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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against BingX−0.205%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$390.389% 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 3 days (all we have)+0.347%+$35 · spread now −0.205%, 7d avg +0.011%
Together, before fees+0.391%+$39 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 0.216% cheaper against BingX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ADA-USDT0.24700.0100pay 0.0100% / 8h1h 42m$20.4M
ShortHTX ADA-USDT0.24650.0100get 0.0100% / 8h1h 42m$1.3M$5.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.205% → +0.011%
−$21.57
Slippage, 4 orders
−$16.92
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$60.48
Costs to cover
0.389%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; HTX: live order book, 1 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, 11 min ago2.04 bp7.0 bp −$77.0 bp −$708.8 bp −$88026.9 bp −$13.4K
Sell HTX live order book, 1 min ago0.67 bp11.5 bp −$1220.5 bp −$20563.9 bp −$6,390doesn'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%1h0.2467−0.134%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2466−0.162%$157K$5.9M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h0.2465−0.194%$479K$349K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2465−0.215%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2464−0.243%$419K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0094%1h0.2466−0.156%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2467−0.105%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2469−0.040%$42.8M$14.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2468−0.086%$1.2M$920K75xas long as short
Pacifica ADA+0.0100%1h0.2467−0.117%$158K$147K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2471+0.040%$102.2M$355.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2471+0.040%$71.6M$99.9M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2471+0.040%$32.0M$105.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2469−0.040%$97.4M$57.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.24700.000%$53.2M$50.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2469−0.032%$30.4M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24700.000%$66.2M$42.8M75xas long as short
BingX ADA-USDTlong+0.0100%8h0.2470long leg$20.4M
Backpack ADA_USDC_PERP+0.0100%1h0.2468−0.069%$102K$417K15xas long as short
Variational Omni ADA+0.0100%8h0.2458−0.475%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2463−0.296%$66K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2462−0.307%$297K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2464−0.243%$56K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2467−0.113%$97K$625K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.243%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2465−0.194%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2468−0.082%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2465−0.182%$339$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2465−0.205%$1.3M$5.1M75x
Phemex ADAUSDT+0.0100%8h0.2466−0.162%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2467−0.107%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2470−0.017%$559K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2463−0.291%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2465−0.202%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0286%1h0.2466−0.153%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2445−1.012%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2463−0.264%$122K100xas long as short