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

ADA

all ADA markets
SwapBacktest
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: MEXC against Bybit0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.001%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ADAUSDT0.24580.0100pay 0.0100% / 8h6h 28m$72.2M$108.9M75x
ShortMEXC ADA_USDT0.24580.0100get 0.0100% / 8h6h 28m$49.5M$51.3M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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
Price spread: 0.000% → +0.001%
−$0.13
Slippage, 4 orders
−$10.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$21.14
Costs to cover
0.210%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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 Bybit live order book, 5 min ago2.04 bp7.5 bp −$810.9 bp −$10934.5 bp −$3,449135.6 bp −$67.8K
Sell MEXC live order book, 5 min ago2.04 bp2.0 bp −$24.9 bp −$4916.8 bp −$1,68459.0 bp −$29.5K

ADA on 36 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%1h0.2455−0.110%$202K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2453−0.212%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.529%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2456−0.081%$400K$7.4M50xas long as short
Gate ADA_USDT+0.0095%8h0.2452−0.244%$97.7M$59.8M75xas long as short
Hyperliquid ADA+0.0100%1h0.2456−0.069%$42.8M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2454−0.158%$1.2M$969K75xas long as short
Pacifica ADA+0.0100%1h0.2458−0.019%$159K$156K10xas long as short
Binance ADAUSDT+0.0100%8h0.2458+0.016%$102.7M$373.6M75xas long as short
Bybit ADAUSDTlong+0.0100%8h0.2458long leg$72.2M$108.9M75x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2459+0.041%$32.6M$107.9M50xas long as short
MEXC ADA_USDTshort+0.0100%8h0.24580.000%$49.5M$51.3M300x
KuCoin ADAUSDTM+0.0100%8h0.2454−0.146%$30.0M$17.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2455−0.122%$65.6M$46.9M75xas long as short
BingX ADA-USDT+0.0100%8h0.2455−0.122%$20.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2453−0.207%$125K$421K15xas long as short
Variational Omni ADA+0.0100%8h0.2452−0.239%$4.2M$991Kas long as short
edgeX ADAUSDC+0.0100%4h0.2453−0.202%$65K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2451−0.295%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2451−0.285%$56K$587K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2457−0.057%$92K$665K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2453−0.203%$6K$27K20xas long as short
Derive ADA-PERP+0.0100%1h0.2454−0.156%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2457−0.043%$9K$769K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2452−0.264%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2455−0.118%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2452−0.244%$47.7M$6.4M50xas long as short
Extended ADA-USD+0.0104%1h0.2454−0.169%$532K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0105%8h0.2459+0.046%$21K$25020xas long as short
Kalshi KXADAPERP+0.0112%8h0.2456−0.081%$148K$6.3M3.2xas long as short
Phoenix ADA+0.0163%1h0.2457−0.033%$4K$87K10xas long as short
Lighter ADA+0.0184%1h0.2456−0.065%$2.4M$1.0M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0239%1h0.2454−0.179%$502K$471K50xas long as short
Reya ADARUSDPERP+0.0281%1h0.2455−0.142%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0354%1h0.2451−0.294%$6.2M$12.1M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0415% / S −0.0202%1h0.2453−0.207%$95K100xas long as short