Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.038%
Price spread now: Kraken Futures against Injective+0.055%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1261.257% of the position
Funding, last 7 days−0.495%−$50 on $10k
+Price spread, last 3 days (all we have)+0.289%+$29 · spread now +0.055%, 7d avg +0.052%
=The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.495%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ATOM/USDC PERP | 1.8060 | 0.0132 | pay 0.0016% / 1h | 10m 56s | $659 | $174K | 12x |
| Short | Kraken Futures PF_ATOMUSD | 1.8070 | 0.0204 | get 0.0025% / 1h | 10m 56s | $3.1M | $663K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $15.06
- Price spread: +0.055% → +0.052%
- $0.36
- Slippage, 4 orders
- −$115.71
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$110.31
- Costs to cover
- 1.257%
- Break-even
- 58.3 days
Slippage from Injective: live order book, 63 min ago; Kraken Futures: live order book, 3 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 Injective live order book, 63 min ago | 36.12 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 13.82 bp | 29.7 bp −$30 | 58.7 bp −$587 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0193% | 1h | 1.8052 | −0.044% | $496 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0053% | 8h | 1.8030 | −0.166% | $5.2M | $5.0M | 50x | as long as short |
| Variational Omni ATOM | −0.0020% | 8h | 1.8064 | +0.023% | $577K | $18K | — | as long as short |
| Coinbase International ATOM-PERP-INTX | −0.0008% | 1h | 1.8190 | +0.720% | $26K | $12K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0007% | 8h | 1.8030 | −0.166% | $15.2M | $10.4M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8059 | −0.005% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8048 | −0.066% | $9K | — | 150x | as long as short |
| Bitget ATOMUSDT | +0.0098% | 8h | 1.8036 | −0.133% | $6.8M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8042 | −0.100% | $2.8M | $925K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8053 | −0.037% | $982K | $243K | 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 | 1.8051 | −0.048% | $21.5M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8030 | −0.166% | $2.5M | $834K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8050 | −0.055% | $9.1M | $2.9M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8050 | −0.055% | $1.6M | $825K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8050 | −0.055% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8092 | +0.179% | $445K | $295K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8060 | +0.001% | $770K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8029 | −0.172% | $308K | $185K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8050 | −0.055% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8048 | −0.068% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0106% | 8h | 1.8100 | +0.221% | $1.1M | $325K | 75x | as long as short |
| Injective ATOM/USDC PERPlong | +0.0132% | 1h | 1.8060 | long leg | $659 | $174K | 12x | |
| GMX ATOM/USD [ETH-USDC] | L +0.0200% / S −0.1798% | 1h | 1.8053 | −0.039% | $3K | — | 120x | as long as short |
| Kraken Futures PF_ATOMUSDshort | +0.0204% | 1h | 1.8070 | +0.055% | $3.1M | $663K | 50x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8026 | −0.189% | $2K | — | 25x | as long as short |
Injective ATOM/USDC PERP
Kraken Futures PF_ATOMUSD
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
gTrade (Gains Network) ATOM/USD
Bitget ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
GMX ATOM/USD [ETH-USDC]