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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: edgeX against Hyperliquid−0.026%46s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$14 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now −0.026%, 7d avg −0.001%
Together, before fees+0.153%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$15 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: edgeX is 0.025% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ATOM1.81540.0100pay 0.0013% / 1h12m 40s$2.8M$911K5x
ShortedgeX ATOMUSDC1.81490.0100get 0.0050% / 4h1h 12m$447K$295K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.026% → −0.001%
−$2.47
Slippage, 4 orders
−$51.85
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$72.32
Costs to cover
0.698%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; edgeX: live order book, 6 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, 8 min ago1.38 bp15.0 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 6 min ago11.02 bp18.0 bp −$18105.4 bp −$1,054doesn't fitdoesn'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
Deribit ATOM_USDC-PERPETUAL−0.0190%1h1.8157+0.017%$499$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0091%8h1.8140−0.077%$5.2M$5.3M50xas long as short
dYdX ATOM-USD0.0000%1h1.8161+0.036%$63K$3K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8156+0.013%$9K150xas long as short
Variational Omni ATOM+0.0005%8h1.8143−0.062%$589K$71Kas long as short
Bybit ATOMUSDT+0.0021%8h1.8150−0.022%$15.2M$10.6M75xas long as short
Coinbase International ATOM-PERP-INTX+0.0032%1h1.8150−0.022%$25K$12K25xas long as short
BloFin ATOM-USDT+0.0086%8h1.8180+0.143%$1.1M$338K75xas long as short
Kraken Futures PF_ATOMUSD+0.0099%1h1.8187+0.183%$3.1M$678K50xas long as short
Hyperliquid ATOMlong+0.0100%1h1.8154long leg$2.8M$911K5x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8160+0.033%$988K$235K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8160+0.033%$21.7M$30.8M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8150−0.022%$2.5M$846K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8150−0.022%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8160+0.033%$1.6M$840K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8147−0.039%$6.8M$2.8M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8140−0.077%$24.7Mas long as short
edgeX ATOMUSDCshort+0.0100%4h1.8149−0.026%$447K$295K10x
GRVT ATOM_USDT_Perp+0.0100%8h1.8150−0.022%$767K$2.9M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8155+0.006%$311K$179K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8160+0.033%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8163+0.048%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0143%1h1.8180+0.143%$663$290K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0203% / S −0.2202%1h1.8161+0.037%$4K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8144−0.053%$2K25xas long as short