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+0.0185%/8h= +20.3% APRpaid last 24h +0.060%
Price spread now: Reya against Aster+0.012%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropAster: Stage 5 · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ADAUSDT0.24730.0100pay 0.0100% / 8h1h 40m$1.2M$919K75x
ShortReya ADARUSDPERP0.24730.0285get 0.0036% / 1h40m 17s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$38.94
Price spread: +0.012% → 0.000%
$1.16
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$26.1
Costs to cover
0.140%
Break-even
2.3 days
Slippage unknown: Aster: live order book, 3 min ago; Reya: 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 Aster live order book, 3 min ago2.02 bp13.2 bp −$1335.3 bp −$353doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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%1h0.2471−0.054%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2472−0.031%$160K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2474+0.031%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2471−0.072%$422K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0094%1h0.2475+0.074%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2473+0.029%$2.5M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2473+0.013%$42.8M$14.6M10xas long as short
Aster ADAUSDTlong+0.0100%8h0.2473long leg$1.2M$919K75x
Pacifica ADA+0.0100%1h0.2472−0.019%$158K$147K10xas long as short
Binance ADAUSDT+0.0100%8h0.2475+0.081%$102.7M$355.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2474+0.050%$71.8M$100.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2475+0.090%$32.1M$105.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2472−0.031%$97.6M$57.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2474+0.050%$53.5M$50.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2472−0.043%$30.5M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2474+0.050%$66.3M$42.9M75xas long as short
BingX ADA-USDT+0.0100%8h0.2473+0.009%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2472−0.047%$103K$418K15xas long as short
Variational Omni ADA+0.0100%8h0.2473+0.018%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2466−0.258%$66K$279K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2462−0.419%$297K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2464−0.355%$56K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2472−0.043%$97K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2474+0.050%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2474+0.057%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2475+0.090%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2474+0.054%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2471−0.079%$1.3M$5.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2470−0.112%$48.2M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2472−0.012%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2474+0.050%$559K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2463−0.403%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2473+0.009%$4.4M$5.5M75xas long as short
Reya ADARUSDPERPshort+0.0285%1h0.2473+0.012%$1K15x
Injective ADA/USDC PERP+0.0288%1h0.2445−1.123%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0567% / S −0.0313%1h0.2473+0.012%$123K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.3267%1h0.2482+0.385%$482K$349K50xas long as short