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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.028%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$810.814% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 7 days+0.160%+$16 · spread now +0.028%, 7d avg +0.070%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.042% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATOMUSDT1.81050.0100pay 0.0100% / 8h1h 25m$6.8M$2.8M75x
ShortKuCoin ATOMUSDTM1.81100.0100get 0.0100% / 8h1h 25m$1.6M$840K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: +0.028% → +0.070%
−$4.23
Slippage, 4 orders
−$57.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$85.65
Costs to cover
0.814%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 1 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 Bitget live order book, 3 min ago3.32 bp18.2 bp −$1829.6 bp −$296doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago5.52 bp29.0 bp −$29148.5 bp −$1,485doesn'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
OKX ATOM-USDT-SWAP−0.0095%8h1.8090−0.083%$5.2M$5.2M50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0081%1h1.8123+0.099%$498$10K25xas long as short
Variational Omni ATOM−0.0002%8h1.8083−0.123%$587K$52Kas long as short
dYdX ATOM-USD0.0000%1h1.8101−0.022%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8118+0.072%$9K150xas long as short
Bybit ATOMUSDT+0.0016%8h1.8102−0.017%$15.3M$10.5M75xas long as short
Coinbase International ATOM-PERP-INTX+0.0032%1h1.8150+0.249%$25K$12K25xas long as short
BloFin ATOM-USDT+0.0090%8h1.8090−0.083%$1.1M$336K75xas long as short
Kraken Futures PF_ATOMUSD+0.0100%1h1.8142+0.204%$3.1M$677K50xas long as short
Hyperliquid ATOM+0.0100%1h1.8118+0.072%$2.8M$911K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8097−0.043%$985K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8118+0.069%$21.6M$30.7M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8100−0.028%$2.5M$843K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8100−0.028%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTMshort+0.0100%8h1.8110+0.028%$1.6M$840K50x
Bitget ATOMUSDTlong+0.0100%8h1.8105long leg$6.8M$2.8M75x
BingX ATOM-USDT+0.0100%8h1.8090−0.083%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8105−0.002%$445K$293K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8106+0.006%$771K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.81050.000%$310K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8110+0.028%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8114+0.050%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8110+0.028%$661$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0203% / S −0.2202%1h1.8126+0.115%$4K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8104−0.003%$2K25xas long as short