Funding you earn now, next payment 12:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.006%
Price spread now: Kraken Futures against BingX+0.121%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.205%+$21 · spread now +0.121%, 7d avg +0.129%
=The price spread sits at its 7-day average of +0.129%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ATOM-USDT | 1.7410 | 0.0100 | pay 0.0100% / 8h | 4h 50m | — | $43.8M | — |
| Short | Kraken Futures PF_ATOMUSD | 1.7431 | 0.0005 | get 0.0001% / 1h | 50m 36s | $2.8M | $776K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$19.89
- Price spread: +0.121% → +0.129%
- −$0.75
- Slippage, 4 orders
- −$35.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$76.33
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Kraken Futures: live order book, 1 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 BingX live order book, 11 min ago | 2.87 bp | 8.7 bp −$9 | 19.3 bp −$193 | 77.0 bp −$7,703 | 317.1 bp −$158.5K |
| Sell Kraken Futures live order book, 1 min ago | 11.47 bp | 17.7 bp −$18 | 45.5 bp −$455 | doesn't fit | doesn't fit |
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 | −0.0938% | 1h | 1.7388 | −0.126% | $3.4M | $1.1M | 5x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0209% | 1h | 1.7418 | +0.046% | $479 | — | 25x | as long as short |
| Bybit ATOMUSDT | −0.0115% | 8h | 1.7440 | +0.172% | $14.6M | $10.1M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7425 | +0.088% | $65K | $9K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7424 | +0.080% | $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_ATOMUSDshort | +0.0005% | 1h | 1.7431 | +0.121% | $2.8M | $776K | 50x | |
| Phemex ATOMUSDT | +0.0014% | 8h | 1.7410 | 0.000% | $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 | 1.7409 | −0.003% | $945K | $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 | 1.7450 | +0.230% | $20.9M | $34.3M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7430 | +0.115% | $5.0M | $6.0M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7420 | +0.057% | $2.4M | $856K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7410 | 0.000% | $21.0M | $8.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7410 | 0.000% | $1.4M | $694K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7418 | +0.046% | $6.4M | $2.7M | 75x | as long as short |
| BingX ATOM-USDTlong | +0.0100% | 8h | 1.7410 | long leg | — | $43.8M | — | |
| 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 | 1.7415 | +0.029% | $304K | $156K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7414 | +0.024% | $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 | 1.7427 | +0.096% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7404 | −0.034% | $2K | — | 25x | as long as short |
BingX ATOM-USDT
Kraken Futures PF_ATOMUSD
Hyperliquid ATOM
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
Phemex ATOMUSDT
Coinbase International ATOM-PERP-INTX
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]