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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: ApeX Omni against BloFin−0.041%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.193%−$19 on $10k
Price spread, last 3 days (all we have)−0.244%−$24 · spread now −0.041%, 7d avg −0.036%
Together, before fees−0.436%−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ADA-USDT0.24550.0220pay 0.0220% / 8h1h 10m$4.4M$5.4M75x
ShortApeX Omni ADAUSDT0.24540.0100get 0.0013% / 1h10m 14s$55K$581K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$25.2
Price spread: −0.041% → −0.036%
−$0.44
Slippage, 4 orders
−$22
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$69.63
Costs to cover
0.440%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; ApeX Omni: live order book, 8 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 BloFin live order book, 3 min ago2.04 bp8.0 bp −$810.9 bp −$10924.3 bp −$2,43063.8 bp −$31.9K
Sell ApeX Omni live order book, 8 min ago6.10 bp15.1 bp −$1544.1 bp −$441doesn'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%1h0.2452−0.137%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2453−0.081%$156K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2452−0.141%$84K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2456+0.041%$412K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2453−0.065%$6.2M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2455−0.020%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2452−0.118%$42.5M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2452−0.135%$1.2M$923K75xas long as short
Pacifica ADA+0.0100%1h0.2452−0.110%$157K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2453−0.081%$101.9M$360.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2453−0.081%$71.3M$102.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2454−0.041%$31.8M$105.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2451−0.163%$96.9M$59.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2451−0.163%$52.4M$51.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2452−0.130%$30.1M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2452−0.122%$65.7M$43.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2451−0.163%$18.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2454−0.041%$102K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2453−0.075%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2455−0.015%$65K$279K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.079%$294K$3.8M10xas long as short
ApeX Omni ADAUSDTshort+0.0100%1h0.2454−0.041%$55K$581K50x
Polymarket Perps ADA-USD+0.0100%1h0.2451−0.159%$96K$625K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2452−0.122%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2453−0.085%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2455+0.002%$9K$759K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2453−0.081%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2453−0.086%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2452−0.122%$47.8M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2452−0.135%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2451−0.143%$554K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2455+0.008%$4K$74K10xas long as short
BloFin ADA-USDTlong+0.0220%8h0.2455long leg$4.4M$5.4M75x
Deribit ADA_USDC-PERPETUAL+0.0239%1h0.2453−0.086%$479K$351K50xas long as short
Reya ADARUSDPERP+0.0285%1h0.2451−0.180%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2471+0.652%$849$202K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2451−0.159%$122K100xas long as short