Funding you earn now, next payment 01:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.011%
Price spread now: Bybit against Kraken Futures−0.150%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.882% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)−0.098%−$10 · spread now −0.150%, 7d avg −0.155%
=The price spread sits at its 7-day average of −0.155%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ATOMUSD | 1.8187 | 0.0121 | pay 0.0015% / 1h | 7m 44s | $3.1M | $695K | 50x |
| Short | Bybit ATOMUSDT | 1.8160 | 0.0005 | get 0.0005% / 8h | 7h 07m | $15.2M | $10.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$24.35
- Price spread: −0.150% → −0.155%
- $0.51
- Slippage, 4 orders
- −$67.19
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$112.03
- Costs to cover
- 0.882%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; Bybit: live order book, 1 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, 6 min ago | 13.76 bp | 34.8 bp −$35 | 98.3 bp −$983 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.76 bp | 13.0 bp −$13 | 33.5 bp −$335 | 99.7 bp −$9,971 | 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 | −0.0190% | 1h | 1.8177 | −0.057% | $500 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0067% | 8h | 1.8160 | −0.150% | $5.2M | $5.6M | 50x | as long as short |
| Variational Omni ATOM | −0.0054% | 8h | 1.8122 | −0.359% | $580K | $78K | — | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8177 | −0.056% | $64K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.8174 | −0.073% | $1K | — | 150x | as long as short |
| Bybit ATOMUSDTshort | +0.0005% | 8h | 1.8160 | −0.150% | $15.2M | $10.7M | 75x | |
| Coinbase International ATOM-PERP-INTX | +0.0080% | 1h | 1.8080 | −0.590% | $25K | $12K | 25x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.8174 | −0.073% | $2.8M | $848K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8163 | −0.136% | $988K | $226K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.8180 | −0.040% | $21.6M | $31.3M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ATOM_USDT | +0.0100% | 8h | 1.8170 | −0.095% | $2.5M | $854K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8170 | −0.095% | $9.1M | $3.0M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8180 | −0.040% | $1.6M | $792K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8174 | −0.073% | $6.8M | $2.8M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8180 | −0.040% | — | $24.7M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8138 | −0.270% | $446K | $294K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8150 | −0.204% | $770K | $2.9M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8134 | −0.293% | $315K | $180K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8180 | −0.040% | $1.6M | $1.9M | 50x | as long as short |
| BloFin ATOM-USDT | +0.0102% | 8h | 1.8170 | −0.095% | $1.1M | $325K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8163 | −0.133% | $9K | $211K | 10x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0121% | 1h | 1.8187 | long leg | $3.1M | $695K | 50x | |
| Injective ATOM/USDC PERP | +0.0132% | 1h | 1.8150 | −0.205% | $662 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0198% / S −0.1417% | 1h | 1.8185 | −0.014% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8156 | −0.172% | $2K | — | 25x | as long as short |
Kraken Futures PF_ATOMUSD
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
Variational Omni ATOM
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
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]