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+0.0200%/8h= +21.9% APRpaid last 24h +0.016%
Price spread now: Extended against OKX+0.054%7-day average +0.058% · 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−$55as in the Price arb table
costs, in and out, $10k−$550.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.054%, 7d avg +0.058%
Together, before fees+0.123%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ATOM-USDT-SWAP1.7990−0.0096get 0.0096% / 8h6h 09m$5.1M$5.6M50x
ShortExtended ATOM-USD1.80000.0104get 0.0013% / 1h9m 43s$5K$208K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$41.92
Price spread: +0.054% → +0.058%
−$0.44
Slippage, 4 orders
−$39.55
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$13.07
Costs to cover
0.545%
Break-even
9.2 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 57 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, 3 min ago2.77 bp15.0 bp −$1548.8 bp −$488doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago4.68 bp12.7 bp −$1358.5 bp −$585doesn'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
Deribit ATOM_USDC-PERPETUAL−0.0305%1h1.8015+0.139%$495$10K25xas long as short
Bybit ATOMUSDT−0.0233%8h1.7995+0.028%$15.1M$10.7M75xas long as short
Variational Omni ATOM−0.0113%8h1.8032+0.233%$576K$76Kas long as short
OKX ATOM-USDT-SWAPlong−0.0096%8h1.7990long leg$5.1M$5.6M50x
Kraken Futures PF_ATOMUSD−0.0010%1h1.8036+0.253%$3.1M$703K50xas long as short
dYdX ATOM-USD0.0000%1h1.8066+0.425%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8033+0.237%$1K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0024%1h1.7940−0.278%$25K$7K25xas long as short
Hyperliquid ATOM+0.0100%1h1.7997+0.039%$2.8M$767K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8048+0.320%$978K$245K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8003+0.075%$21.3M$31.1M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8010+0.111%$2.5M$824K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8010+0.111%$8.5M$3.1M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8030+0.222%$1.6M$753K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8002+0.067%$6.8M$2.9M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8020+0.167%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8048+0.324%$444K$296K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8060+0.389%$772K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8025+0.195%$313K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8040+0.278%$1.6M$1.9M50xas long as short
Extended ATOM-USDshort+0.0104%1h1.8000+0.054%$5K$208K10x
Injective ATOM/USDC PERP+0.0171%1h1.8070+0.445%$659$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8020+0.167%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8011+0.119%$2K25xas long as short