Funding you earn now, next payment 06:00 UTC−0.0560%/8h= −61.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.011%
Price spread now: dYdX against Kraken Futures−0.061%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and dYdX is 0.061% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.70 per $10,000. 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 | 1.7628 | 0.0560 | pay 0.0070% / 1h | 30m 08s | $2.9M | $846K | 50x |
| Short | dYdX ATOM-USD | 1.7617 | 0 | get 0.0000% / 1h | 30m 08s | $62K | $5K | 10x |
Kraken Futures PF_ATOMUSD
dYdX ATOM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$117.51
- Price spread: −0.061% → 0.000%
- −$6.08
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$143.59
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.
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 | 11.32 bp | 21.9 bp −$22 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ATOM-USDshort | 0.0000% | 1h | 1.7617 | −0.061% | $62K | $5K | 10x | |
| Deribit ATOM_USDC-PERPETUAL | 0.0000% | 1h | 1.7613 | −0.084% | $484 | $10K | 25x | as long as short |
| gTrade (Gains Network) ATOM/USD | L +0.0001% / S +0.0001% | 1h | 1.7614 | −0.080% | $782 | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0008% | 1h | 1.7860 | +1.317% | $24K | $4K | 25x | as long as short |
| Variational Omni ATOM | +0.0032% | 8h | 1.7622 | −0.032% | $559K | $78K | — | as long as short |
| BloFin ATOM-USDT | +0.0079% | 8h | 1.7660 | +0.182% | $1.1M | $352K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7616 | −0.067% | $2.7M | $734K | 5x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7582 | −0.261% | $955K | $202K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7613 | −0.082% | $21.0M | $32.7M | 75x | as long as short |
| Bybit ATOMUSDT | +0.0100% | 8h | 1.7592 | −0.204% | $14.5M | $10.3M | 75x | as long as short |
Deribit ATOM_USDC-PERPETUAL
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
Variational Omni ATOM
BloFin ATOM-USDT
Hyperliquid ATOM
Aster ATOMUSDT
Binance ATOMUSDT
Bybit 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 | 1.7590 | −0.215% | $4.9M | $5.8M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7600 | −0.158% | $2.4M | $856K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7610 | −0.102% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7610 | −0.102% | $1.5M | $717K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7606 | −0.124% | $6.6M | $3.1M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7600 | −0.158% | — | $24.4M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7656 | +0.160% | $434K | $297K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7649 | +0.120% | $753K | $2.7M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7631 | +0.018% | $308K | $179K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.7610 | −0.102% | $1.5M | $2.0M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7616 | −0.070% | $10K | $236K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0110% | 1h | 1.7670 | +0.239% | $645 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7617 | −0.062% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7600 | −0.159% | $2K | — | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | +0.0560% | 1h | 1.7628 | long leg | $2.9M | $846K | 50x |
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP