Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against Gate+0.101%51s7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.940% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.323%+$32 · spread now +0.101%, 7d avg +0.162%
=Funding pays, the price is against you. Kraken Futures is 0.061% cheaper against Gate than usual: you would sell low and buy high (spread +0.101% now, against its 7-day average of +0.162%). If the spread goes back, that is −$6 on $10k: about 3.0 days of funding at the current rate (+$2 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ATOM_USDT | 1.7740 | 0.0100 | pay 0.0100% / 8h | 3h 01m | $2.4M | $819K | 75x |
| Short | Kraken Futures PF_ATOMUSD | 1.7758 | 0.0168 | get 0.0021% / 1h | 1m 27s | $3.0M | $825K | 50x |
Gate ATOM_USDT
Kraken Futures PF_ATOMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $14.22
- Price spread: +0.101% → +0.162%
- −$6.06
- Slippage, 4 orders
- −$68.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$85.82
- Costs to cover
- 0.940%
- Break-even
- 49.3 days
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 2 min ago.
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, 1 min ago | 2.82 bp | 27.1 bp −$27 | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 8.44 bp | 17.6 bp −$18 | 74.6 bp −$746 | doesn't fit | doesn't fit |
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 | −0.0256% | 1h | 1.8040 | +1.691% | $25K | $4K | 25x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0201% | 1h | 1.7746 | +0.034% | $488 | $10K | 25x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7747 | +0.039% | $62K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7752 | +0.065% | $788 | — | 150x | as long as short |
| Variational Omni ATOM | +0.0035% | 8h | 1.7782 | +0.236% | $564K | $78K | — | as long as short |
| BloFin ATOM-USDT | +0.0073% | 8h | 1.7770 | +0.169% | $1.1M | $335K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7752 | +0.068% | $2.8M | $715K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7748 | +0.044% | $962K | $216K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7740 | +0.001% | $21.1M | $30.2M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7730 | −0.056% | $14.7M | $9.8M | 75x | as long as short |
Coinbase International ATOM-PERP-INTX
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7730 | −0.056% | $4.9M | $5.6M | 50x | as long as short |
| Gate ATOM_USDTlong | +0.0100% | 8h | 1.7740 | long leg | $2.4M | $819K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7740 | 0.000% | $7.8M | $3.1M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7750 | +0.056% | $1.6M | $666K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7740 | 0.000% | $6.6M | $2.9M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7740 | 0.000% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7760 | +0.110% | $437K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7790 | +0.282% | $754K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7743 | +0.017% | $309K | $176K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7760 | +0.113% | $1.5M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7745 | +0.028% | $6K | $231K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0146% | 1h | 1.7790 | +0.282% | $649 | $290K | 12x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0168% | 1h | 1.7758 | +0.101% | $3.0M | $825K | 50x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1340% | 1h | 1.7747 | +0.039% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7735 | −0.029% | $2K | — | 25x | as long as short |
OKX ATOM-USDT-SWAP
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP