliquid ATOMshort+0.0100%1h1.7870−0.112%$3.1M$844K5x
Aster ATOMUSDT+0.0100%8h1.7880−0.055%$972K$132K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7900+0.056%$21.4M$32.1M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ATOMUSDT+0.0100%8h1.7882−0.045%$15.0M$10.3M75xas long as short
OKX ATOM-USDT-SWAP+0.0100%8h1.78900.000%$5.1M$6.1M50xas long as short
Gate ATOM_USDT+0.0100%8h1.78900.000%$2.4M$788K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.7880−0.056%$8.4M$5.2M200xas long as short
KuCoin ATOMUSDTMlong+0.0100%8h1.7890long leg$1.5M$690K50x
Bitget ATOMUSDT+0.0100%8h1.7898+0.045%$6.6M$3.1M75xas long as short
BingX ATOM-USDT+0.0100%8h1.78900.000%$7.3Mas long as short
Variational Omni ATOM+0.0100%8h1.7882−0.044%$568K$84Kas long as short
edgeX ATOMUSDC+0.0100%4h1.7882−0.043%$440K$296K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.7881−0.049%$756K$2.5M10xas long as short
HTX ATOM-USDT+0.0100%8h1.7885−0.028%$312K$150K75xas long as short
Extended ATOM-USD+0.0104%1h1.7888−0.011%$7K$277K10xas long as short
Injective ATOM/USDC PERP+0.0171%1h1.7910+0.112%$653$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0197% / S −0.1340%1h1.7899+0.051%$2K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7875−0.082%$2K25xas long as short