Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: Bitget against Kraken Futures−0.124%48s7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 3 days (all we have)−0.234%−$23 · spread now −0.124%, 7d avg −0.164%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.040% dearer against Kraken Futures than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.164%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8095 | 0.0100 | pay 0.0012% / 1h | 32m 32s | $3.1M | $678K | 50x |
| Short | Bitget ATOMUSDT | 1.8073 | 0.0100 | get 0.0100% / 8h | 1h 32m | $6.8M | $2.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0.03
- Price spread: −0.124% → −0.164%
- $4.04
- Slippage, 4 orders
- −$49.39
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.32
- Costs to cover
- 0.714%
- Break-even
- 13801.8 days
Slippage from Kraken Futures: live order book, 1 min ago; Bitget: live order book, 6 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 | 5.52 bp | 21.2 bp −$21 | 65.2 bp −$652 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 3.58 bp | 17.3 bp −$17 | 27.8 bp −$278 | 114.2 bp −$11.4K | 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 | −0.0302% | 1h | 1.8099 | +0.020% | $498 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0082% | 8h | 1.8060 | −0.195% | $5.2M | $5.2M | 50x | as long as short |
| Variational Omni ATOM | −0.0012% | 8h | 1.8093 | −0.013% | $579K | $42K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8089 | −0.037% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8107 | +0.067% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0009% | 8h | 1.8077 | −0.101% | $15.2M | $10.5M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8150 | +0.302% | $25K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0100% | 1h | 1.8095 | long leg | $3.1M | $678K | 50x | |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8096 | +0.004% | $2.8M | $910K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8084 | −0.065% | $984K | $235K | 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 | 1.8091 | −0.026% | $21.6M | $30.8M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8080 | −0.085% | $2.5M | $842K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.030% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8090 | −0.030% | $1.6M | $838K | 50x | as long as short |
| Bitget ATOMUSDTshort | +0.0100% | 8h | 1.8073 | −0.124% | $6.8M | $2.8M | 75x | |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8100 | +0.026% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8101 | +0.031% | $445K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8105 | +0.051% | $771K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8104 | +0.048% | $310K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8080 | −0.085% | $1.6M | $1.9M | 50x | as long as short |
| BloFin ATOM-USDT | +0.0101% | 8h | 1.8080 | −0.085% | $1.1M | $335K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8097 | +0.007% | $6K | $184K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8100 | +0.026% | $660 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0203% / S −0.2202% | 1h | 1.8103 | +0.043% | $4K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8073 | −0.123% | $2K | — | 25x | as long as short |
Kraken Futures PF_ATOMUSD
Bitget ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
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
BloFin ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]