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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Aster−0.193%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$470.465% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.486%+$49 · spread now −0.193%, 7d avg −0.016%
Together, before fees+0.502%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$50 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: edgeX is 0.177% cheaper against Aster than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ADAUSDT0.24990.0100pay 0.0100% / 8h7h 05m$1.2M$1.2M75x
ShortedgeX ADAUSDC0.24940.0100get 0.0050% / 4h3h 05m$66K$289K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$0
Price spread: −0.193% → −0.016%
−$17.68
Slippage, 4 orders
−$29.53
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$64.21
Costs to cover
0.465%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; edgeX: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago2.00 bp10.7 bp −$1147.0 bp −$470doesn't fitdoesn't fit
Sell edgeX live order book, 28 min ago6.14 bp10.6 bp −$1128.0 bp −$280doesn't fitdoesn't fit

ADA on 36 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
Kalshi KXADAPERP0.0000%8h0.2497−0.084%$219K$7.7M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2496−0.115%$86K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.125%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2499+0.004%$2.4M$1.1M10xas long as short
Aster ADAUSDTlong+0.0100%8h0.2499long leg$1.2M$1.2M75x
Pacifica ADA+0.0100%1h0.2497−0.096%$160K$180K10xas long as short
Binance ADAUSDT+0.0100%8h0.2499−0.006%$106.3M$397.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2497−0.084%$75.2M$125.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2499−0.004%$33.2M$116.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2495−0.164%$102.7M$63.6M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ADA_USDT+0.0100%8h0.2498−0.044%$58.5M$69.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2497−0.068%$30.1M$15.7M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2498−0.044%$68.2M$52.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2497−0.084%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2498−0.032%$146K$466K15xas long as short
Variational Omni ADA+0.0100%8h0.2496−0.121%$4.2M$1.1Mas long as short
edgeX ADAUSDCshort+0.0100%4h0.2494−0.193%$66K$289K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2496−0.124%$295K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2495−0.164%$75K$897K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2495−0.144%$118K$1.3M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2498−0.044%$6K$5K20xas long as short
SunX ADA-USDT+0.0100%8h0.2498−0.035%$8K$720K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2498−0.024%$344$6K10xas long as short
HTX ADA-USDT+0.0100%8h0.2495−0.149%$1.3M$7.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2497−0.084%$48.2M$7.7M50xas long as short
Paradex ADA-USD-PERP+0.0103%8h0.2497−0.100%$21K20xas long as short
Extended ADA-USD+0.0104%1h0.2498−0.051%$547K$1.8M50xas long as short
Hyperliquid ADA+0.0109%1h0.2497−0.096%$44.1M$18.5M10xas long as short
Coinbase International ADA-PERP-INTX+0.0152%1h0.2494−0.204%$376K$8.5M50xas long as short
Phoenix ADA+0.0163%1h0.2497−0.076%$3K$113K10xas long as short
Kraken Futures PF_ADAUSD+0.0195%1h0.2498−0.033%$6.4M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2496−0.124%$4.5M$5.7M75xas long as short
Reya ADARUSDPERP+0.0271%1h0.2493−0.245%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0371% / S −0.0295%1h0.2497−0.094%$89K100xas long as short
dYdX ADA-USD+0.0502%1h0.2496−0.129%$209K$5K10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0591%1h0.24990.000%$640K$729K50xas long as short