Funding you earn now, next payment 11:00 UTC−0.0264%/8h= −28.9% APRnext payment −$0.33 per $10,000 · paid last 24h −0.064%
Price spread now: Deribit against Kraken Futures−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.102% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.7660 | 0.0061 | pay 0.0008% / 1h | 52m 19s | $2.9M | $768K | 50x |
| Short | Deribit ATOM_USDC-PERPETUAL | 1.7642 | −0.0203 | pay 0.0025% / 1h | 52m 19s | $485 | — | 25x |
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$55.38
- Price spread: −0.102% → 0.000%
- −$10.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$82.53
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; Deribit: no order-book sample. 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 Kraken Futures live order book, 4 min ago | 11.30 bp | 21.8 bp −$22 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUALshort | −0.0203% | 1h | 1.7642 | −0.102% | $485 | — | 25x | |
| Hyperliquid ATOM | −0.0041% | 1h | 1.7618 | −0.237% | $3.2M | $857K | 5x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7655 | −0.026% | $64K | $7K | 10x | as long as short |
| Bybit ATOMUSDT | +0.0010% | 8h | 1.7640 | −0.113% | $14.9M | $9.5M | 75x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0061% | 1h | 1.7660 | long leg | $2.9M | $768K | 50x | |
| Variational Omni ATOM | +0.0073% | 8h | 1.7660 | +0.003% | $561K | $83K | — | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7640 | −0.113% | $958K | $128K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7647 | −0.075% | $21.7M | $31.9M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7620 | −0.226% | $5.0M | $5.7M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7650 | −0.056% | $2.4M | $727K | 75x | as long as short |
Hyperliquid ATOM
dYdX ATOM-USD
Bybit ATOMUSDT
Variational Omni ATOM
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7640 | −0.113% | $22.1M | $7.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7650 | −0.056% | $1.5M | $656K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7645 | −0.085% | $6.5M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7640 | −0.113% | — | $43.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7680 | +0.113% | $435K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7673 | +0.077% | $756K | $2.5M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7645 | −0.085% | $308K | $154K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7650 | −0.056% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7634 | −0.146% | $5K | $273K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0117% | 8h | 1.7670 | +0.057% | $1.1M | $319K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0129% | 1h | 1.7670 | +0.057% | $645 | $290K | 12x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0136% | 1h | 1.7830 | +0.963% | $25K | $5K | 25x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7650 | −0.056% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7628 | −0.180% | $2K | — | 25x | as long as short |
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
Coinbase International ATOM-PERP-INTX
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP