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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h −0.017%
Price spread now: Hyperliquid against OKX+0.050%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days+0.053%+$5 · spread now +0.050%, 7d avg +0.038%
Together, before fees+0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ATOM-USDT-SWAP1.8060−0.0030get 0.0030% / 8h2h 41m$5.2M$5.0M50x
ShortHyperliquid ATOM1.80690.0100get 0.0013% / 1h41m 46s$2.8M$982K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$27.36
Price spread: +0.050% → +0.038%
$1.22
Slippage, 4 orders
−$38.01
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$28.42
Costs to cover
0.570%
Break-even
14.3 days
Slippage from OKX: live order book, 1 min ago; Hyperliquid: live order book, 9 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, 1 min ago2.77 bp15.2 bp −$1555.7 bp −$557doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.39 bp13.0 bp −$13doesn'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−0.0302%1h1.8090+0.166%$497$10K25xas long as short
Bybit ATOMUSDT−0.0082%8h1.8062+0.011%$15.2M$10.4M75xas long as short
Variational Omni ATOM−0.0066%8h1.8025−0.193%$576K$18Kas long as short
OKX ATOM-USDT-SWAPlong−0.0030%8h1.8060long leg$5.2M$5.0M50x
Coinbase International ATOM-PERP-INTX−0.0008%1h1.80600.000%$25K$11K25xas long as short
dYdX ATOM-USD0.0000%1h1.8099+0.217%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8090+0.163%$9K150xas long as short
Bitget ATOMUSDT+0.0067%8h1.8083+0.127%$6.6M$2.6M75xas long as short
BloFin ATOM-USDT+0.0087%8h1.8110+0.277%$1.1M$325K75xas long as short
Hyperliquid ATOMshort+0.0100%1h1.8069+0.050%$2.8M$982K5x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8073+0.071%$983K$238K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8079+0.106%$21.6M$30.1M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8080+0.111%$2.5M$828K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8070+0.055%$9.0M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8090+0.166%$1.6M$800K50xas long as short
BingX ATOM-USDT+0.0100%8h1.8080+0.111%$25.0Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8062+0.008%$444K$297K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.80600.000%$765K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8063+0.017%$308K$183K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8080+0.111%$1.6M$1.8M50xas long as short
Extended ATOM-USD+0.0104%1h1.8080+0.111%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8090+0.166%$660$117K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8092+0.176%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8102+0.232%$3.1M$671K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8066+0.031%$2K25xas long as short