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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.048%
Price spread now: Variational Omni against Injective−0.211%91s7-day average −0.175% · you buy dearer than you sell
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 4 days (all we have)−0.105%−$11 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.211%, 7d avg −0.175%
Together, before fees−0.181%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.036% cheaper against Injective than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.175%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ATOM/USDC PERP1.77400.0171pay 0.0021% / 1h57m 49s$647$290K12x
ShortVariational Omni ATOM1.77030.0100get 0.0100% / 8h7h 57m$562K$84K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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
−$14.95
Price spread: −0.211% → −0.175%
−$3.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.55
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 26 min ago; Variational Omni: RFQ quote, 41 min ago. 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 Injective live order book, 26 min ago39.62 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 41 min ago5.56 bpdoesn't fit29.2 bp −$292doesn'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
Kraken Futures PF_ATOMUSD−0.0266%1h1.7730−0.054%$2.9M$831K50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0088%1h1.7738−0.011%$488$10K25xas long as short
dYdX ATOM-USD0.0000%1h1.7737−0.015%$62K$5K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.7746+0.032%$9K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0016%1h1.7700−0.225%$24K$4K25xas long as short
Phemex ATOMUSDT+0.0038%8h1.7720−0.113%$1.5M$2.0M50xas long as short
BloFin ATOM-USDT+0.0083%8h1.7710−0.169%$930K$355K75xas long as short
Hyperliquid ATOM+0.0100%1h1.7720−0.113%$3.1M$937K5xas long as short
Aster ATOMUSDT+0.0100%8h1.7733−0.038%$964K$146K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7720−0.113%$21.2M$32.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ATOMUSDT+0.0100%8h1.7710−0.169%$14.9M$10.5M75xas long as short
OKX ATOM-USDT-SWAP+0.0100%8h1.7710−0.169%$5.0M$6.1M50xas long as short
Gate ATOM_USDT+0.0100%8h1.7720−0.113%$2.4M$778K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.7710−0.169%$8.2M$5.2M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.7720−0.113%$1.5M$718K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7720−0.113%$6.6M$3.2M75xas long as short
BingX ATOM-USDT+0.0100%8h1.7730−0.056%$3.8Mas long as short
Variational Omni ATOMshort+0.0100%8h1.7703−0.211%$562K$84K
edgeX ATOMUSDC+0.0100%4h1.7716−0.137%$436K$297K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.7710−0.167%$754K$2.6M10xas long as short
HTX ATOM-USDT+0.0100%8h1.7735−0.028%$309K$156K75xas long as short
Extended ATOM-USD+0.0104%1h1.7715−0.140%$8K$276K10xas long as short
Injective ATOM/USDC PERPlong+0.0171%1h1.7740long leg$647$290K12x
GMX ATOM/USD [ETH-USDC]L +0.0197% / S −0.1340%1h1.7741+0.003%$2K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7733−0.042%$2K25xas long as short