ATOM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h −0.007%

Price spread now: Kraken Futures against Phemex+0.128%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$730.728% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 3 days (all we have)+0.119%+$12 · spread now +0.128%, 7d avg +0.120%

Together, before fees+0.222%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ATOMUSDT	1.8220	0.0100	pay 0.0100% / 8h	54m 33s	$1.6M	$1.9M	50x
Short	Kraken Futures PF_ATOMUSD	1.8243	0.0242	get 0.0030% / 1h	54m 33s	$3.1M	$675K	50x

Funding history

latest

Range statsloading…

Kraken Futures against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee PhemexbpFee Kraken FuturesbpOrdersPrice spread, now +0.128%Rate

Slippage from Phemex: live order book, 4 min ago; Kraken Futures: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 4 min ago	2.74 bp	20.7 bp −$21	32.5 bp −$325	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	10.97 bp	19.6 bp −$20	55.7 bp −$557	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ATOM-USDT-SWAP	−0.0092%	8h	1.8170	−0.274%	$5.2M	$5.4M	50x	as long as short
Deribit ATOM_USDC-PERPETUAL	−0.0079%	1h	1.8216	−0.022%	$501	$10K	25x	as long as short
Variational Omni ATOM	−0.0003%	8h	1.8193	−0.151%	$582K	$81K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8207	−0.069%	$64K	$3K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.8220	0.000%	$9K	—	150x	as long as short
Bybit ATOMUSDT	+0.0007%	8h	1.8180	−0.220%	$15.2M	$10.6M	75x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0008%	1h	1.8150	−0.384%	$25K	$12K	25x	as long as short
BloFin ATOM-USDT	+0.0076%	8h	1.8240	+0.110%	$1.1M	$340K	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8210	−0.055%	$2.8M	$855K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8206	−0.075%	$991K	$235K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ATOMUSDT	+0.0100%	8h	1.8201	−0.107%	$21.7M	$30.8M	75x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.8200	−0.110%	$2.5M	$842K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8190	−0.165%	$9.3M	$2.8M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8210	−0.055%	$1.6M	$832K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8187	−0.181%	$6.9M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8190	−0.165%	—	$24.8M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8209	−0.061%	$448K	$293K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8217	−0.019%	$778K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8215	−0.027%	$312K	$179K	75x	as long as short
Phemex ATOMUSDTlong	+0.0100%	8h	1.8220	long leg	$1.6M	$1.9M	50x
Extended ATOM-USD	+0.0104%	1h	1.8203	−0.093%	$6K	$184K	10x	as long as short
Injective ATOM/USDC PERP	+0.0143%	1h	1.8220	0.000%	$665	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0203% / S −0.2202%	1h	1.8219	−0.006%	$4K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8203	−0.091%	$2K	—	25x	as long as short
Kraken Futures PF_ATOMUSDshort	+0.0242%	1h	1.8243	+0.128%	$3.1M	$675K	50x