Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%

Price spread now: Reya against KuCoin−0.024%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ATOMUSDTM	1.7790	0.0100	pay 0.0100% / 8h	2h 17m	$1.6M	$721K	50x
Short	Reya ATOMRUSDPERP	1.7786	0.0228	get 0.0029% / 1h	17m 00s	$2K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee KuCoinbpFee ReyabpOrdersPrice spread, now −0.024%Rate

Funding earned: $26.93
Price spread: −0.024% → 0.000%: −$2.42
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $6.51
Costs to cover: 0.180%
Break-even: 5.3 days

Slippage unknown: KuCoin: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

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 KuCoin live order book, 4 min ago	5.64 bp	26.4 bp −$26	120.2 bp −$1,202	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX ATOM-USD	0.0000%	1h	1.7787	−0.018%	$62K	$5K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.7778	−0.067%	$489	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.7776	−0.080%	$789	—	150x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0008%	1h	1.7700	−0.506%	$24K	$4K	25x	as long as short
Variational Omni ATOM	+0.0039%	8h	1.7682	−0.608%	$564K	$81K	—	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.7759	−0.174%	$2.7M	$735K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7760	−0.169%	$965K	$202K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7767	−0.128%	$21.2M	$32.9M	75x	as long as short
Bybit ATOMUSDT	+0.0100%	8h	1.7752	−0.214%	$14.7M	$10.5M	75x	as long as short
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7740	−0.281%	$4.9M	$5.9M	50x	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	1.7780	−0.056%	$2.4M	$862K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7750	−0.225%	$8.4M	$5.2M	200x	as long as short
KuCoin ATOMUSDTMlong	+0.0100%	8h	1.7790	long leg	$1.6M	$721K	50x
Bitget ATOMUSDT	+0.0100%	8h	1.7767	−0.129%	$6.6M	$3.1M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7770	−0.112%	—	$24.4M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7703	−0.487%	$436K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7773	−0.097%	$759K	$2.7M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.7776	−0.079%	$310K	$179K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.7780	−0.056%	$1.5M	$2.0M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7764	−0.147%	$32K	$258K	10x	as long as short
Injective ATOM/USDC PERP	+0.0110%	1h	1.7800	+0.056%	$649	$290K	12x	as long as short
BloFin ATOM-USDT	+0.0117%	8h	1.7790	0.000%	$1.1M	$356K	75x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1340%	1h	1.7778	−0.065%	$2K	—	120x	as long as short
Reya ATOMRUSDPERPshort	+0.0228%	1h	1.7786	−0.024%	$2K	—	25x
Kraken Futures PF_ATOMUSD	+0.0555%	1h	1.7777	−0.074%	$2.9M	$861K	50x	as long as short