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% APRpaid last 24h 0.000%
Price spread now: edgeX against BingX−0.200%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.560%+$56 · spread now −0.200%, 7d avg −0.004%
Together, before fees+0.604%+ Points / potential airdropedgeX: Active · farm board+$60 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 0.196% cheaper against BingX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ADA-USDC0.24730.0100pay 0.0100% / 8h3h 13m$6.5M
ShortedgeX ADAUSDC0.24680.0100get 0.0050% / 4h3h 13m$66K$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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: −0.200% → −0.004%
−$19.62
Slippage, 4 orders
−$33.94
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$72.56
Costs to cover
0.529%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; edgeX: live order book, 39 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 BingX live order book, 8 min ago4.04 bp15.1 bp −$1527.7 bp −$27785.9 bp −$8,586479.4 bp −$239.7K
Sell edgeX live order book, 39 min ago7.95 bp12.4 bp −$1226.8 bp −$268doesn't fitdoesn'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
dYdX ADA-USD0.0000%1h0.2470−0.119%$203K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2469−0.162%$137K$6.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2473+0.013%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0026%1h0.2468−0.189%$6.3M$13.2M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.081%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2466−0.283%$394K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2472−0.028%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2473+0.001%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2471−0.077%$158K$170K10xas long as short
Binance ADAUSDT+0.0100%8h0.2473+0.001%$104.6M$390.0M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2472−0.040%$74.3M$115.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.24730.000%$33.1M$111.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2471−0.081%$100.6M$62.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2472−0.040%$59.6M$62.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2474+0.036%$29.6M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24730.000%$67.3M$51.4M75xas long as short
BingX ADA-USDClong+0.0100%8h0.2473long leg$6.5M
Variational Omni ADA+0.0100%8h0.2463−0.402%$4.3M$1.1Mas long as short
edgeX ADAUSDCshort+0.0100%4h0.2468−0.200%$66K$286K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2469−0.162%$290K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2472−0.040%$228K$756K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2472−0.028%$93K$629K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2469−0.162%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2469−0.145%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2470−0.125%$8K$747K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2469−0.182%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2468−0.191%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2470−0.121%$48.1M$7.0M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2473−0.012%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2471−0.069%$534K$1.8M50xas long as short
Backpack ADA_USDC_PERP+0.0160%1h0.2469−0.150%$124K$472K15xas long as short
Phoenix ADA+0.0161%1h0.2468−0.198%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2471−0.081%$4.6M$5.8M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2472−0.040%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0277%1h0.2470−0.125%$607K$533K50xas long as short
Hyperliquid ADA+0.0318%1h0.2474+0.044%$44.0M$16.3M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0624% / S −0.0585%1h0.2469−0.180%$140K100xas long as short