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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.024%
Price spread now: Kraken Futures against KuCoin+0.021%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$920.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 3 days (all we have)+0.174%+$17 · spread now +0.021%, 7d avg +0.083%
Together, before fees+0.334%+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.083%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.160%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATOMUSDTM1.81000.0100pay 0.0100% / 8h6h 23m$1.6M$754K50x
ShortKraken Futures PF_ATOMUSD1.8104−0.0010pay 0.0001% / 1h23m 51s$3.1M$703K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$23.11
Price spread: +0.021% → +0.083%
−$6.24
Slippage, 4 orders
−$69.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$121.22
Costs to cover
0.919%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Kraken Futures: live order book, 5 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, 7 min ago5.54 bp24.0 bp −$24120.8 bp −$1,208doesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago8.30 bp19.8 bp −$2055.0 bp −$550doesn't fitdoesn't fit

ATOM on 24 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
Bybit ATOMUSDT−0.0174%8h1.8083−0.094%$15.1M$10.8M75xas long as short
Variational Omni ATOM−0.0097%8h1.8062−0.210%$577K$76Kas long as short
OKX ATOM-USDT-SWAP−0.0090%8h1.8080−0.110%$5.1M$5.7M50xas long as short
Kraken Futures PF_ATOMUSDshort−0.0010%1h1.8104+0.021%$3.1M$703K50x
dYdX ATOM-USD0.0000%1h1.8086−0.075%$63K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.8085−0.083%$497$10K25xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8075−0.136%$1K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0024%1h1.7940−0.884%$25K$11K25xas long as short
Hyperliquid ATOM+0.0100%1h1.8082−0.099%$2.8M$849K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8070−0.166%$979K$245K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.81000.000%$21.4M$31.5M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8080−0.110%$2.5M$822K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8090−0.055%$8.5M$3.1M200xas long as short
KuCoin ATOMUSDTMlong+0.0100%8h1.8100long leg$1.6M$754K50x
Bitget ATOMUSDT+0.0100%8h1.8099−0.006%$6.8M$2.9M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8090−0.055%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8070−0.168%$445K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8061−0.214%$772K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8054−0.254%$314K$180K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8080−0.110%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8092−0.044%$5K$208K10xas long as short
Injective ATOM/USDC PERP+0.0171%1h1.8090−0.055%$660$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8079−0.115%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8062−0.210%$2K25xas long as short