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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against ApeX Omni−0.420%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.420% cheaper against ApeX Omni than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ADAUSDT0.24740.0100pay 0.0013% / 1h35m 04s$56K$580K50x
ShortgTrade (Gains Network) ADA/USD0.2464L +0.0005% / S −0.0003%get 0.0000% / 1h35m 04s$85K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$20.34
Price spread: −0.420% → 0.000%
−$42.04
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$82.38
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 48 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 48 min ago4.06 bp13.1 bp −$1342.7 bp −$427doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ADA on 37 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
dYdX ADA-USD0.0000%1h0.2460−0.579%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2463−0.445%$159K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2464−0.420%$85K150x
Coinbase International ADA-PERP-INTX+0.0064%1h0.2460−0.566%$415K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2462−0.465%$6.2M$11.5M50xas long as short
Lighter ADA+0.0096%1h0.2465−0.372%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2462−0.465%$42.7M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2463−0.434%$1.2M$920K75xas long as short
Pacifica ADA+0.0100%1h0.2462−0.483%$157K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2461−0.515%$102.1M$357.1M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2461−0.525%$71.6M$100.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2461−0.525%$31.9M$105.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2462−0.485%$97.3M$58.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2463−0.445%$53.7M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2464−0.404%$30.4M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2460−0.566%$65.8M$43.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.2463−0.445%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463−0.441%$103K$418K15xas long as short
Variational Omni ADA+0.0100%8h0.2463−0.436%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2468−0.223%$66K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2467−0.282%$298K$3.7M10xas long as short
ApeX Omni ADAUSDTlong+0.0100%1h0.2474long leg$56K$580K50x
Polymarket Perps ADA-USD+0.0100%1h0.2464−0.404%$97K$623K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.404%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2464−0.384%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2464−0.403%$9K$757K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2464−0.424%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2464−0.397%$1.3M$5.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2463−0.445%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2462−0.465%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2460−0.562%$558K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2464−0.404%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2463−0.445%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0278%1h0.2465−0.352%$479K$351K50xas long as short
Reya ADARUSDPERP+0.0285%1h0.2465−0.358%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2471−0.121%$849$202K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0567% / S −0.0313%1h0.2463−0.428%$122K100xas long as short