Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%

Price spread now: KuCoin against Reya+0.045%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. KuCoin is 0.045% dearer against Reya than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ATOMRUSDPERP	1.8012	0.0228	pay 0.0029% / 1h	26m 05s	$2K	—	25x
Short	KuCoin ATOMUSDTM	1.8020	0.0100	get 0.0100% / 8h	4h 26m	$1.6M	$672K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee KuCoinbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$26.93
Price spread: +0.045% → 0.000%: $4.45
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$40.48
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

Cost to enter

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Reya no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	5.53 bp	36.8 bp −$37	132.4 bp −$1,324	doesn't fit	doesn't fit

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ATOM on 25 venues

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
Coinbase International ATOM-PERP-INTX	−0.0312%	1h	1.8040	+0.156%	$25K	$4K	25x	as long as short
Variational Omni ATOM	−0.0061%	8h	1.8002	−0.057%	$575K	$74K	—	as long as short
Bybit ATOMUSDT	−0.0007%	8h	1.8000	−0.067%	$14.9M	$9.8M	75x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8047	+0.193%	$63K	$4K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.8014	+0.011%	$495	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.8018	+0.033%	$800	—	150x	as long as short
OKX ATOM-USDT-SWAP	+0.0014%	8h	1.8010	−0.011%	$5.0M	$5.5M	50x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8026	+0.078%	$2.8M	$757K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8015	+0.016%	$976K	$234K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8016	+0.021%	$21.4M	$29.9M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ATOM_USDT	+0.0100%	8h	1.8020	+0.045%	$2.5M	$812K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8000	−0.067%	$8.4M	$3.1M	200x	as long as short
KuCoin ATOMUSDTMshort	+0.0100%	8h	1.8020	+0.045%	$1.6M	$672K	50x
Bitget ATOMUSDT	+0.0100%	8h	1.8021	+0.050%	$6.8M	$2.6M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8010	−0.011%	—	$24.4M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8052	+0.220%	$444K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8055	+0.239%	$770K	$2.7M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8024	+0.067%	$314K	$176K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8010	−0.011%	$1.6M	$1.9M	50x	as long as short
BloFin ATOM-USDT	+0.0103%	8h	1.8040	+0.156%	$1.1M	$298K	75x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8010	−0.010%	$7K	$202K	10x	as long as short
Injective ATOM/USDC PERP	+0.0116%	1h	1.8030	+0.100%	$658	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1417%	1h	1.8014	+0.009%	$3K	—	120x	as long as short
Reya ATOMRUSDPERPlong	+0.0228%	1h	1.8012	long leg	$2K	—	25x
Kraken Futures PF_ATOMUSD	+0.0357%	1h	1.8047	+0.192%	$3.1M	$708K	50x	as long as short