Funding you earn now, next payment 00:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.006%
Price spread now: Kraken Futures against dYdX−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.062% cheaper against dYdX than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.023% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ATOM-USD | 1.8107 | 0 | get 0.0000% / 1h | 21m 04s | $63K | $4K | 10x |
| Short | Kraken Futures PF_ATOMUSD | 1.8096 | 0.0244 | get 0.0030% / 1h | 21m 04s | $3.1M | $682K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $51.15
- Price spread: −0.062% → 0.000%
- −$6.15
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $25
- Costs to cover
- 0.200%
- Break-even
- 3.6 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 13.83 bp | 22.5 bp −$22 | 49.3 bp −$493 | doesn't fit | doesn't fit |
dYdX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0247% | 1h | 1.8088 | −0.107% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0072% | 8h | 1.8070 | −0.207% | $5.2M | $5.5M | 50x | as long as short |
| Variational Omni ATOM | −0.0026% | 8h | 1.8083 | −0.137% | $578K | $80K | — | as long as short |
| Bybit ATOMUSDT | −0.0016% | 8h | 1.8081 | −0.146% | $15.1M | $10.7M | 75x | as long as short |
| dYdX ATOM-USDlong | 0.0000% | 1h | 1.8107 | long leg | $63K | $4K | 10x | |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8102 | −0.031% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.8150 | +0.235% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8084 | −0.129% | $2.8M | $854K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8080 | −0.152% | $984K | $235K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8092 | −0.085% | $21.5M | $31.0M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.041% | $2.5M | $846K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.096% | $9.2M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8110 | +0.014% | $1.6M | $834K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8081 | −0.146% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8080 | −0.152% | — | $24.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8059 | −0.266% | $444K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8058 | −0.274% | $773K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8058 | −0.273% | $309K | $174K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | −0.096% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8090 | −0.094% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0113% | 8h | 1.8100 | −0.041% | $1.1M | $326K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8130 | +0.125% | $661 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8104 | −0.020% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8084 | −0.127% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0244% | 1h | 1.8096 | −0.062% | $3.1M | $682K | 50x |
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Bybit ATOMUSDT
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]