Funding you earn now, next payment 09:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.009%
Price spread now: BingX against Kraken Futures−0.078%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now −0.078%, 7d avg −0.132%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BingX is 0.054% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.8% 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 | 1.7784 | −0.0265 | get 0.0033% / 1h | 44m 44s | $2.9M | $846K | 50x |
| Short | BingX ATOM-USDT | 1.7770 | 0.0100 | get 0.0100% / 8h | 7h 44m | — | $3.8M | — |
Kraken Futures PF_ATOMUSD
BingX ATOM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $76.63
- Price spread: −0.078% → −0.132%
- $5.35
- Slippage, 4 orders
- −$57.23
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $4.76
- Costs to cover
- 0.772%
- Break-even
- 6.6 days
Slippage from Kraken Futures: live order book, 4 min ago; BingX: live order book, 5 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, 4 min ago | 8.44 bp | 21.4 bp −$21 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.64 bp | 15.2 bp −$15 | 29.9 bp −$299 | 100.8 bp −$10.1K | 322.9 bp −$161.4K |
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 | −0.0425% | 1h | 1.7770 | −0.078% | $488 | $10K | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | −0.0265% | 1h | 1.7784 | long leg | $2.9M | $846K | 50x | |
| Phemex ATOMUSDT | −0.0173% | 8h | 1.7770 | −0.078% | $1.6M | $2.0M | 50x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7767 | −0.095% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7775 | −0.050% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0016% | 1h | 1.7700 | −0.472% | $24K | $4K | 25x | as long as short |
| Bybit ATOMUSDT | +0.0029% | 8h | 1.7772 | −0.067% | $15.0M | $10.5M | 75x | as long as short |
| Hyperliquid ATOM | +0.0096% | 1h | 1.7766 | −0.101% | $3.1M | $938K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7770 | −0.076% | $966K | $154K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7780 | −0.022% | $21.2M | $32.8M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
Phemex ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Bybit ATOMUSDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7760 | −0.135% | $5.0M | $6.1M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7770 | −0.078% | $2.4M | $780K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7760 | −0.135% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7780 | −0.022% | $1.5M | $717K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7786 | +0.012% | $6.6M | $3.2M | 75x | as long as short |
| BingX ATOM-USDTshort | +0.0100% | 8h | 1.7770 | −0.078% | — | $3.8M | — | |
| Variational Omni ATOM | +0.0100% | 8h | 1.7762 | −0.123% | $564K | $84K | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7738 | −0.256% | $437K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7733 | −0.286% | $749K | $2.6M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7754 | −0.168% | $310K | $156K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7776 | −0.044% | $8K | $276K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0107% | 8h | 1.7760 | −0.135% | $933K | $357K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.7780 | −0.022% | $649 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7776 | −0.045% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7762 | −0.122% | $2K | — | 25x | as long as short |
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
Variational Omni ATOM
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP