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

ADA

all ADA markets
SwapBacktest
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: HTX against Binance−0.292%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.375%+$37 · spread now −0.292%, 7d avg −0.005%
Together, before fees+0.462%+$46 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: HTX is 0.287% cheaper against Binance than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ADAUSDT0.24340.0100pay 0.0100% / 8h2h 20m$102.3M$407.2M75x
ShortHTX ADA-USDT0.24270.0100get 0.0100% / 8h2h 20m$1.3M$6.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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: −0.292% → −0.005%
−$28.71
Slippage, 4 orders
−$18.25
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$68.96
Costs to cover
0.403%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; HTX: live order book, 3 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 Binance live order book, 8 min ago2.07 bp7.2 bp −$712.6 bp −$12627.7 bp −$2,76882.4 bp −$41.2K
Sell HTX live order book, 3 min ago3.74 bp12.7 bp −$1321.9 bp −$21961.3 bp −$6,127doesn't fit

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
Kalshi KXADAPERP0.0000%8h0.2431−0.127%$202K$7.5M3.2xas long as short
dYdX ADA-USD+0.0002%1h0.2430−0.186%$200K$2K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2427−0.277%$83K150xas long as short
Kraken Futures PF_ADAUSD+0.0020%1h0.2428−0.252%$6.2M$13.7M50xas long as short
Phoenix ADA+0.0032%1h0.2429−0.189%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.516%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2430−0.160%$2.4M$1.0M10xas long as short
Hyperliquid ADA+0.0100%1h0.2432−0.090%$41.9M$17.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2432−0.067%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2431−0.108%$156K$176K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDTlong+0.0100%8h0.2434long leg$102.3M$407.2M75x
Bybit ADAUSDT+0.0100%8h0.2433−0.045%$71.4M$123.1M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2435+0.037%$32.2M$116.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2430−0.168%$98.8M$64.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2435+0.037%$52.6M$64.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2434−0.020%$29.2M$15.7M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2435+0.037%$66.2M$53.0M75xas long as short
BingX ADA-USDC+0.0100%8h0.2431−0.127%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2430−0.180%$126K$476K15xas long as short
Variational Omni ADA+0.0100%8h0.2427−0.288%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2420−0.580%$64K$286K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2419−0.622%$284K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2420−0.579%$84K$887K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2430−0.156%$114K$918K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2428−0.250%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2428−0.247%$39K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2429−0.211%$8K$764K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2429−0.230%$334$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2427−0.292%$1.3M$6.9M75x
Phemex ADAUSDT+0.0100%8h0.2428−0.250%$47.1M$7.4M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2432−0.079%$20K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2435+0.030%$522K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2428−0.250%$377K$8.4M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2431−0.127%$4.4M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2431−0.147%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0639% / S −0.0714%1h0.2427−0.292%$161K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0656%1h0.2430−0.184%$605K$597K50xas long as short