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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Binance+0.088%48s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.088% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ADAUSDT0.24810.0100pay 0.0100% / 8h4h 00m$105.1M$371.3M75x
ShortParadex ADA-USD-PERP0.24830.0111get 0.0111% / 8h4h 00m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$2.38
Price spread: +0.088% → 0.000%
$8.85
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$2.77
Costs to cover
0.140%
Break-even
15.2 days
Slippage unknown: Binance: live order book, 13 min ago; Paradex: 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 Binance live order book, 13 min ago2.02 bp7.0 bp −$710.0 bp −$10026.4 bp −$2,63674.9 bp −$37.5K
Sell Paradex no order-book sample
Paradex: 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%1h0.2481+0.001%$204K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2480−0.040%$167K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2480−0.038%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.403%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.24810.000%$420K$7.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0091%1h0.2480−0.023%$6.3M$12.5M50xas long as short
Lighter ADA+0.0096%1h0.2482+0.060%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.24810.000%$1.2M$990K75xas long as short
Pacifica ADA+0.0100%1h0.2483+0.078%$161K$160K10xas long as short
Binance ADAUSDTlong+0.0100%8h0.2481long leg$105.1M$371.3M75x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2480−0.040%$72.4M$108.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2482+0.040%$33.2M$106.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2479−0.081%$99.1M$59.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2480−0.040%$61.7M$61.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2481−0.008%$30.0M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24810.000%$66.8M$49.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2480−0.040%$20.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2482+0.044%$131K$441K15xas long as short
Variational Omni ADA+0.0100%8h0.2481+0.003%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2473−0.332%$66K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2473−0.322%$290K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2471−0.403%$228K$748K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2482+0.032%$95K$690K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.24810.000%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2481+0.009%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2482+0.040%$9K$729K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2480−0.020%$341$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2483+0.077%$1.3M$6.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2483+0.081%$48.5M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2481−0.007%$537K$1.8M50xas long as short
Paradex ADA-USD-PERPshort+0.0111%8h0.2483+0.088%$21K$25020x
Phoenix ADA+0.0195%1h0.2472−0.371%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2482+0.040%$4.6M$5.8M75xas long as short
Hyperliquid ADA+0.0249%1h0.2483+0.089%$43.8M$15.2M10xas long as short
Reya ADARUSDPERP+0.0278%1h0.24810.000%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0597% / S −0.0547%1h0.2479−0.074%$134K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0597%1h0.2482+0.024%$602K$488K50xas long as short