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

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0402%/8h= −44.0% APRnext payment $0.50 per $10,000 · paid last 24h −0.061%
Price spread now: Coinbase International against Injective−0.442%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.442% cheaper against Injective than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ATOM/USDC PERP1.81200.0146pay 0.0018% / 1h56m 23s$661$290K12x
ShortCoinbase International ATOM-PERP-INTX1.8040−0.0256pay 0.0032% / 1h56m 23s$25K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$84.44
Price spread: −0.442% → 0.000%
−$44.15
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$138.61
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 48 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 48 min ago36.04 bp36.1 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International ATOM-PERP-INTXshort−0.0256%1h1.8040−0.442%$25K$4K25x
Variational Omni ATOM−0.0042%8h1.8082−0.211%$578K$74Kas long as short
Deribit ATOM_USDC-PERPETUAL−0.0026%1h1.8111−0.050%$498$10K25xas long as short
dYdX ATOM-USD0.0000%1h1.8117−0.018%$63K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL +0.0001% / S +0.0001%1h1.8116−0.024%$804150xas long as short
Bybit ATOMUSDT+0.0042%8h1.8101−0.105%$15.0M$9.7M75xas long as short
OKX ATOM-USDT-SWAP+0.0049%8h1.8090−0.166%$5.0M$5.6M50xas long as short
BloFin ATOM-USDT+0.0089%8h1.8110−0.055%$1.1M$304K75xas long as short
Hyperliquid ATOM+0.0100%1h1.8113−0.039%$2.8M$700K5xas long as short
Aster ATOMUSDT+0.0100%8h1.8100−0.110%$981K$234K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ATOMUSDT+0.0100%8h1.8116−0.023%$21.5M$29.9M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8110−0.055%$2.5M$796K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8100−0.110%$8.5M$3.0M200xas long as short
KuCoin ATOMUSDTM+0.0100%8h1.8130+0.055%$1.6M$673K50xas long as short
Bitget ATOMUSDT+0.0100%8h1.8113−0.039%$6.9M$2.7M75xas long as short
BingX ATOM-USDT+0.0100%8h1.8110−0.055%$24.4Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8104−0.090%$445K$294K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8100−0.111%$775K$2.7M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8087−0.182%$315K$175K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8110−0.055%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8110−0.054%$5K$200K10xas long as short
Injective ATOM/USDC PERPlong+0.0146%1h1.8120long leg$661$290K12x
Kraken Futures PF_ATOMUSD+0.0164%1h1.8134+0.075%$3.1M$704K50xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0198% / S −0.1417%1h1.8116−0.024%$3K120xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8097−0.127%$2K25xas long as short