Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.055%

Price spread now: HTX against Coinbase International−1.338%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 1.338% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.338% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$134 on $10k: about 48 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ATOM-PERP-INTX	1.7860	0.0008	pay 0.0001% / 1h	28m 45s	$24K	$4K	25x
Short	HTX ATOM-USDT	1.7621	0.0100	get 0.0100% / 8h	2h 28m	$307K	$179K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HTXbpOrdersPrice spread, now −1.338%Rate

Funding earned: $19.32
Price spread: −1.338% → 0.000%: −$133.82
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$136.5
Costs to cover: 0.220%
Break-even: 56.5 days

Slippage unknown: Coinbase International: no order-book sample; HTX: live order book, 18 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 Coinbase International no order-book sample	—	—	—	—	—
Sell HTX live order book, 18 min ago	23.91 bp	30.8 bp −$31	doesn't fit	doesn't fit	doesn't fit

Coinbase International: 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
dYdX ATOM-USD	0.0000%	1h	1.7617	−1.360%	$62K	$5K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.7650	−1.176%	$485	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.7661	−1.114%	$784	—	150x	as long as short
Coinbase International ATOM-PERP-INTXlong	+0.0008%	1h	1.7860	long leg	$24K	$4K	25x
Variational Omni ATOM	+0.0032%	8h	1.7622	−1.331%	$559K	$78K	—	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.7615	−1.372%	$2.7M	$735K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7595	−1.482%	$956K	$202K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7610	−1.399%	$21.0M	$32.8M	75x	as long as short
Bybit ATOMUSDT	+0.0100%	8h	1.7594	−1.489%	$14.5M	$10.3M	75x	as long as short
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7580	−1.568%	$4.9M	$5.8M	50x	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	1.7610	−1.400%	$2.4M	$857K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7590	−1.512%	$8.3M	$5.2M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.7620	−1.344%	$1.5M	$717K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7595	−1.484%	$6.6M	$3.1M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7600	−1.456%	—	$24.4M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7656	−1.141%	$434K	$297K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7642	−1.223%	$752K	$2.7M	10x	as long as short
HTX ATOM-USDTshort	+0.0100%	8h	1.7621	−1.338%	$307K	$179K	75x
Phemex ATOMUSDT	+0.0100%	8h	1.7650	−1.176%	$1.5M	$2.0M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7605	−1.425%	$10K	$236K	10x	as long as short
Injective ATOM/USDC PERP	+0.0110%	1h	1.7620	−1.344%	$643	$290K	12x	as long as short
BloFin ATOM-USDT	+0.0112%	8h	1.7650	−1.176%	$1.1M	$352K	75x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0197% / S −0.1340%	1h	1.7667	−1.079%	$2K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.7650	−1.178%	$2K	—	25x	as long as short
Kraken Futures PF_ATOMUSD	+0.0559%	1h	1.7650	−1.175%	$2.9M	$846K	50x	as long as short