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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$1.52 per $10,000 · paid last 24h +0.034%
Price spread now: Gate against Bybit+0.111%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$860.858% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.100%−$10 · spread now +0.111%, 7d avg −0.021%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.132% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ATOMUSDT1.8010−0.0052get 0.0052% / 8h4h 51m$15.0M$9.8M75x
ShortGate ATOM_USDT1.80300.0100get 0.0100% / 8h4h 51m$2.5M$808K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$31.82
Price spread: +0.111% → −0.021%
$13.2
Slippage, 4 orders
−$59.75
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$40.73
Costs to cover
0.857%
Break-even
16.0 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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 Bybit live order book, 2 min ago2.77 bp13.4 bp −$1328.1 bp −$281101.4 bp −$10.1Kdoesn't fit
Sell Gate live order book, 2 min ago5.55 bp33.1 bp −$33125.9 bp −$1,259doesn'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
Coinbase International ATOM-PERP-INTX−0.0312%1h1.7940−0.389%$25K$4K25xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0194%1h1.8025+0.083%$496$10K25xas long as short
Variational Omni ATOM−0.0076%8h1.8012+0.010%$576K$74Kas long as short
Bybit ATOMUSDTlong−0.0052%8h1.8010long leg$15.0M$9.8M75x
OKX ATOM-USDT-SWAP−0.0018%8h1.8020+0.056%$5.1M$5.5M50xas long as short
dYdX ATOM-USD0.0000%1h1.8037+0.150%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8035+0.140%$801150xas long as short
BloFin ATOM-USDT+0.0078%8h1.8040+0.167%$1.1M$297K75xas long as short
Hyperliquid ATOM+0.0100%1h1.8025+0.083%$2.8M$727K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8047+0.208%$978K$234K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8030+0.111%$21.4M$29.7M75xas long as short
Gate ATOM_USDTshort+0.0100%8h1.8030+0.111%$2.5M$808K75x
MEXC ATOM_USDT+0.0100%8h1.8020+0.056%$8.5M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8040+0.167%$1.6M$672K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8022+0.067%$6.8M$2.6M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8040+0.167%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8072+0.347%$445K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8082+0.400%$764K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8015+0.028%$314K$175K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8040+0.167%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8026+0.090%$5K$204K10xas long as short
Injective ATOM/USDC PERP+0.0116%1h1.8040+0.167%$658$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8031+0.119%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8023+0.070%$2K25xas long as short
Kraken Futures PF_ATOMUSD+0.0357%1h1.8046+0.202%$3.1M$712K50xas long as short