Funding you earn now, next payment 20:00 UTC−0.0439%/8hpaid last 24h +0.032%
Price spread now: Binance against Kraken Futures−0.085%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)−0.106%−$11 · spread now −0.085%, 7d avg −0.097%
=The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.7925 | 0.0539 | pay 0.0067% / 1h | 7m 05s | $3.1M | $680K | 50x |
| Short | Binance ATOMUSDT | 1.7910 | 0.0100 | get 0.0100% / 8h | 4h 07m | $21.4M | $31.2M | 75x |
Kraken Futures PF_ATOMUSD
Binance ATOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$92.1
- Price spread: −0.085% → −0.097%
- $1.16
- Slippage, 4 orders
- −$40.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$151.89
- Costs to cover
- 0.609%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Binance: live order book, 9 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 Kraken Futures live order book, 1 min ago | 2.79 bp | 23.7 bp −$24 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.79 bp | 11.0 bp −$11 | 25.6 bp −$256 | 109.0 bp −$10.9K | 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 | −0.0141% | 1h | 1.7910 | −0.085% | $492 | $10K | 25x | as long as short |
| Bybit ATOMUSDT | −0.0054% | 8h | 1.7900 | −0.141% | $15.0M | $10.7M | 75x | as long as short |
| Variational Omni ATOM | −0.0040% | 8h | 1.7885 | −0.225% | $568K | $15K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7920 | −0.031% | $62K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7913 | −0.069% | $9K | — | 150x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0006% | 8h | 1.7880 | −0.253% | $5.2M | $4.9M | 50x | as long as short |
| Bitget ATOMUSDT | +0.0062% | 8h | 1.7898 | −0.152% | $6.5M | $2.7M | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7899 | −0.147% | $2.8M | $992K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7910 | −0.085% | $972K | $235K | 20x | as long as short |
| Binance ATOMUSDTshort | +0.0100% | 8h | 1.7910 | −0.085% | $21.4M | $31.2M | 75x |
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
Variational Omni ATOM
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
OKX ATOM-USDT-SWAP
Bitget ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.7900 | −0.141% | $2.5M | $879K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7900 | −0.141% | $8.7M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7920 | −0.030% | $1.6M | $884K | 50x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7900 | −0.141% | — | $25.2M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7916 | −0.051% | $441K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7894 | −0.176% | $759K | $2.8M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7905 | −0.113% | $305K | $192K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7910 | −0.085% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7908 | −0.095% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0109% | 8h | 1.7900 | −0.141% | $1.1M | $368K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0134% | 1h | 1.7930 | +0.026% | $654 | $123K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0196% / S −0.0976% | 1h | 1.7914 | −0.064% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7892 | −0.184% | $2K | — | 25x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0304% | 1h | 1.7870 | −0.309% | $25K | $11K | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0539% | 1h | 1.7925 | long leg | $3.1M | $680K | 50x |
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
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP
Coinbase International ATOM-PERP-INTX