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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Aster against Derive+0.006%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ADA-PERP0.24620.0100pay 0.0013% / 1h19m 26s$40K$3K5x
ShortAster ADAUSDT0.24620.0100get 0.0100% / 8h2h 19m$1.2M$1.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Derive. 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: +0.006% → 0.000%
$0.6
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.4
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Aster live order book, 4 min ago2.04 bp8.3 bp −$820.0 bp −$200doesn't fitdoesn't fit
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2463+0.027%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2461−0.052%$154K$5.8M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h0.2463+0.042%$478K$353K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2462−0.022%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2460−0.092%$408K$7.3M50xas long as short
Lighter ADA+0.0096%1h0.2465+0.095%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2464+0.058%$42.7M$14.5M10xas long as short
Aster ADAUSDTshort+0.0100%8h0.2462+0.006%$1.2M$1.0M75x
Pacifica ADA+0.0100%1h0.2463+0.021%$158K$147K10xas long as short
Binance ADAUSDT+0.0100%8h0.2462−0.010%$101.8M$355.0M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2462−0.011%$70.8M$99.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2461−0.052%$32.0M$105.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2462−0.011%$97.4M$58.0M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2463+0.030%$53.0M$56.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2463+0.026%$30.4M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2462−0.011%$65.9M$42.9M75xas long as short
BingX ADA-USDT+0.0100%8h0.2461−0.052%$20.4Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463+0.046%$101K$409K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.077%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2461−0.033%$66K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2454−0.330%$289K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2462−0.011%$55K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2463+0.013%$97K$624K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2462−0.011%$6K$36K20xas long as short
Derive ADA-PERPlong+0.0100%1h0.2462long leg$40K$3K5x
SunX ADA-USDT+0.0100%8h0.2463+0.030%$9K$756K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2462+0.009%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2463+0.025%$1.3M$5.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2462−0.011%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2464+0.053%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.24620.000%$559K$1.8M50xas long as short
Phoenix ADA+0.0195%1h0.2464+0.066%$4K$82K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2459−0.133%$4.4M$5.4M75xas long as short
Reya ADARUSDPERP+0.0286%1h0.2463+0.022%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0335%1h0.2463+0.015%$6.2M$11.4M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0505% / S −0.0263%1h0.2461−0.041%$110K100xas long as short
Injective ADA/USDC PERP+0.0533%1h0.2440−0.904%$838$131K12xas long as short