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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.039%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$930.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 7 days+0.160%+$16 · spread now +0.039%, 7d avg +0.071%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.071%). If the spread goes back, that is −$3 on $10k: about 9.1 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATOMUSDT1.81230.0088pay 0.0088% / 8h2h 20m$6.8M$2.7M75x
ShortKuCoin ATOMUSDTM1.81300.0100get 0.0100% / 8h2h 20m$1.6M$820K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$2.52
Price spread: +0.039% → +0.071%
−$3.27
Slippage, 4 orders
−$68.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$93.26
Costs to cover
0.925%
Break-even
266.1 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago3.31 bp14.2 bp −$1434.7 bp −$347doesn't fitdoesn't fit
Sell KuCoin live order book, just now5.52 bp30.3 bp −$30134.0 bp −$1,340doesn't fitdoesn't fit

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
Deribit ATOM_USDC-PERPETUAL−0.0302%1h1.8113−0.055%$498$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0049%8h1.8120−0.017%$5.3M$5.1M50xas long as short
Variational Omni ATOM−0.0038%8h1.8174+0.283%$580K$18Kas long as short
Bybit ATOMUSDT−0.0016%8h1.8115−0.044%$15.3M$10.4M75xas long as short
Coinbase International ATOM-PERP-INTX−0.0008%1h1.8190+0.370%$26K$12K25xas long as short
dYdX ATOM-USD0.0000%1h1.8120−0.015%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8108−0.083%$9K150xas long as short
Bitget ATOMUSDTlong+0.0088%8h1.8123long leg$6.8M$2.7M75x
Hyperliquid ATOM+0.0100%1h1.8134+0.061%$2.8M$923K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8142+0.105%$987K$243K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8126+0.016%$21.6M$30.5M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8120−0.017%$2.5M$833K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8140+0.094%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTMshort+0.0100%8h1.8130+0.039%$1.6M$820K50x
BingX ATOM-USDT+0.0100%8h1.8110−0.072%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8164+0.228%$447K$293K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8160+0.204%$775K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8165+0.232%$310K$185K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8120−0.017%$1.6M$1.9M50xas long as short
BloFin ATOM-USDT+0.0104%8h1.8160+0.204%$1.1M$326K75xas long as short
Extended ATOM-USD+0.0104%1h1.8130+0.039%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8180+0.315%$663$174K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0199% / S −0.1495%1h1.8118−0.029%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8146+0.127%$3.1M$668K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8135+0.064%$2K25xas long as short