Funding you earn now, next payment 03:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h +0.036%
Price spread now: Injective against Kraken Futures+0.037%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days+0.468%+$47 on $10k
+Price spread, last 3 days (all we have)−0.221%−$22 · spread now +0.037%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.092% dearer against Kraken Futures than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.7983 | 0.0123 | pay 0.0015% / 1h | 56m 51s | $3.1M | $690K | 50x |
| Short | Injective ATOM/USDC PERP | 1.7990 | 0.0132 | get 0.0017% / 1h | 56m 51s | $656 | $290K | 12x |
Kraken Futures PF_ATOMUSD
Injective ATOM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $1.91
- Price spread: +0.037% → −0.055%
- $9.15
- Slippage, 4 orders
- −$109.11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$108.07
- Costs to cover
- 1.191%
- Break-even
- 403.9 days
Slippage from Kraken Futures: live order book, 2 min ago; Injective: live order book, 57 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 | 13.87 bp | 22.7 bp −$23 | 66.0 bp −$660 | doesn't fit | doesn't fit |
| Sell Injective live order book, 57 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ATOM-PERP-INTX | −0.0224% | 1h | 1.7940 | −0.242% | $25K | $7K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0168% | 8h | 1.7990 | +0.037% | $15.0M | $10.1M | 75x | as long as short |
| Variational Omni ATOM | −0.0110% | 8h | 1.7967 | −0.092% | $575K | $76K | — | as long as short |
| OKX ATOM-USDT-SWAP | −0.0098% | 8h | 1.7980 | −0.019% | $5.1M | $5.5M | 50x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0084% | 1h | 1.7961 | −0.125% | $494 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7982 | −0.008% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7966 | −0.097% | $798 | — | 150x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8005 | +0.120% | $2.8M | $768K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7972 | −0.062% | $974K | $245K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8000 | +0.090% | $21.4M | $30.0M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
Variational Omni ATOM
OKX ATOM-USDT-SWAP
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7980 | −0.019% | $2.5M | $819K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7990 | +0.037% | $8.5M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7980 | −0.019% | $1.6M | $692K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7998 | +0.081% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7980 | −0.019% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7986 | +0.014% | $442K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7980 | −0.019% | $768K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7941 | −0.236% | $312K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7960 | −0.130% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7985 | +0.010% | $5K | $208K | 10x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0123% | 1h | 1.7983 | long leg | $3.1M | $690K | 50x | |
| Injective ATOM/USDC PERPshort | +0.0132% | 1h | 1.7990 | +0.037% | $656 | $290K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.7968 | −0.083% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7947 | −0.202% | $2K | — | 25x | as long as short |
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
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP