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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0412%/8h= −45.1% APRpaid last 24h −0.048%
Price spread now: Coinbase International against BingX−0.222%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.222% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ATOM-USDT1.79800.0100pay 0.0100% / 8h4h 48m$24.6M
ShortCoinbase International ATOM-PERP-INTX1.7940−0.0312pay 0.0039% / 1h48m 55s$25K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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
−$86.52
Price spread: −0.222% → 0.000%
−$22.25
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$128.77
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago5.53 bp14.4 bp −$1424.6 bp −$24692.0 bp −$9,204343.1 bp −$171.5K
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ATOM-PERP-INTXshort−0.0312%1h1.7940−0.222%$25K$4K25x
Deribit ATOM_USDC-PERPETUAL−0.0250%1h1.7990+0.056%$495$10K25xas long as short
Variational Omni ATOM−0.0076%8h1.8012+0.177%$576K$74Kas long as short
Bybit ATOMUSDT−0.0054%8h1.7982+0.011%$14.9M$9.8M75xas long as short
OKX ATOM-USDT-SWAP−0.0014%8h1.7990+0.056%$5.0M$5.5M50xas long as short
dYdX ATOM-USD0.0000%1h1.8017+0.203%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8002+0.122%$799150xas long as short
BloFin ATOM-USDT+0.0079%8h1.8020+0.222%$1.1M$297K75xas long as short
Hyperliquid ATOM+0.0100%1h1.7991+0.061%$2.8M$732K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8010+0.165%$976K$234K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8000+0.111%$21.4M$29.7M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8000+0.111%$2.5M$808K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.7990+0.056%$8.5M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8010+0.167%$1.6M$672K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7999+0.106%$6.8M$2.6M75xas long as short
BingX ATOM-USDTlong+0.0100%8h1.7980long leg$24.6M
edgeX ATOMUSDC+0.0100%4h1.8072+0.514%$445K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8082+0.568%$764K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8009+0.161%$313K$175K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8000+0.111%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8005+0.139%$5K$204K10xas long as short
Injective ATOM/USDC PERP+0.0116%1h1.8040+0.334%$658$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8000+0.110%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7984+0.023%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0358%1h1.8004+0.133%$3.1M$712K50xas long as short