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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Hyperliquid against Phemex−0.022%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now −0.022%, 7d avg −0.042%
Together, before fees−0.014%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ATOMUSDT1.80700.0100pay 0.0100% / 8h6h 18m$1.6M$1.9M50x
ShortHyperliquid ATOM1.80660.0100get 0.0013% / 1h18m 52s$2.8M$850K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Phemex. 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: −0.022% → −0.042%
$1.98
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19.02
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago2.76 bp14.5 bp −$1540.5 bp −$405114.7 bp −$11.5Kdoesn't fit
Sell Hyperliquid live order book, 2 min ago0.83 bp13.0 bp −$13doesn't fitdoesn'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
Bybit ATOMUSDT−0.0199%8h1.8060−0.055%$15.1M$10.8M75xas long as short
OKX ATOM-USDT-SWAP−0.0100%8h1.80700.000%$5.1M$5.7M50xas long as short
Variational Omni ATOM−0.0097%8h1.8062−0.046%$578K$76Kas long as short
Kraken Futures PF_ATOMUSD−0.0010%1h1.8087+0.095%$3.1M$703K50xas long as short
dYdX ATOM-USD0.0000%1h1.8097+0.148%$63K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.8075+0.028%$497$10K25xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8076+0.032%$1K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0024%1h1.7940−0.719%$25K$11K25xas long as short
Hyperliquid ATOMshort+0.0100%1h1.8066−0.022%$2.8M$850K5x
Aster ATOMUSDT+0.0100%8h1.80700.000%$979K$245K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8090+0.111%$21.4M$31.3M75xas long as short
Gate ATOM_USDT+0.0100%8h1.80700.000%$2.5M$823K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8080+0.055%$8.5M$3.1M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8090+0.111%$1.6M$753K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8076+0.033%$6.8M$2.9M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8090+0.111%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8086+0.090%$445K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.80700.000%$772K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8054−0.089%$314K$180K75xas long as short
Phemex ATOMUSDTlong+0.0100%8h1.8070long leg$1.6M$1.9M50x
Extended ATOM-USD+0.0104%1h1.8085+0.083%$5K$208K10xas long as short
Injective ATOM/USDC PERP+0.0171%1h1.8100+0.166%$660$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8071+0.007%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8057−0.071%$2K25xas long as short