Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against MEXC+0.089%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.089% dearer against MEXC than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ATOM_USDT	1.7690	0.0100	pay 0.0100% / 8h	1h 48m	$8.4M	$5.2M	200x
Short	gTrade (Gains Network) ATOM/USD	1.7706	L +0.0001% / S +0.0001%	pay 0.0000% / 1h	48m 15s	$786	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.089%Rate

Funding earned: −$21.14
Price spread: +0.089% → 0.000%: $8.88
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$22.26
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; gTrade (Gains Network): 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 MEXC live order book, 5 min ago	2.83 bp	4.2 bp −$4	12.5 bp −$125	103.9 bp −$10.4K	174.0 bp −$87.0K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 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
Deribit ATOM_USDC-PERPETUAL	−0.0202%	1h	1.7704	+0.079%	$487	$10K	25x	as long as short
Kraken Futures PF_ATOMUSD	−0.0007%	1h	1.7711	+0.119%	$2.9M	$863K	50x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.7717	+0.152%	$62K	$5K	10x	as long as short
gTrade (Gains Network) ATOM/USDshort	L +0.0001% / S +0.0001%	1h	1.7706	+0.089%	$786	—	150x
Coinbase International ATOM-PERP-INTX	+0.0064%	1h	1.7700	+0.057%	$24K	$4K	25x	as long as short
Variational Omni ATOM	+0.0074%	8h	1.7642	−0.271%	$560K	$84K	—	as long as short
BloFin ATOM-USDT	+0.0080%	8h	1.7720	+0.170%	$938K	$355K	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.7685	−0.028%	$2.9M	$867K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7690	0.000%	$962K	$183K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7700	+0.057%	$21.1M	$33.3M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ATOMUSDT	+0.0100%	8h	1.7691	+0.006%	$14.7M	$10.5M	75x	as long as short
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7680	−0.057%	$5.0M	$5.9M	50x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.7690	0.000%	$2.4M	$854K	75x	as long as short
MEXC ATOM_USDTlong	+0.0100%	8h	1.7690	long leg	$8.4M	$5.2M	200x
KuCoin ATOMUSDTM	+0.0100%	8h	1.7720	+0.170%	$1.5M	$726K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7705	+0.085%	$6.6M	$3.4M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7700	+0.057%	—	$3.9M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7685	−0.028%	$435K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7668	−0.124%	$747K	$2.7M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.7705	+0.085%	$309K	$180K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.7700	+0.057%	$1.5M	$2.0M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7696	+0.035%	$7K	$279K	10x	as long as short
Injective ATOM/USDC PERP	+0.0118%	1h	1.7690	0.000%	$645	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0197% / S −0.1340%	1h	1.7709	+0.108%	$2K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.7683	−0.040%	$2K	—	25x	as long as short