Funding arb · Price arb /

ADA

all ADA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster+0.112%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.112%, 7d avg 0.000%

Together, before fees−0.155%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.112% dearer against Aster than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ADAUSDT	0.2472	0.0100	pay 0.0100% / 8h	4h 32m	$1.2M	$985K	75x
Short	Binance ADAUSDT	0.2475	0.0100	get 0.0100% / 8h	4h 32m	$104.8M	$370.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → 0.000%: $11.16
Slippage, 4 orders: −$18.1
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.93
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Binance: live order book, 11 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 Aster live order book, 1 min ago	2.02 bp	15.1 bp −$15	30.6 bp −$306	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	2.04 bp	7.0 bp −$7	11.9 bp −$119	26.5 bp −$2,645	76.3 bp −$38.1K

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	0.2470	−0.092%	$203K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2472	+0.007%	$155K	$6.2M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2471	−0.018%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.033%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2449	−0.923%	$424K	$7.7M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0091%	1h	0.2474	+0.074%	$6.3M	$12.8M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2475	+0.141%	$2.4M	$1.1M	10x	as long as short
Aster ADAUSDTlong	+0.0100%	8h	0.2472	long leg	$1.2M	$985K	75x
Pacifica ADA	+0.0100%	1h	0.2472	−0.003%	$161K	$162K	10x	as long as short
Binance ADAUSDTshort	+0.0100%	8h	0.2475	+0.112%	$104.8M	$370.2M	75x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2473	+0.048%	$72.2M	$108.9M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2474	+0.088%	$33.0M	$105.6M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2472	+0.007%	$98.7M	$59.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2474	+0.088%	$61.3M	$60.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2474	+0.080%	$29.9M	$15.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2474	+0.088%	$66.5M	$49.4M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2474	+0.088%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2475	+0.116%	$123K	$445K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2449	−0.921%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2456	−0.638%	$65K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2456	−0.620%	$289K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2455	−0.681%	$226K	$743K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2473	+0.039%	$95K	$688K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2472	+0.007%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2473	+0.059%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2474	+0.088%	$8K	$733K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2474	+0.088%	$340	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2474	+0.073%	$1.3M	$6.4M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2473	+0.048%	$48.2M	$6.6M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2472	+0.021%	$534K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0109%	8h	0.2472	+0.022%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0179%	1h	0.2475	+0.145%	$43.0M	$14.8M	10x	as long as short
Phoenix ADA	+0.0195%	1h	0.2463	−0.365%	$4K	$100K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2469	−0.114%	$4.5M	$5.8M	75x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2471	−0.014%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0595% / S −0.0547%	1h	0.2472	−0.002%	$133K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0721%	1h	0.2475	+0.124%	$600K	$489K	50x	as long as short