Funding you earn now, next payment 02:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h +0.024%
Price spread now: Binance against Kraken Futures−0.031%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 3 days (all we have)−0.161%−$16 · spread now −0.031%, 7d avg −0.098%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.067% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8048 | −0.0010 | get 0.0001% / 1h | 48m 26s | $3.1M | $700K | 50x |
| Short | Binance ATOMUSDT | 1.8042 | 0.0100 | get 0.0100% / 8h | 6h 48m | $21.4M | $31.7M | 75x |
Kraken Futures PF_ATOMUSD
Binance ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.12
- Price spread: −0.031% → −0.098%
- $6.75
- Slippage, 4 orders
- −$47.91
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.04
- Costs to cover
- 0.679%
- Break-even
- 18.5 days
Slippage from Kraken Futures: live order book, 5 min ago; Binance: live order book, 8 min ago.
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 Kraken Futures live order book, 5 min ago | 11.11 bp | 24.1 bp −$24 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.79 bp | 11.7 bp −$12 | 29.7 bp −$297 | 123.0 bp −$12.3K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ATOMUSDT | −0.0202% | 8h | 1.8030 | −0.098% | $15.1M | $10.8M | 75x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0193% | 1h | 1.8031 | −0.093% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0086% | 8h | 1.8020 | −0.154% | $5.1M | $5.7M | 50x | as long as short |
| Variational Omni ATOM | −0.0085% | 8h | 1.8012 | −0.197% | $576K | $76K | — | as long as short |
| Kraken Futures PF_ATOMUSDlong | −0.0010% | 1h | 1.8048 | long leg | $3.1M | $700K | 50x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8057 | +0.053% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8046 | −0.010% | $12K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.597% | $25K | $12K | 25x | as long as short |
| Phemex ATOMUSDT | +0.0053% | 8h | 1.8050 | +0.012% | $1.6M | $1.9M | 50x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8021 | −0.148% | $2.8M | $854K | 5x | as long as short |
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Phemex ATOMUSDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.8033 | −0.081% | $977K | $245K | 20x | as long as short |
| Binance ATOMUSDTshort | +0.0100% | 8h | 1.8042 | −0.031% | $21.4M | $31.7M | 75x | |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.043% | $2.5M | $818K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8040 | −0.043% | $8.7M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | +0.012% | $1.6M | $795K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8038 | −0.054% | $6.8M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8040 | −0.043% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7986 | −0.343% | $442K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7991 | −0.316% | $763K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8025 | −0.126% | $314K | $181K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8051 | +0.019% | $9K | $207K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0125% | 8h | 1.8060 | +0.068% | $1.1M | $324K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8050 | +0.012% | $658 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8041 | −0.036% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8009 | −0.216% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP