Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%

Price spread now: Reya against edgeX−0.146%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.146% cheaper against edgeX than usual: you would sell low and buy high (spread −0.146% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3.8 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ATOMUSDC	1.8225	0.0100	pay 0.0050% / 4h	1h 13m	$448K	$296K	10x
Short	Reya ATOMRUSDPERP	1.8198	0.0228	get 0.0029% / 1h	13m 00s	$2K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee ReyabpOrdersPrice spread, now −0.146%Rate

Funding earned: $26.93
Price spread: −0.146% → 0.000%: −$14.64
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: −$2.71
Costs to cover: 0.150%
Break-even: 7.7 days

Slippage unknown: edgeX: live order book, 51 min ago; Reya: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 51 min ago	11.11 bp	18.3 bp −$18	110.6 bp −$1,106	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Coinbase International ATOM-PERP-INTX	−0.0224%	1h	1.7940	−1.561%	$25K	$6K	25x	as long as short
Deribit ATOM_USDC-PERPETUAL	−0.0080%	1h	1.8200	−0.135%	$500	$10K	25x	as long as short
Variational Omni ATOM	−0.0062%	8h	1.8206	−0.099%	$582K	$74K	—	as long as short
OKX ATOM-USDT-SWAP	−0.0042%	8h	1.8180	−0.244%	$5.1M	$5.6M	50x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8216	−0.045%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.8206	−0.103%	$808	—	150x	as long as short
Bybit ATOMUSDT	+0.0005%	8h	1.8184	−0.222%	$15.2M	$9.9M	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8177	−0.261%	$2.8M	$748K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8200	−0.135%	$986K	$239K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.8189	−0.197%	$21.6M	$30.1M	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	1.8200	−0.135%	$2.5M	$829K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.8180	−0.244%	$8.6M	$3.1M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8220	−0.025%	$1.6M	$689K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8182	−0.233%	$6.8M	$2.7M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8190	−0.190%	—	$24.6M	—	as long as short
edgeX ATOMUSDClong	+0.0100%	4h	1.8225	long leg	$448K	$296K	10x
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8230	+0.030%	$779K	$2.7M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8208	−0.091%	$317K	$180K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8200	−0.135%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8186	−0.209%	$7K	$205K	10x	as long as short
BloFin ATOM-USDT	+0.0114%	8h	1.8190	−0.190%	$1.1M	$302K	75x	as long as short
Kraken Futures PF_ATOMUSD	+0.0122%	1h	1.8221	−0.020%	$3.1M	$719K	50x	as long as short
Injective ATOM/USDC PERP	+0.0132%	1h	1.8210	−0.080%	$664	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1417%	1h	1.8203	−0.117%	$3K	—	120x	as long as short
Reya ATOMRUSDPERPshort	+0.0228%	1h	1.8198	−0.146%	$2K	—	25x