Funding arb · Price arb /

ATOM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.119%

Price spread now: Deribit against Gate+0.072%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Deribit

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—needs both histories

The price spread pays, funding is against you. Deribit is 0.072% dearer against Gate than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ATOM_USDT	1.8150	0.0100	pay 0.0100% / 8h	7h 13m	$2.5M	$854K	75x
Short	Deribit ATOM_USDC-PERPETUAL	1.8163	−0.0080	pay 0.0010% / 1h	13m 10s	$499	$10K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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 GatebpFee DeribitbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$37.8
Price spread: +0.072% → 0.000%: $7.16
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$52.64
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 5 min ago; Deribit: 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 Gate live order book, 5 min ago	2.77 bp	30.0 bp −$30	104.6 bp −$1,046	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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-PERPETUALshort	−0.0080%	1h	1.8163	+0.072%	$499	$10K	25x
OKX ATOM-USDT-SWAP	−0.0061%	8h	1.8140	−0.055%	$5.2M	$5.5M	50x	as long as short
Variational Omni ATOM	−0.0058%	8h	1.8072	−0.429%	$577K	$79K	—	as long as short
dYdX ATOM-USD	0.0000%	1h	1.8148	−0.011%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ATOM/USD	L +0.0001% / S +0.0001%	1h	1.8166	+0.090%	$1K	—	150x	as long as short
Bybit ATOMUSDT	+0.0030%	8h	1.8153	+0.017%	$15.2M	$10.7M	75x	as long as short
Coinbase International ATOM-PERP-INTX	+0.0080%	1h	1.8080	−0.386%	$25K	$12K	25x	as long as short
BloFin ATOM-USDT	+0.0082%	8h	1.8160	+0.055%	$1.1M	$325K	75x	as long as short
Hyperliquid ATOM	+0.0100%	1h	1.8154	+0.022%	$2.8M	$850K	5x	as long as short
Aster ATOMUSDT	+0.0100%	8h	1.8164	+0.079%	$988K	$226K	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ATOMUSDT	+0.0100%	8h	1.8159	+0.051%	$21.6M	$31.3M	75x	as long as short
Gate ATOM_USDTlong	+0.0100%	8h	1.8150	long leg	$2.5M	$854K	75x
MEXC ATOM_USDT	+0.0100%	8h	1.8150	0.000%	$9.1M	$3.0M	200x	as long as short
KuCoin ATOMUSDTM	+0.0100%	8h	1.8170	+0.110%	$1.6M	$791K	50x	as long as short
Bitget ATOMUSDT	+0.0100%	8h	1.8144	−0.033%	$6.8M	$2.8M	75x	as long as short
BingX ATOM-USDT	+0.0100%	8h	1.8150	0.000%	—	$24.7M	—	as long as short
edgeX ATOMUSDC	+0.0100%	4h	1.8103	−0.259%	$445K	$296K	10x	as long as short
GRVT ATOM_USDT_Perp	+0.0100%	8h	1.8110	−0.219%	$768K	$2.9M	10x	as long as short
HTX ATOM-USDT	+0.0100%	8h	1.8144	−0.033%	$315K	$180K	75x	as long as short
Phemex ATOMUSDT	+0.0100%	8h	1.8160	+0.055%	$1.6M	$1.9M	50x	as long as short
Extended ATOM-USD	+0.0104%	1h	1.8163	+0.071%	$5K	$206K	10x	as long as short
Kraken Futures PF_ATOMUSD	+0.0121%	1h	1.8175	+0.139%	$3.1M	$695K	50x	as long as short
Injective ATOM/USDC PERP	+0.0132%	1h	1.8120	−0.165%	$661	$290K	12x	as long as short
GMX ATOM/USD [ETH-USDC]	L +0.0198% / S −0.1417%	1h	1.8165	+0.081%	$3K	—	120x	as long as short
Reya ATOMRUSDPERP	+0.0228%	1h	1.8143	−0.039%	$2K	—	25x	as long as short