ATOM vs Ethereum Comparison

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

ATOM
$1.85
+1.27% (24h)
View ATOM Analysis
ETH
$1,917.9
-3.47% (24h)
View ETH Analysis

ATOM vs ETH Comparison Table

MetricATOMETHEdge
Price$1.85$1,917.9-
24h Change+1.27%-3.47%ATOM
24h Volume$782.3K$964.69METH
Open Interest$3.01M$1.13BETH
Funding Rate (8h)-0.0037%-0.0009%ATOM
Annualized Funding-4.00%-0.97%-

Derivatives Comparison

Funding Rate Comparison

ATOM has a funding rate of -0.0037% (8h), while ETH sits at -0.0009% (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 $3.01M in open interest with an OI/Volume ratio of 3.85.ETH has $1.13B with a ratio of 1.17.

ATOM 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 $782.3K in the last 24 hours, while ETH traded $964.69M.

ETH 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.

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Frequently Asked Questions

ATOM (ATOM) and Ethereum (ETH) are both available as perpetual futures on Hyperliquid. They differ in price, market capitalization, trading volume, and funding rates. ATOM currently trades at $1.85 while ETH trades at $1,917.9. 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 (-0.0037% per 8h) compared to ETH (-0.0009% 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 ETH depends on your strategy and risk tolerance. ATOM has a 24h volume of $782.3K and open interest of $3.01M, while ETH has $964.69M volume and $1.13B 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.
ETH currently has higher open interest, indicating more capital committed to open positions. ATOM has $3.01M in open interest while ETH has $1.13B. 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 Ethereum (ETH) 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.

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