Funding you earn now, next payment 00:00 UTC+0.0143%/8h= +15.7% APRpaid last 24h −0.024%
Price spread now: Kraken Futures against BingX+0.075%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 3 days (all we have)+0.215%+$22 · spread now +0.075%, 7d avg +0.138%
=Funding pays, the price is against you. Kraken Futures is 0.063% cheaper against BingX than usual: you would sell low and buy high (spread +0.075% now, against its 7-day average of +0.138%). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.8110 | 0.0100 | pay 0.0100% / 8h | 26m 48s | — | $24.8M | — |
| Short | Kraken Futures PF_ATOMUSD | 1.8124 | 0.0243 | get 0.0030% / 1h | 26m 48s | $3.1M | $681K | 50x |
BingX ATOM-USDT
Kraken Futures PF_ATOMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.07
- Price spread: +0.075% → +0.138%
- −$6.34
- Slippage, 4 orders
- −$41.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$37.43
- Costs to cover
- 0.612%
- Break-even
- 15.7 days
Slippage from BingX: live order book, 12 min ago; Kraken Futures: live order book, 2 min ago.
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 BingX live order book, 12 min ago | 5.52 bp | 11.0 bp −$11 | 20.6 bp −$206 | 78.1 bp −$7,810 | 311.1 bp −$155.5K |
| Sell Kraken Futures live order book, 2 min ago | 8.28 bp | 18.9 bp −$19 | 42.7 bp −$427 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | −0.0064% | 8h | 1.8110 | 0.000% | $5.2M | $5.5M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0026% | 1h | 1.8109 | −0.006% | $498 | $10K | 25x | as long as short |
| Variational Omni ATOM | −0.0009% | 8h | 1.8063 | −0.260% | $578K | $80K | — | as long as short |
| Bybit ATOMUSDT | −0.0004% | 8h | 1.8100 | −0.055% | $15.2M | $10.7M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8097 | −0.072% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8104 | −0.034% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.221% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8117 | +0.039% | $2.8M | $855K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8107 | −0.019% | $985K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8120 | +0.055% | $21.6M | $30.9M | 75x | as long as short |
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
Variational Omni ATOM
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.110% | $2.5M | $846K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8110 | 0.000% | $9.2M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8100 | −0.055% | $1.6M | $833K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8116 | +0.033% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.8110 | long leg | — | $24.8M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8083 | −0.148% | $445K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8090 | −0.111% | $775K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8105 | −0.028% | $310K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8100 | −0.055% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8103 | −0.038% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0122% | 8h | 1.8090 | −0.110% | $1.1M | $336K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8100 | −0.055% | $660 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8110 | +0.002% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8085 | −0.137% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0243% | 1h | 1.8124 | +0.075% | $3.1M | $681K | 50x |
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP