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+0.1324%/8h= +145.0% APRnext payment +$1.66 per $10,000 · paid last 24h +0.354%
Price spread now: GMX against Coinbase International+0.265%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$40 a day on $10k at the current rate, and GMX is 0.265% dearer against Coinbase International than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ATOM-PERP-INTX1.77000.0016pay 0.0002% / 1h52m 50s$24K$4K25x
ShortGMX ATOM/USD [ETH-USDC]1.7747L +0.0197% / S −0.1340%get 0.0168% / 1h52m 50s$2K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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
$278.04
Price spread: +0.265% → 0.000%
$26.51
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$282.55
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; GMX: 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 Coinbase International no order-book sample
Sell GMX no order-book sample
Coinbase International and GMX: 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
Phemex ATOMUSDT−0.0929%8h1.7730+0.169%$1.5M$2.0M50xas long as short
Bybit ATOMUSDT−0.0394%8h1.7710+0.056%$14.9M$10.5M75xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0370%1h1.7740+0.226%$488$10K25xas long as short
Kraken Futures PF_ATOMUSD−0.0265%1h1.7753+0.298%$2.9M$838K50xas long as short
dYdX ATOM-USD0.0000%1h1.7747+0.264%$62K$5K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.7745+0.253%$9K150xas long as short
Coinbase International ATOM-PERP-INTXlong+0.0016%1h1.7700long leg$24K$4K25x
GRVT ATOM_USDT_Perp+0.0060%8h1.7703+0.017%$747K$2.6M10xas long as short
BloFin ATOM-USDT+0.0087%8h1.7740+0.226%$938K$356K75xas long as short
Hyperliquid ATOM+0.0100%1h1.7715+0.085%$3.1M$937K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.7747+0.266%$965K$154K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7729+0.164%$21.2M$32.8M75xas long as short
OKX ATOM-USDT-SWAP+0.0100%8h1.7720+0.113%$5.0M$6.1M50xas long as short
Gate ATOM_USDT+0.0100%8h1.7730+0.169%$2.4M$780K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.7730+0.169%$8.3M$5.2M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.7740+0.226%$1.5M$717K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7748+0.271%$6.6M$3.2M75xas long as short
BingX ATOM-USDT+0.0100%8h1.7730+0.169%$3.8Mas long as short
Variational Omni ATOM+0.0100%8h1.7712+0.068%$563K$84Kas long as short
edgeX ATOMUSDC+0.0100%4h1.7709+0.052%$436K$296K10xas long as short
HTX ATOM-USDT+0.0100%8h1.7698−0.011%$309K$156K75xas long as short
Extended ATOM-USD+0.0104%1h1.7724+0.138%$8K$276K10xas long as short
Injective ATOM/USDC PERP+0.0171%1h1.7730+0.169%$647$290K12xas long as short
GMX ATOM/USD [ETH-USDC]shortL +0.0197% / S −0.1340%1h1.7747+0.265%$2K120x
Reya ATOMRUSDPERP+0.0228%1h1.7732+0.182%$2K25xas long as short