Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.119%

Price spread now: Deribit against MEXC+0.088%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Deribit

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—needs both histories

The price spread pays, funding is against you. Deribit is 0.088% dearer against MEXC than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ATOM_USDT	1.8090	0.0100	pay 0.0100% / 8h	7h 41m	$9.1M	$3.0M	200x
Short	Deribit ATOM_USDC-PERPETUAL	1.8106	0	get 0.0000% / 1h	41m 46s	$498	$10K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against MEXC. 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 MEXCbpFee DeribitbpOrdersPrice spread, now +0.088%Rate

Funding earned: −$21
Price spread: +0.088% → 0.000%: $8.84
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$19.16
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: MEXC: live order book, 1 min ago; Deribit: 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 MEXC live order book, 1 min ago	2.76 bp	8.2 bp −$8	15.9 bp −$159	94.2 bp −$9,424	162.4 bp −$81.2K
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Bybit ATOMUSDT	−0.0134%	8h	1.8090	0.000%	$15.1M	$10.8M	75x	as long as short
OKX ATOM-USDT-SWAP	−0.0068%	8h	1.8070	−0.111%	$5.1M	$5.5M	50x	as long as short
Variational Omni ATOM	−0.0063%	8h	1.8002	−0.485%	$575K	$80K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8096	+0.034%	$63K	$4K	10x	as long as short
Deribit ATOM_USDC-PERPETUALshort	0.0000%	1h	1.8106	+0.088%	$498	$10K	25x
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.8097	+0.037%	$9K	—	150x	as long as short
Phemex ATOMUSDT	+0.0046%	8h	1.8100	+0.055%	$1.6M	$1.9M	50x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0080%	1h	1.8080	−0.055%	$25K	$12K	25x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8081	−0.050%	$2.8M	$860K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8089	−0.006%	$984K	$230K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ATOMUSDT	+0.0100%	8h	1.8091	+0.004%	$21.5M	$31.5M	75x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.8090	0.000%	$2.5M	$851K	75x	as long as short
MEXC ATOM_USDTlong	+0.0100%	8h	1.8090	long leg	$9.1M	$3.0M	200x
KuCoin ATOMUSDTM	+0.0100%	8h	1.8110	+0.111%	$1.6M	$794K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8091	+0.006%	$6.8M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8090	0.000%	—	$24.8M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8054	−0.200%	$444K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8055	−0.191%	$770K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8085	−0.028%	$309K	$166K	75x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8104	+0.078%	$5K	$225K	10x	as long as short
Kraken Futures PF_ATOMUSD	+0.0121%	1h	1.8121	+0.171%	$3.1M	$696K	50x	as long as short
BloFin ATOM-USDT	+0.0123%	8h	1.8080	−0.055%	$1.1M	$325K	75x	as long as short
Injective ATOM/USDC PERP	+0.0132%	1h	1.8080	−0.055%	$660	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1417%	1h	1.8108	+0.102%	$3K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8089	−0.006%	$2K	—	25x	as long as short