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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.1340%/8h= +146.7% APRnext payment +$1.67 per $10,000 · paid last 24h +0.346%
Price spread now: GMX against gTrade (Gains Network)+0.038%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 0.038% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ATOM/USD1.7725L 0.0000% / S +0.0001%pay 0.0000% / 1h0m 47s$9K150x
ShortGMX ATOM/USD [ETH-USDC]1.7732L +0.0197% / S −0.1340%get 0.0168% / 1h0m 47s$2K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$281.4
Price spread: +0.038% → 0.000%
$3.8
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$263.2
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATOMUSD−0.0181%1h1.7743+0.102%$2.9M$766K50xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0145%1h1.7731+0.033%$48725xas long as short
Coinbase International ATOM-PERP-INTX−0.0136%1h1.7830+0.592%$25K$5K25xas long as short
Bybit ATOMUSDT−0.0005%8h1.7740+0.084%$15.0M$9.6M75xas long as short
dYdX ATOM-USD0.0000%1h1.7736+0.060%$64K$7K10xas long as short
gTrade (Gains Network) ATOM/USDlongL 0.0000% / S +0.0001%1h1.7725long leg$9K150x
Variational Omni ATOM+0.0078%8h1.7691−0.193%$562K$83Kas long as short
BloFin ATOM-USDT+0.0099%8h1.7730+0.028%$1.1M$320K75xas long as short
Injective ATOM/USDC PERP+0.0099%1h1.7720−0.029%$646$290K12xas long as short
Hyperliquid ATOM+0.0100%1h1.7724−0.006%$3.2M$857K5xas long as short
Show all 25 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.7720−0.029%$962K$130K20xas long as short
Binance ATOMUSDT+0.0100%8h1.7749+0.136%$21.9M$32.0M75xas long as short
OKX ATOM-USDT-SWAP+0.0100%8h1.7730+0.028%$5.0M$5.8M50xas long as short
Gate ATOM_USDT+0.0100%8h1.7720−0.029%$2.4M$740K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.7720−0.029%$19.8M$6.7M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.7730+0.028%$1.5M$649K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.7742+0.095%$6.6M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.7720−0.029%$43.7Mas long as short
edgeX ATOMUSDC+0.0100%4h1.7728+0.015%$436K$297K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.7686−0.220%$748K$2.5M10xas long as short
HTX ATOM-USDT+0.0100%8h1.7725−0.001%$309K$149K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.7720−0.029%$1.5M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.7734+0.053%$5K$278K10xas long as short
GMX ATOM/USD [ETH-USDC]shortL +0.0197% / S −0.1340%1h1.7732+0.038%$2K120x
Reya ATOMRUSDPERP+0.0228%1h1.7696−0.166%$2K25xas long as short