Funding you earn now, next payment 02:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.010%
Price spread now: Bybit against Kraken Futures−0.174%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.677% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−0.065%−$7 · spread now −0.174%, 7d avg −0.157%
=The price spread sits at its 7-day average of −0.157%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8031 | −0.0010 | get 0.0001% / 1h | 4m 11s | $3.1M | $695K | 50x |
| Short | Bybit ATOMUSDT | 1.8000 | −0.0201 | pay 0.0201% / 8h | 6h 04m | $15.1M | $10.2M | 75x |
Kraken Futures PF_ATOMUSD
Bybit ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$40.13
- Price spread: −0.174% → −0.157%
- −$1.62
- Slippage, 4 orders
- −$46.75
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.49
- Costs to cover
- 0.677%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Bybit: live order book, 4 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 | 5.54 bp | 21.0 bp −$21 | 63.5 bp −$635 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.77 bp | 13.8 bp −$14 | 31.7 bp −$317 | 104.6 bp −$10.5K | doesn't fit |
ATOM on 24 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 ATOMUSDTshort | −0.0201% | 8h | 1.8000 | −0.174% | $15.1M | $10.2M | 75x | |
| Variational Omni ATOM | −0.0114% | 8h | 1.7962 | −0.385% | $574K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0096% | 8h | 1.8000 | −0.174% | $5.1M | $5.5M | 50x | as long as short |
| Kraken Futures PF_ATOMUSDlong | −0.0010% | 1h | 1.8031 | long leg | $3.1M | $695K | 50x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8006 | −0.140% | $63K | $4K | 10x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.8019 | −0.068% | $495 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8014 | −0.096% | $1K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0024% | 1h | 1.7940 | −0.506% | $25K | $7K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8004 | −0.151% | $2.8M | $767K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7992 | −0.216% | $975K | $245K | 20x | as long as short |
Variational Omni ATOM
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8021 | −0.056% | $21.4M | $30.3M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.118% | $2.5M | $832K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8010 | −0.118% | $8.5M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8020 | −0.063% | $1.6M | $727K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8021 | −0.057% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8000 | −0.174% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8046 | +0.084% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8000 | −0.175% | $769K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7995 | −0.201% | $313K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8010 | −0.118% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8016 | −0.085% | $5K | $208K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.8070 | +0.215% | $659 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8013 | −0.099% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8011 | −0.114% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
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