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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against Bybit+0.050%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$500.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 3 days (all we have)+0.157%+$16 · spread now +0.050%, 7d avg +0.052%
Together, before fees+0.246%+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ATOMUSDT1.81510.0022pay 0.0022% / 8h1h 20m$15.3M$10.5M75x
ShortBloFin ATOM-USDT1.81600.0083get 0.0083% / 8h1h 20m$1.1M$337K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$12.9
Price spread: +0.050% → +0.052%
−$0.25
Slippage, 4 orders
−$27.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$37.82
Costs to cover
0.505%
Break-even
27.5 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 2 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 Bybit live order book, 3 min ago2.76 bp13.1 bp −$1329.1 bp −$291158.2 bp −$15.8Kdoesn't fit
Sell BloFin live order book, 2 min ago2.75 bp15.8 bp −$1632.4 bp −$32484.3 bp −$8,426225.5 bp −$112.7K

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−0.0094%8h1.8140−0.061%$5.3M$5.3M50xas long as short
Variational Omni ATOM−0.0002%8h1.8083−0.376%$587K$52Kas long as short
dYdX ATOM-USD0.0000%1h1.8178+0.147%$64K$4K10xas long as short
Deribit ATOM_USDC-PERPETUAL0.0000%1h1.8176+0.138%$500$10K25xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8176+0.140%$9K150xas long as short
Bybit ATOMUSDTlong+0.0022%8h1.8151long leg$15.3M$10.5M75x
Coinbase International ATOM-PERP-INTX+0.0032%1h1.8150−0.006%$25K$12K25xas long as short
BloFin ATOM-USDTshort+0.0083%8h1.8160+0.050%$1.1M$337K75x
Kraken Futures PF_ATOMUSD+0.0099%1h1.8195+0.241%$3.1M$677K50xas long as short
Hyperliquid ATOM+0.0100%1h1.8170+0.105%$2.8M$910K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8166+0.083%$988K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8162+0.060%$21.7M$30.7M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8160+0.050%$2.5M$845K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8160+0.050%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8180+0.160%$1.6M$840K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8170+0.105%$6.9M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8160+0.050%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8109−0.230%$446K$293K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8108−0.238%$771K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8164+0.072%$311K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8170+0.105%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8165+0.077%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8170+0.105%$663$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0203% / S −0.2202%1h1.8172+0.118%$4K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8157+0.033%$2K25xas long as short