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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against Bitget−0.026%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 7 days−0.032%−$3 · spread now −0.026%, 7d avg −0.039%
Together, before fees−0.084%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ADAUSDT0.24950.0100pay 0.0100% / 8h5h 20m$67.0M$49.1M75x
ShortExtended ADA-USD0.24940.0104get 0.0013% / 1h20m 55s$539K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.026% → −0.039%
$1.36
Slippage, 4 orders
−$8.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.85
Costs to cover
0.250%
Break-even
197.4 days
Slippage from Bitget: live order book, 3 min ago; Extended: 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 Bitget live order book, 3 min ago2.01 bp8.0 bp −$813.1 bp −$13128.1 bp −$2,80875.7 bp −$37.8K
Sell Extended live order book, 3 min ago2.01 bp4.5 bp −$57.4 bp −$74doesn'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%1h0.2494−0.060%$205K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2495+0.015%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.962%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2498+0.120%$416K$7.7M50xas long as short
Aster ADAUSDT+0.0100%8h0.2497+0.080%$1.2M$998K75xas long as short
Pacifica ADA+0.0100%1h0.2495−0.003%$160K$161K10xas long as short
Binance ADAUSDT+0.0100%8h0.2496+0.040%$105.8M$371.0M75xas long as short
Bybit ADAUSDT+0.0100%8h0.24950.000%$72.8M$110.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.24950.000%$33.3M$107.3M50xas long as short
Gate ADA_USDT+0.0100%8h0.24950.000%$100.0M$60.2M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ADA_USDT+0.0100%8h0.24950.000%$54.4M$59.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2495+0.012%$30.0M$16.0M75xas long as short
Bitget ADAUSDTlong+0.0100%8h0.2495long leg$67.0M$49.1M75x
BingX ADA-USDC+0.0100%8h0.2497+0.080%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2497+0.088%$140K$432K15xas long as short
Variational Omni ADA+0.0100%8h0.2495+0.002%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2479−0.645%$66K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2482−0.511%$294K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2482−0.521%$229K$735K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2497+0.092%$97K$677K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2496+0.040%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2496+0.040%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2499+0.160%$9K$745K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2496+0.044%$343$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2497+0.096%$1.3M$6.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2496+0.040%$48.6M$6.5M50xas long as short
Kalshi KXADAPERP+0.0104%8h0.24950.000%$162K$6.3M3.2xas long as short
Extended ADA-USDshort+0.0104%1h0.2494−0.026%$539K$1.8M50x
Paradex ADA-USD-PERP+0.0111%8h0.2498+0.136%$21K$25020xas long as short
Hyperliquid ADA+0.0133%1h0.2498+0.116%$43.4M$14.4M10xas long as short
Phoenix ADA+0.0163%1h0.2480−0.585%$4K$90K10xas long as short
Lighter ADA+0.0200%1h0.2497+0.100%$2.5M$1.1M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2497+0.080%$4.6M$5.8M75xas long as short
Kraken Futures PF_ADAUSD+0.0257%1h0.2495+0.017%$6.4M$12.6M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2497+0.080%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0419% / S −0.0214%1h0.2495−0.006%$94K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0752%1h0.2497+0.088%$590K$443K50xas long as short