Funding you earn now, next payment 09:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.009%
Price spread now: Gate against Kraken Futures−0.185%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.185%, 7d avg −0.156%
=Funding pays, the price is against you. Gate is 0.028% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.156%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.011% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | 1.7753 | −0.0265 | get 0.0033% / 1h | 52m 33s | $2.9M | $838K | 50x |
| Short | Gate ATOM_USDT | 1.7720 | 0.0100 | get 0.0100% / 8h | 7h 52m | $2.4M | $780K | 75x |
Kraken Futures PF_ATOMUSD
Gate ATOM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $76.73
- Price spread: −0.185% → −0.156%
- −$2.8
- Slippage, 4 orders
- −$79.74
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$30.81
- Costs to cover
- 1.047%
- Break-even
- 9.8 days
Slippage from Kraken Futures: live order book, 1 min ago; Gate: 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, 1 min ago | 8.45 bp | 23.9 bp −$24 | 65.9 bp −$659 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.64 bp | 29.3 bp −$29 | 106.0 bp −$1,060 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ATOMUSDT | −0.0929% | 8h | 1.7730 | −0.128% | $1.5M | $2.0M | 50x | as long as short |
| Bybit ATOMUSDT | −0.0463% | 8h | 1.7720 | −0.185% | $14.9M | $10.5M | 75x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0370% | 1h | 1.7740 | −0.072% | $488 | $10K | 25x | as long as short |
| Kraken Futures PF_ATOMUSDlong | −0.0265% | 1h | 1.7753 | long leg | $2.9M | $838K | 50x | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7737 | −0.089% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7745 | −0.045% | $9K | — | 150x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0016% | 1h | 1.7700 | −0.297% | $24K | $4K | 25x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0060% | 8h | 1.7703 | −0.280% | $747K | $2.6M | 10x | as long as short |
| BloFin ATOM-USDT | +0.0087% | 8h | 1.7740 | −0.072% | $938K | $356K | 75x | as long as short |
| Hyperliquid ATOM | +0.0100% | 1h | 1.7721 | −0.179% | $3.1M | $937K | 5x | as long as short |
Phemex ATOMUSDT
Bybit ATOMUSDT
Deribit ATOM_USDC-PERPETUAL
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Coinbase International ATOM-PERP-INTX
GRVT ATOM_USDT_Perp
BloFin ATOM-USDT
Hyperliquid ATOMShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ATOMUSDT | +0.0100% | 8h | 1.7745 | −0.046% | $965K | $154K | 20x | as long as short |
| Binance ATOMUSDT | +0.0100% | 8h | 1.7740 | −0.072% | $21.2M | $32.8M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7720 | −0.185% | $5.0M | $6.1M | 50x | as long as short |
| Gate ATOM_USDTshort | +0.0100% | 8h | 1.7720 | −0.185% | $2.4M | $780K | 75x | |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7730 | −0.128% | $8.3M | $5.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7740 | −0.072% | $1.5M | $717K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7728 | −0.139% | $6.6M | $3.2M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7720 | −0.185% | — | $3.8M | — | as long as short |
| Variational Omni ATOM | +0.0100% | 8h | 1.7712 | −0.229% | $563K | $84K | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7709 | −0.245% | $436K | $296K | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7698 | −0.308% | $309K | $156K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7721 | −0.178% | $8K | $276K | 10x | as long as short |
| Injective ATOM/USDC PERP | +0.0171% | 1h | 1.7730 | −0.128% | $647 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0197% / S −0.1340% | 1h | 1.7747 | −0.033% | $2K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7722 | −0.172% | $2K | — | 25x | as long as short |
Aster ATOMUSDT
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
Variational Omni ATOM
edgeX ATOMUSDC
HTX ATOM-USDT
Extended ATOM-USD
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP