ATOM vs Optimism Comparison

Side-by-side comparison of ATOM and OP on Hyperliquid perpetual futures

ATOM
$1.83
-0.08% (24h)
View ATOM Analysis
OP
$0.1264
+0.52% (24h)
View OP Analysis

ATOM vs OP Comparison Table

MetricATOMOPEdge
Price$1.83$0.1264-
24h Change-0.08%+0.52%OP
24h Volume$561.7K$579.9KOP
Open Interest$2.73M$3.18MOP
Funding Rate (8h)-0.0114%-0.0006%ATOM
Annualized Funding-12.50%-0.64%-

Derivatives Comparison

Funding Rate Comparison

ATOM has a funding rate of -0.0114% (8h), while OP sits at -0.0006% (8h).

ATOM has a higher absolute funding rate, meaning shorts are paying more to hold positions. This suggests stronger directional conviction in ATOM.

Open Interest Context

ATOM has $2.73M in open interest with an OI/Volume ratio of 4.85.OP has $3.18M with a ratio of 5.49.

OP has a higher OI/Volume ratio, indicating more sustained positions relative to trading activity. This typically means traders are holding longer-term directional bets.

Volume Context

ATOM traded $561.7K in the last 24 hours, while OP traded $579.9K.

OP is more actively traded, which generally means tighter spreads, better execution, and lower slippage for traders. Higher volume also tends to reflect greater market interest and liquidity.

Quick Links

Other Comparisons

Frequently Asked Questions

ATOM (ATOM) and Optimism (OP) are both available as perpetual futures on Hyperliquid. They differ in price, market capitalization, trading volume, and funding rates. ATOM currently trades at $1.83 while OP trades at $0.1264. Each has its own funding rate dynamics, open interest levels, and volatility profile, making them suitable for different trading strategies.
Currently, ATOM has a higher absolute funding rate (-0.0114% per 8h) compared to OP (-0.0006% per 8h). A higher funding rate means traders on the paying side incur greater costs, but it can also present funding rate arbitrage opportunities.
The choice between trading ATOM and OP depends on your strategy and risk tolerance. ATOM has a 24h volume of $561.7K and open interest of $2.73M, while OP has $579.9K volume and $3.18M open interest. Higher volume typically means tighter spreads and better execution. Consider each asset's funding rate, volatility, and your own thesis when deciding. You can trade both on Beacon with real-time analytics.
OP currently has higher open interest, indicating more capital committed to open positions. ATOM has $2.73M in open interest while OP has $3.18M. Higher open interest generally signals stronger market conviction and can lead to more volatile moves when liquidations cascade. The OI-to-volume ratio also matters - a higher ratio suggests more sustained positioning rather than purely speculative day trading.
Yes, both ATOM (ATOM) and Optimism (OP) perpetual futures are available on Hyperliquid and can be traded through Beacon. You can open positions in both assets simultaneously, allowing for pair trades, hedging strategies, or portfolio diversification. Beacon provides real-time data, signals, and analytics for both assets to help inform your trading decisions.

Trade ATOM and OP on Beacon

Access real-time data, professional trading tools, and smart signals for ATOM, OP, and 100+ other perpetual markets.