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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against BloFin+0.299%59s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.164%−$16 on $10k
Price spread, last 4 days (all we have)−0.416%−$42 · spread now +0.299%, 7d avg −0.030%
Together, before fees−0.580%−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.329% dearer against BloFin than usual: you sell high and buy low (spread +0.299% now, against its 7-day average of −0.030%): +$33 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 9.1 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ADA-USDT0.24690.0220pay 0.0220% / 8h5h 36m$4.5M$5.8M75x
ShortHTX ADA-USDT0.24760.0100get 0.0100% / 8h5h 36m$1.3M$6.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.299% → −0.030%
$32.91
Slippage, 4 orders
−$19.86
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$36.15
Costs to cover
0.439%
Break-even
never at this rate
Slippage from BloFin: live order book, 8 min ago; HTX: 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 BloFin live order book, 8 min ago4.06 bp10.1 bp −$1010.1 bp −$10112.9 bp −$1,29042.9 bp −$21.4K
Sell HTX live order book, 3 min ago2.41 bp11.1 bp −$1119.8 bp −$19851.8 bp −$5,175doesn'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%1h0.2474+0.182%$203K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2478+0.378%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.081%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2480+0.446%$419K$7.6M50xas long as short
Hyperliquid ADA+0.0100%1h0.2481+0.474%$43.1M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2479+0.405%$1.2M$989K75xas long as short
Pacifica ADA+0.0100%1h0.2476+0.272%$159K$161K10xas long as short
Binance ADAUSDT+0.0100%8h0.2479+0.405%$104.5M$369.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2479+0.405%$73.0M$108.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2478+0.365%$33.0M$106.3M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2478+0.365%$99.2M$59.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2480+0.446%$57.9M$57.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2480+0.454%$29.9M$16.5M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2479+0.405%$66.4M$48.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2479+0.405%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2481+0.482%$128K$422K15xas long as short
Variational Omni ADA+0.0100%8h0.2479+0.406%$4.3M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465−0.157%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2468−0.041%$298K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.122%$228K$732K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2476+0.296%$95K$675K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2479+0.405%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2480+0.457%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2482+0.526%$9K$746K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2480+0.462%$341$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2476+0.299%$1.3M$6.1M75x
Phemex ADAUSDT+0.0100%8h0.2480+0.446%$48.2M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2481+0.498%$537K$1.8M50xas long as short
Kalshi KXADAPERP+0.0104%8h0.24690.000%$164K$6.3M3.2xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2476+0.303%$21K$25020xas long as short
Lighter ADA+0.0136%1h0.2482+0.522%$2.5M$1.0M10xas long as short
Phoenix ADA+0.0163%1h0.2469−0.012%$4K$90K10xas long as short
BloFin ADA-USDTlong+0.0220%8h0.2469long leg$4.5M$5.8M75x
Kraken Futures PF_ADAUSD+0.0259%1h0.2481+0.477%$6.4M$12.4M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2476+0.283%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0418% / S −0.0202%1h0.2477+0.320%$96K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0597%1h0.2481+0.482%$565K$450K50xas long as short