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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.013%
Price spread now: Injective against MEXC+0.221%115s7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$820.821% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.431%+$43 on $10k
Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.221%, 7d avg +0.073%
Together, before fees+0.348%+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.147% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.073%. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ATOM_USDT1.81400.0100pay 0.0100% / 8h1h 17m$9.1M$2.9M200x
ShortInjective ATOM/USDC PERP1.81800.0143get 0.0018% / 1h17m 18s$663$290K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$9
Price spread: +0.221% → +0.073%
$14.72
Slippage, 4 orders
−$82.09
Fee MEXC: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$58.39
Costs to cover
0.821%
Break-even
52.4 days
Slippage from MEXC: live order book, just now; Injective: live order book, 52 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 MEXC live order book, just now2.75 bp7.3 bp −$716.0 bp −$16086.3 bp −$8,633160.5 bp −$80.2K
Sell Injective live order book, 52 min ago36.00 bp36.0 bp −$36doesn'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
Deribit ATOM_USDC-PERPETUAL−0.0300%1h1.8156+0.088%$499$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0095%8h1.81400.000%$5.2M$5.3M50xas long as short
dYdX ATOM-USD0.0000%1h1.8157+0.096%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8158+0.099%$9K150xas long as short
Variational Omni ATOM+0.0005%8h1.8153+0.070%$589K$52Kas long as short
Bybit ATOMUSDT+0.0018%8h1.8150+0.055%$15.3M$10.5M75xas long as short
Coinbase International ATOM-PERP-INTX+0.0032%1h1.8150+0.055%$25K$12K25xas long as short
BloFin ATOM-USDT+0.0095%8h1.8160+0.110%$1.1M$337K75xas long as short
Kraken Futures PF_ATOMUSD+0.0099%1h1.8177+0.204%$3.1M$677K50xas long as short
Hyperliquid ATOM+0.0100%1h1.8157+0.094%$2.8M$911K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8160+0.110%$988K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8152+0.067%$21.7M$30.8M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8150+0.055%$2.5M$845K75xas long as short
MEXC ATOM_USDTlong+0.0100%8h1.8140long leg$9.1M$2.9M200x
KuCoin ATOMUSDTM+0.0100%8h1.8170+0.165%$1.6M$840K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8151+0.061%$6.9M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8160+0.110%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8171+0.173%$447K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8150+0.055%$767K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8159+0.105%$311K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8150+0.055%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8148+0.047%$6K$184K10xas long as short
Injective ATOM/USDC PERPshort+0.0143%1h1.8180+0.221%$663$290K12x
GMX ATOM/USD [ETH-USDC]L +0.0203% / S −0.2202%1h1.8161+0.117%$4K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8146+0.031%$2K25xas long as short