Funding you earn now, next payment 05:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h +0.019%
Price spread now: BingX against Kraken Futures−0.075%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now −0.075%, 7d avg −0.140%
=The price spread pays, funding is against you. BingX is 0.065% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.140%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.088%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.7973 | 0.0166 | pay 0.0021% / 1h | 27m 05s | $3.1M | $703K | 50x |
| Short | BingX ATOM-USDT | 1.7960 | 0.0100 | get 0.0100% / 8h | 3h 27m | — | $24.4M | — |
Kraken Futures PF_ATOMUSD
BingX ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$13.8
- Price spread: −0.075% → −0.140%
- $6.53
- Slippage, 4 orders
- −$58.54
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.81
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; BingX: live order book, 12 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, 2 min ago | 8.34 bp | 18.6 bp −$19 | 65.5 bp −$655 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 8.34 bp | 16.6 bp −$17 | 29.2 bp −$292 | 84.8 bp −$8,478 | 317.5 bp −$158.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0256% | 1h | 1.8040 | +0.370% | $25K | $4K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7971 | −0.014% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7952 | −0.119% | $494 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7955 | −0.103% | $797 | — | 150x | as long as short |
| Variational Omni ATOM | +0.0004% | 8h | 1.8002 | +0.158% | $575K | $74K | — | as long as short |
| BloFin ATOM-USDT | +0.0099% | 8h | 1.7960 | −0.075% | $1.1M | $308K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7954 | −0.108% | $2.8M | $698K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7960 | −0.075% | $973K | $234K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7960 | −0.075% | $21.4M | $30.0M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7934 | −0.219% | $14.8M | $9.7M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7940 | −0.186% | $5.0M | $5.6M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7960 | −0.075% | $2.4M | $801K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7950 | −0.130% | $8.3M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7970 | −0.019% | $1.6M | $666K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7954 | −0.108% | $6.9M | $2.7M | 75x | as long as short |
| BingX ATOM-USDTshort | +0.0100% | 8h | 1.7960 | −0.075% | — | $24.4M | — | |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7984 | +0.061% | $442K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7999 | +0.144% | $767K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7954 | −0.108% | $313K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7960 | −0.075% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7955 | −0.105% | $7K | $201K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0146% | 1h | 1.7980 | +0.037% | $656 | $290K | 12x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0166% | 1h | 1.7973 | long leg | $3.1M | $703K | 50x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7950 | −0.128% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7949 | −0.135% | $2K | — | 25x | as long as short |
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP