Funding arb · Price arb /

ADA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against ApeX Omni−0.017%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.017%, 7d avg 0.000%

Together, before fees−0.023%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ADAUSDT	0.2441	0.0100	pay 0.0013% / 1h	11m 34s	$55K	$582K	50x
Short	Aster ADAUSDT	0.2441	0.0100	get 0.0100% / 8h	11m 34s	$1.2M	$930K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → 0.000%: −$1.68
Slippage, 4 orders: −$30.84
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$50.53
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 66 min ago; Aster: live order book, 1 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 ApeX Omni live order book, 66 min ago	6.10 bp	12.8 bp −$13	42.2 bp −$422	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	2.05 bp	8.9 bp −$9	21.1 bp −$211	doesn't fit	doesn't fit

ADA on 37 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 ADA-USD	0.0000%	1h	0.2440	−0.046%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2442	+0.041%	$186K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2442	+0.023%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2440	−0.041%	$406K	$7.3M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2442	+0.020%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2440	−0.020%	$42.3M	$14.3M	10x	as long as short
Aster ADAUSDTshort	+0.0100%	8h	0.2441	−0.017%	$1.2M	$930K	75x
Pacifica ADA	+0.0100%	1h	0.2441	−0.016%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2440	−0.051%	$101.0M	$366.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2439	−0.082%	$70.9M	$104.0M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2440	−0.041%	$32.3M	$107.0M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2439	−0.082%	$97.3M	$60.4M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2440	−0.041%	$52.2M	$51.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2440	−0.037%	$29.9M	$18.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2439	−0.082%	$65.6M	$43.7M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2440	−0.041%	—	$21.3M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2442	+0.020%	$106K	$418K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2445	+0.170%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2441	+0.011%	$65K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2441	−0.003%	$291K	$3.8M	10x	as long as short
ApeX Omni ADAUSDTlong	+0.0100%	1h	0.2441	long leg	$55K	$582K	50x
Polymarket Perps ADA-USD	+0.0100%	1h	0.2439	−0.066%	$94K	$641K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2441	0.000%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2441	−0.001%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2443	+0.083%	$9K	$767K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2441	+0.012%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2442	+0.041%	$1.3M	$5.4M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2441	0.000%	$47.7M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2442	+0.023%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2441	−0.019%	$551K	$1.8M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0114%	1h	0.2441	−0.020%	$6.1M	$11.7M	50x	as long as short
Phoenix ADA	+0.0130%	1h	0.2442	+0.061%	$4K	$78K	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0201%	1h	0.2442	+0.049%	$490K	$430K	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2441	0.000%	$4.3M	$5.5M	75x	as long as short
Injective ADA/USDC PERP	+0.0254%	1h	0.2471	+1.229%	$849	$202K	12x	as long as short
Reya ADARUSDPERP	+0.0283%	1h	0.2440	−0.059%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0563% / S −0.0313%	1h	0.2441	+0.004%	$121K	—	100x	as long as short