Funding arb · Price arb /

ADA

all ADA markets

Swap Backtest

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 Bitget+0.009%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$450.448% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.079%+$8 · spread now +0.009%, 7d avg +0.024%

Together, before fees+0.136%+$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ADAUSDT	0.2458	0.0100	pay 0.0100% / 8h	6h 30m	$65.7M	$46.9M	75x
Short	HTX ADA-USDT	0.2458	0.0100	get 0.0100% / 8h	6h 30m	$1.3M	$5.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → +0.024%: −$1.51
Slippage, 4 orders: −$20.79
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$46.3
Costs to cover: 0.448%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; HTX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	2.04 bp	8.0 bp −$8	10.4 bp −$104	26.7 bp −$2,673	122.8 bp −$61.4K
Sell HTX live order book, 4 min ago	2.59 bp	13.7 bp −$14	22.6 bp −$226	46.5 bp −$4,649	doesn't fit

ADA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2453	−0.215%	$202K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2455	−0.107%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.529%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0048%	1h	0.2451	−0.285%	$399K	$7.4M	50x	as long as short
Gate ADA_USDT	+0.0097%	8h	0.2458	0.000%	$98.0M	$59.7M	75x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2460	+0.094%	$42.9M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	−0.079%	$1.2M	$969K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2453	−0.195%	$159K	$158K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2458	0.000%	$102.7M	$373.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2457	−0.041%	$72.2M	$108.9M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2460	+0.081%	$32.6M	$108.1M	50x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2458	0.000%	$49.5M	$51.3M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2456	−0.069%	$29.9M	$17.6M	75x	as long as short
Bitget ADAUSDTlong	+0.0100%	8h	0.2458	long leg	$65.7M	$46.9M	75x
BingX ADA-USDC	+0.0100%	8h	0.2457	−0.041%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2459	+0.057%	$126K	$421K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2452	−0.239%	$4.2M	$991K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2453	−0.188%	$65K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2451	−0.295%	$289K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2454	−0.163%	$56K	$589K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2456	−0.073%	$92K	$665K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2456	−0.081%	$6K	$27K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2458	−0.020%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2457	−0.043%	$9K	$769K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2457	−0.020%	$338	$13K	10x	as long as short
HTX ADA-USDTshort	+0.0100%	8h	0.2458	+0.009%	$1.3M	$5.8M	75x
Phemex ADAUSDT	+0.0100%	8h	0.2459	+0.041%	$47.9M	$6.4M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2456	−0.067%	$532K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0105%	8h	0.2453	−0.223%	$21K	$250	20x	as long as short
Kalshi KXADAPERP	+0.0112%	8h	0.2452	−0.244%	$148K	$6.3M	3.2x	as long as short
Phoenix ADA	+0.0163%	1h	0.2457	−0.033%	$4K	$87K	10x	as long as short
Lighter ADA	+0.0184%	1h	0.2460	+0.061%	$2.4M	$1.0M	10x	as long as short
Reya ADARUSDPERP	+0.0281%	1h	0.2456	−0.101%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0353%	1h	0.2458	−0.015%	$6.2M	$12.1M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0416% / S −0.0202%	1h	0.2455	−0.123%	$95K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.1053%	1h	0.2459	+0.053%	$503K	$471K	50x	as long as short