Settings8H · net · $10k
Funding arb · Price arb /

ATOM

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h +0.016%
Price spread now: Extended against OKX+0.098%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$520.521% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.098%, 7d avg +0.058%
Together, before fees+0.078%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.040% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.058%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ATOM-USDT-SWAP1.8070−0.0090get 0.0090% / 8h6h 22m$5.1M$5.7M50x
ShortExtended ATOM-USD1.80880.0104get 0.0013% / 1h22m 00s$5K$208K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$40.65
Price spread: +0.098% → +0.058%
$3.99
Slippage, 4 orders
−$37.1
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$7.46
Costs to cover
0.521%
Break-even
8.3 days
Slippage from OKX: live order book, 1 min ago; Extended: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago2.76 bp12.2 bp −$1245.8 bp −$458doesn't fitdoesn't fit
Sell Extended live order book, 45 min ago4.68 bp12.7 bp −$1358.5 bp −$585doesn't fitdoesn't fit

ATOM on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ATOMUSDT−0.0163%8h1.8073+0.017%$15.1M$10.8M75xas long as short
Variational Omni ATOM−0.0097%8h1.8062−0.044%$577K$76Kas long as short
OKX ATOM-USDT-SWAPlong−0.0090%8h1.8070long leg$5.1M$5.7M50x
Deribit ATOM_USDC-PERPETUAL−0.0081%1h1.8103+0.183%$498$10K25xas long as short
Kraken Futures PF_ATOMUSD−0.0010%1h1.8118+0.268%$3.1M$703K50xas long as short
dYdX ATOM-USD0.0000%1h1.8107+0.203%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8105+0.196%$1K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0024%1h1.7940−0.719%$25K$11K25xas long as short
Hyperliquid ATOM+0.0100%1h1.8091+0.116%$2.8M$849K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8080+0.057%$980K$245K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8088+0.101%$21.4M$31.5M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8090+0.111%$2.5M$823K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8080+0.055%$8.5M$3.1M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8100+0.166%$1.6M$754K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8085+0.083%$6.8M$2.9M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8090+0.111%$24.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8070−0.003%$445K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8088+0.100%$773K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8087+0.094%$315K$180K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8110+0.221%$1.6M$1.9M50xas long as short
Extended ATOM-USDshort+0.0104%1h1.8088+0.098%$5K$208K10x
Injective ATOM/USDC PERP+0.0171%1h1.8090+0.111%$660$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8110+0.222%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8097+0.148%$2K25xas long as short