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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against OKX0.000%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 7 days+0.031%+$3 · spread now 0.000%, 7d avg +0.041%
Together, before fees+0.149%+$15 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: Bybit is 0.041% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ATOM-USDT-SWAP1.77500.0100pay 0.0100% / 8h2h 00m$5.0M$5.9M50x
ShortBybit ATOMUSDT1.77500.0100get 0.0100% / 8h2h 00m$14.7M$10.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: 0.000% → +0.041%
−$4.05
Slippage, 4 orders
−$31.41
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$56.46
Costs to cover
0.524%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 3 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 OKX live order book, 2 min ago2.82 bp13.0 bp −$1347.0 bp −$470doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.82 bp12.8 bp −$1326.6 bp −$26685.3 bp −$8,534doesn'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−0.0256%1h1.7765+0.085%$488$10K25xas long as short
dYdX ATOM-USD0.0000%1h1.7787+0.206%$62K$5K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.7778+0.158%$789150xas long as short
Coinbase International ATOM-PERP-INTX+0.0008%1h1.7700−0.282%$24K$4K25xas long as short
Variational Omni ATOM+0.0068%8h1.7752+0.010%$564K$84Kas long as short
Hyperliquid ATOM+0.0100%1h1.77500.000%$2.8M$795K5xas long as short
Aster ATOMUSDT+0.0100%8h1.7777+0.150%$966K$202K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7760+0.056%$21.2M$33.2M75xas long as short
Bybit ATOMUSDTshort+0.0100%8h1.77500.000%$14.7M$10.5M75x
OKX ATOM-USDT-SWAPlong+0.0100%8h1.7750long leg$5.0M$5.9M50x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ATOM_USDT+0.0100%8h1.7770+0.113%$2.4M$865K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.77500.000%$8.5M$5.3M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.7770+0.113%$1.6M$725K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7759+0.051%$6.7M$3.4M75xas long as short
BingX ATOM-USDT+0.0100%8h1.7770+0.113%$4.0Mas long as short
edgeX ATOMUSDC+0.0100%4h1.7774+0.134%$437K$297K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.7781+0.173%$751K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.7771+0.118%$310K$180K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.7770+0.113%$1.5M$2.0M50xas long as short
Extended ATOM-USD+0.0104%1h1.7765+0.084%$10K$277K10xas long as short
Injective ATOM/USDC PERP+0.0110%1h1.7800+0.282%$649$290K12xas long as short
BloFin ATOM-USDT+0.0113%8h1.77500.000%$1.1M$355K75xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1340%1h1.7771+0.117%$2K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7752+0.011%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0555%1h1.7779+0.161%$2.9M$862K50xas long as short