Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: HTX against gTrade (Gains Network)−0.192%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 0.192% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.192% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 6.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ATOM/USD	1.7752	L 0.0000% / S +0.0001%	pay 0.0000% / 1h	41m 00s	$9K	—	150x
Short	HTX ATOM-USDT	1.7718	0.0100	get 0.0100% / 8h	7h 41m	$309K	$156K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee HTXbpOrdersPrice spread, now −0.192%Rate

Funding earned: $21
Price spread: −0.192% → 0.000%: −$19.15
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$20.15
Costs to cover: 0.220%
Break-even: 13.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 56 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell HTX live order book, 56 min ago	9.62 bp	16.2 bp −$16	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.0426%	1h	1.7739	−0.073%	$488	$10K	25x	as long as short
Kraken Futures PF_ATOMUSD	−0.0265%	1h	1.7750	−0.010%	$2.9M	$849K	50x	as long as short
Phemex ATOMUSDT	−0.0217%	8h	1.7740	−0.068%	$1.6M	$2.0M	50x	as long as short
Bybit ATOMUSDT	−0.0130%	8h	1.7730	−0.124%	$15.0M	$10.4M	75x	as long as short
dYdX ATOM-USD	0.0000%	1h	1.7767	+0.085%	$62K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USDlong	L 0.0000% / S +0.0001%	1h	1.7752	long leg	$9K	—	150x
Coinbase International ATOM-PERP-INTX	+0.0016%	1h	1.7700	−0.293%	$24K	$4K	25x	as long as short
Hyperliquid ATOM	+0.0069%	1h	1.7734	−0.101%	$3.1M	$939K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.7750	−0.011%	$965K	$154K	20x	as long as short
Binance ATOMUSDT	+0.0100%	8h	1.7740	−0.068%	$21.2M	$32.8M	75x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ATOM-USDT-SWAP	+0.0100%	8h	1.7740	−0.068%	$5.0M	$6.1M	50x	as long as short
Gate ATOM_USDT	+0.0100%	8h	1.7740	−0.068%	$2.4M	$780K	75x	as long as short
MEXC ATOM_USDT	+0.0100%	8h	1.7740	−0.068%	$8.3M	$5.2M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.7750	−0.011%	$1.5M	$717K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.7759	+0.039%	$6.6M	$3.2M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.7740	−0.068%	—	$3.8M	—	as long as short
Variational Omni ATOM	+0.0100%	8h	1.7762	+0.057%	$564K	$84K	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.7763	+0.064%	$437K	$298K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.7770	+0.100%	$761K	$2.6M	10x	as long as short
HTX ATOM-USDTshort	+0.0100%	8h	1.7718	−0.192%	$309K	$156K	75x
Extended ATOM-USD	+0.0104%	1h	1.7728	−0.135%	$8K	$272K	10x	as long as short
BloFin ATOM-USDT	+0.0111%	8h	1.7740	−0.068%	$931K	$346K	75x	as long as short
Injective ATOM/USDC PERP	+0.0171%	1h	1.7770	+0.101%	$648	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0197% / S −0.1340%	1h	1.7766	+0.081%	$2K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.7732	−0.111%	$2K	—	25x	as long as short