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

ADA

all ADA markets
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: Pacifica against BloFin−0.039%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.176%−$18 on $10k
Price spread, last 3 days (all we have)−0.152%−$15 · spread now −0.039%, 7d avg −0.038%
Together, before fees−0.329%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, 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-USDT0.24600.0220pay 0.0220% / 8h1h 17m$4.4M$5.4M75x
ShortPacifica ADA0.24590.0100get 0.0013% / 1h17m 11s$157K$146K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.039% → −0.038%
−$0.19
Slippage, 4 orders
−$19.82
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$65.21
Costs to cover
0.398%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Pacifica: live order book, just now.

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, 6 min ago6.11 bp12.1 bp −$1212.2 bp −$12220.4 bp −$2,03849.5 bp −$24.7K
Sell Pacifica live order book, just now2.03 bp6.1 bp −$6doesn't fitdoesn'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%1h0.2458−0.074%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2458−0.081%$154K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2459−0.059%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2457−0.122%$410K$7.3M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0076%1h0.2457−0.138%$479K$351K50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2456−0.181%$6.2M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2459−0.045%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2460−0.020%$42.6M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2459−0.059%$1.2M$920K75xas long as short
Pacifica ADAshort+0.0100%1h0.2459−0.039%$157K$146K10x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2458−0.086%$102.0M$360.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2458−0.081%$71.5M$102.1M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2459−0.041%$31.8M$106.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2458−0.081%$97.1M$59.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458−0.081%$53.5M$50.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2458−0.081%$30.2M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2458−0.081%$65.9M$43.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2458−0.081%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2458−0.069%$101K$414K15xas long as short
Variational Omni ADA+0.0100%8h0.2453−0.277%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2456−0.176%$65K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2456−0.182%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.203%$55K$581K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2459−0.037%$96K$625K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456−0.163%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2457−0.128%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2460+0.003%$9K$760K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2456−0.150%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2456−0.153%$1.3M$5.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2458−0.081%$47.9M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2460−0.017%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2455−0.202%$554K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2459−0.061%$4K$74K10xas long as short
BloFin ADA-USDTlong+0.0220%8h0.2460long leg$4.4M$5.4M75x
Reya ADARUSDPERP+0.0285%1h0.2459−0.037%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2471+0.447%$849$202K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2458−0.082%$122K100xas long as short