Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.022%

Price spread now: edgeX against GMX+0.482%7-day average — · you sell dearer than you buy

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

Long on GMX Short on edgeX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.482% dearer against GMX than usual: you sell high and buy low (spread +0.482% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ATOM/USD [ETH-USDC]	1.7655	L +0.0198% / S −0.1340%	pay 0.0025% / 1h	33m 21s	$2K	—	120x
Short	edgeX ATOMUSDC	1.7740	0.0100	get 0.0050% / 4h	2h 33m	$436K	$296K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GMX. 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 GMXbpFee edgeXbpOrdersPrice spread, now +0.482%Rate

Funding earned: −$20.48
Price spread: +0.482% → 0.000%: $48.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $6.71
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; edgeX: live order book, 15 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 GMX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 15 min ago	11.26 bp	19.0 bp −$19	127.9 bp −$1,279	doesn't fit	doesn't fit

GMX: 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	1.7667	+0.072%	$62K	$5K	10x	as long as short
Deribit ATOM_USDC-PERPETUAL	0.0000%	1h	1.7660	+0.031%	$485	$10K	25x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.7666	+0.062%	$784	—	150x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0008%	1h	1.7860	+1.164%	$24K	$4K	25x	as long as short
Variational Omni ATOM	+0.0039%	8h	1.7682	+0.157%	$561K	$78K	—	as long as short
BloFin ATOM-USDT	+0.0085%	8h	1.7680	+0.144%	$1.1M	$352K	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.7658	+0.020%	$2.7M	$727K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7639	−0.087%	$958K	$201K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7670	+0.088%	$21.2M	$32.4M	75x	as long as short
Bybit ATOMUSDT	+0.0100%	8h	1.7635	−0.111%	$14.5M	$10.3M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7640	−0.082%	$4.9M	$5.8M	50x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.7660	+0.031%	$2.4M	$850K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7640	−0.082%	$8.5M	$5.2M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.7660	+0.031%	$1.6M	$698K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7659	+0.025%	$6.6M	$3.1M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7680	+0.144%	—	$24.4M	—	as long as short
edgeX ATOMUSDCshort	+0.0100%	4h	1.7740	+0.482%	$436K	$296K	10x
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7697	+0.241%	$755K	$2.7M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.7655	+0.003%	$308K	$179K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.7670	+0.088%	$1.5M	$2.0M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7655	+0.005%	$10K	$236K	10x	as long as short
Injective ATOM/USDC PERP	+0.0110%	1h	1.7680	+0.144%	$645	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]long	L +0.0198% / S −0.1340%	1h	1.7655	long leg	$2K	—	120x
Reya ATOMRUSDPERP	+0.0228%	1h	1.7646	−0.048%	$2K	—	25x	as long as short
Kraken Futures PF_ATOMUSD	+0.0558%	1h	1.7672	+0.098%	$2.9M	$846K	50x	as long as short