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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Bitget against Hyperliquid+0.006%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$660.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 7 days−0.095%−$10 · spread now +0.006%, 7d avg −0.027%
Together, before fees−0.050%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.032% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ATOM1.80170.0100pay 0.0013% / 1h46m 34s$2.8M$858K5x
ShortBitget ATOMUSDT1.80180.0100get 0.0100% / 8h7h 46m$6.8M$2.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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
$0
Price spread: +0.006% → −0.027%
$3.23
Slippage, 4 orders
−$44.73
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$62.49
Costs to cover
0.657%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago1.66 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.89 bp15.9 bp −$1636.3 bp −$363117.9 bp −$11.8Kdoesn't fit

ATOM on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ATOMUSDT−0.0330%8h1.7999−0.100%$15.0M$10.8M75xas long as short
Deribit ATOM_USDC-PERPETUAL−0.0138%1h1.80170.000%$495$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0078%8h1.8000−0.094%$5.1M$5.5M50xas long as short
Variational Omni ATOM−0.0055%8h1.7992−0.138%$577K$80Kas long as short
dYdX ATOM-USD0.0000%1h1.8027+0.056%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8016−0.003%$9K150xas long as short
Coinbase International ATOM-PERP-INTX+0.0080%1h1.8080+0.350%$25K$12K25xas long as short
BloFin ATOM-USDT+0.0080%8h1.8020+0.017%$1.1M$325K75xas long as short
Hyperliquid ATOMlong+0.0100%1h1.8017long leg$2.8M$858K5x
Aster ATOMUSDT+0.0100%8h1.8010−0.039%$980K$230K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.80170.000%$21.4M$31.4M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8010−0.039%$2.5M$850K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8010−0.039%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8040+0.128%$1.6M$792K50xas long as short
Bitget ATOMUSDTshort+0.0100%8h1.8018+0.006%$6.8M$2.8M75x
BingX ATOM-USDT+0.0100%8h1.8020+0.017%$24.8Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8020+0.018%$443K$295K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8030+0.072%$769K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8010−0.039%$308K$166K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8030+0.072%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8016−0.005%$5K$208K10xas long as short
Kraken Futures PF_ATOMUSD+0.0122%1h1.8024+0.040%$3.1M$696K50xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8020+0.017%$657$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8020+0.016%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.7996−0.119%$2K25xas long as short