Settings8H · net · $10k
Funding arb · Price arb /

ATOM

all ATOM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.13 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.330%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$960.957% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 7 days+0.131%+$13 · spread now −0.330%, 7d avg −0.071%
Together, before fees+0.342%+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.259% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.071%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATOMUSDTM1.81700.0100pay 0.0100% / 8h2h 21m$1.6M$820K50x
ShortBitget ATOMUSDT1.81100.0087get 0.0087% / 8h2h 21m$6.7M$2.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.73
Price spread: −0.330% → −0.071%
−$25.89
Slippage, 4 orders
−$71.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$124.29
Costs to cover
0.957%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago5.50 bp26.9 bp −$27127.3 bp −$1,273doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.31 bp18.4 bp −$1826.3 bp −$263111.6 bp −$11.2Kdoesn't fit

ATOM on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ATOM_USDC-PERPETUAL−0.0302%1h1.8113−0.314%$498$10K25xas long as short
OKX ATOM-USDT-SWAP−0.0049%8h1.8080−0.495%$5.3M$5.0M50xas long as short
Variational Omni ATOM−0.0038%8h1.8174+0.024%$580K$18Kas long as short
Bybit ATOMUSDT−0.0019%8h1.8103−0.369%$15.2M$10.4M75xas long as short
Coinbase International ATOM-PERP-INTX−0.0008%1h1.8190+0.110%$26K$12K25xas long as short
dYdX ATOM-USD0.0000%1h1.8179+0.050%$64K$4K10xas long as short
gTrade (Gains Network) ATOM/USDL 0.0000% / S +0.0001%1h1.8108−0.341%$9K150xas long as short
BloFin ATOM-USDT+0.0082%8h1.8180+0.055%$1.1M$327K75xas long as short
Bitget ATOMUSDTshort+0.0087%8h1.8110−0.330%$6.7M$2.7M75x
Hyperliquid ATOM+0.0100%1h1.8148−0.121%$2.8M$923K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATOMUSDT+0.0100%8h1.8168−0.009%$989K$243K20xas long as short
Binance ATOMUSDT+0.0100%8h1.8111−0.323%$21.7M$30.4M75xas long as short
Gate ATOM_USDT+0.0100%8h1.8100−0.385%$2.5M$831K75xas long as short
MEXC ATOM_USDT+0.0100%8h1.8150−0.110%$9.1M$2.9M200xas long as short
KuCoin ATOMUSDTMlong+0.0100%8h1.8170long leg$1.6M$820K50x
BingX ATOM-USDT+0.0100%8h1.8110−0.330%$24.6Mas long as short
edgeX ATOMUSDC+0.0100%4h1.8164−0.031%$447K$293K10xas long as short
GRVT ATOM_USDT_Perp+0.0100%8h1.8160−0.055%$775K$3.0M10xas long as short
HTX ATOM-USDT+0.0100%8h1.8179+0.050%$310K$185K75xas long as short
Phemex ATOMUSDT+0.0100%8h1.8120−0.275%$1.6M$1.9M50xas long as short
Extended ATOM-USD+0.0104%1h1.8109−0.335%$6K$184K10xas long as short
Injective ATOM/USDC PERP+0.0132%1h1.8180+0.055%$663$174K12xas long as short
GMX ATOM/USD [ETH-USDC]L +0.0199% / S −0.1495%1h1.8118−0.288%$3K120xas long as short
Kraken Futures PF_ATOMUSD+0.0203%1h1.8146−0.132%$3.1M$668K50xas long as short
Reya ATOMRUSDPERP+0.0228%1h1.8135−0.195%$2K25xas long as short