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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.047%
Price spread now: Deribit against Coinbase International+0.632%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Deribit is 0.632% dearer against Coinbase International than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ATOM-PERP-INTX1.8040−0.0256get 0.0032% / 1h52m 58s$25K$4K25x
ShortDeribit ATOM_USDC-PERPETUAL1.81540get 0.0000% / 1h52m 58s$499$10K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
$53.76
Price spread: +0.632% → 0.000%
$63.19
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$99.95
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Deribit no order-book sample
Coinbase International and Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ATOM-PERP-INTXlong−0.0256%1h1.8040long leg$25K$4K25x
Variational Omni ATOM−0.0031%8h1.8107+0.370%$578K$74Kas long as short
dYdX ATOM-USD0.0000%1h1.8137+0.538%$63K$4K10xas long as short
Deribit ATOM_USDC-PERPETUALshort0.0000%1h1.8154+0.632%$499$10K25x
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8145+0.583%$806150xas long as short
Bybit ATOMUSDT+0.0051%8h1.8150+0.610%$15.0M$9.7M75xas long as short
OKX ATOM-USDT-SWAP+0.0055%8h1.8160+0.665%$5.1M$5.6M50xas long as short
Hyperliquid ATOM+0.0100%1h1.8162+0.676%$2.8M$697K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8141+0.561%$983K$234K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8160+0.665%$21.6M$30.0M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ATOM_USDT+0.0100%8h1.8130+0.499%$2.5M$797K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8170+0.721%$8.4M$3.1M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8150+0.610%$1.6M$673K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8157+0.649%$6.9M$2.7M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8140+0.554%$24.4Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8142+0.565%$446K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8112+0.398%$775K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8125+0.471%$315K$175K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8140+0.554%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8155+0.637%$5K$200K10xas long as short
BloFin ATOM-USDT+0.0126%8h1.8160+0.665%$1.1M$298K75xas long as short
Injective ATOM/USDC PERP+0.0146%1h1.8130+0.499%$661$290K12xas long as short
Kraken Futures PF_ATOMUSD+0.0164%1h1.8178+0.764%$3.1M$704K50xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8152+0.620%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8142+0.566%$2K25xas long as short