Funding arb · Price arb /

ATOM

all ATOM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0193%/8h= −21.1% APRpaid last 24h −0.055%

Price spread now: Deribit against OKX+0.299%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Deribit

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Deribit is 0.299% dearer against OKX than usual: you sell high and buy low (spread +0.299% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 5.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ATOM-USDT-SWAP	1.7410	0.0100	pay 0.0100% / 8h	4h 49m	$5.0M	$6.0M	50x
Short	Deribit ATOM_USDC-PERPETUAL	1.7462	−0.0093	pay 0.0012% / 1h	49m 36s	$480	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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 OKXbpFee DeribitbpOrdersPrice spread, now +0.299%Rate

Funding earned: −$40.53
Price spread: +0.299% → 0.000%: $29.87
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$27.66
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago	2.87 bp	13.4 bp −$13	43.0 bp −$430	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 25 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
Hyperliquid ATOM	−0.0948%	1h	1.7415	+0.029%	$3.4M	$1.1M	5x	as long as short
Bybit ATOMUSDT	−0.0126%	8h	1.7428	+0.103%	$14.6M	$10.1M	75x	as long as short
Deribit ATOM_USDC-PERPETUALshort	−0.0093%	1h	1.7462	+0.299%	$480	—	25x
dYdX ATOM-USD	0.0000%	1h	1.7455	+0.260%	$66K	$9K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L 0.0000% / S +0.0001%	1h	1.7484	+0.425%	$9K	—	150x	as long as short
Variational Omni ATOM	+0.0003%	8h	1.7400	−0.055%	$553K	$83K	—	as long as short
Kraken Futures PF_ATOMUSD	+0.0005%	1h	1.7467	+0.327%	$2.8M	$779K	50x	as long as short
Phemex ATOMUSDT	+0.0015%	8h	1.7440	+0.172%	$1.5M	$2.0M	50x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0048%	1h	1.7490	+0.460%	$23K	$6K	25x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7440	+0.172%	$947K	$121K	20x	as long as short

Show all 25 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ATOMUSDT	+0.0100%	8h	1.7434	+0.137%	$20.9M	$34.4M	75x	as long as short
OKX ATOM-USDT-SWAPlong	+0.0100%	8h	1.7410	long leg	$5.0M	$6.0M	50x
Gate ATOM_USDT	+0.0100%	8h	1.7450	+0.230%	$2.5M	$858K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7440	+0.172%	$21.1M	$8.2M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.7450	+0.230%	$1.4M	$694K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7435	+0.144%	$6.5M	$2.7M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7430	+0.115%	—	$43.8M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7403	−0.041%	$429K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7400	−0.056%	$745K	$2.4M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.7449	+0.224%	$305K	$156K	75x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.7428	+0.104%	$7K	$275K	10x	as long as short
BloFin ATOM-USDT	+0.0125%	8h	1.7400	−0.057%	$1.0M	$309K	75x	as long as short
Injective ATOM/USDC PERP	+0.0131%	1h	1.7410	0.000%	$635	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0197% / S −0.1340%	1h	1.7479	+0.399%	$2K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.7442	+0.186%	$2K	—	25x	as long as short