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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%
Price spread now: dYdX against edgeX+0.063%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2382.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.063%, 7d avg −0.017%
Together, before fees−0.377%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.081% dearer against edgeX than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.017%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ADAUSDC0.24770.0100pay 0.0050% / 4h1h 58m$66K$291K20x
ShortdYdX ADA-USD0.24790get 0.0000% / 1h58m 55s$207K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against edgeX. 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
−$21
Price spread: +0.063% → −0.017%
$8.09
Slippage, 4 orders
−$218.65
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$250.57
Costs to cover
2.377%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; dYdX: live order book, 53 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 edgeX live order book, 52 min ago8.07 bp12.6 bp −$1329.2 bp −$292doesn't fitdoesn't fit
Sell dYdX live order book, 53 min ago101.26 bp106.3 bp −$106120.0 bp −$1,200122.2 bp −$12.2K125.8 bp −$62.9K

ADA on 36 exchanges

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-USDshort0.0000%1h0.2479+0.063%$207K$5K10x
Kalshi KXADAPERP0.0000%8h0.2479+0.076%$210K$7.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2476−0.037%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0031%1h0.2478+0.053%$6.3M$13.4M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.247%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2480+0.101%$2.4M$934K10xas long as short
Aster ADAUSDT+0.0100%8h0.2480+0.117%$1.2M$1.2M75xas long as short
Pacifica ADA+0.0100%1h0.2479+0.091%$159K$151K10xas long as short
Binance ADAUSDT+0.0100%8h0.2479+0.089%$106.4M$385.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2479+0.076%$74.6M$122.4M75xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2479+0.076%$32.8M$109.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2478+0.036%$102.1M$59.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2479+0.076%$49.5M$67.4M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2479+0.076%$29.7M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2478+0.036%$67.8M$50.7M75xas long as short
BingX ADA-USDC+0.0100%8h0.2479+0.076%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2479+0.060%$140K$456K15xas long as short
Variational Omni ADA+0.0100%8h0.2475−0.088%$4.2M$1.1Mas long as short
edgeX ADAUSDClong+0.0100%4h0.2477long leg$66K$291K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2478+0.038%$294K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2478+0.036%$71K$896K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2477+0.004%$119K$1.3M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2478+0.036%$6K$4K20xas long as short
SunX ADA-USDT+0.0100%8h0.2479+0.075%$8K$680K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2478+0.056%$341$6K10xas long as short
HTX ADA-USDT+0.0100%8h0.2478+0.053%$1.3M$6.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2480+0.117%$47.9M$7.5M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2479+0.085%$20K$58920xas long as short
Extended ADA-USD+0.0104%1h0.2478+0.043%$545K$1.7M50xas long as short
Hyperliquid ADA+0.0165%1h0.2480+0.097%$44.2M$17.6M10xas long as short
Coinbase International ADA-PERP-INTX+0.0176%1h0.2478+0.036%$403K$8.1M50xas long as short
Phoenix ADA+0.0192%1h0.2482+0.206%$3K$103K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2479+0.076%$4.6M$5.6M75xas long as short
Reya ADARUSDPERP+0.0270%1h0.2477+0.008%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0355%1h0.2480+0.101%$618K$792K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0370% / S −0.0295%1h0.2477+0.014%$88K100xas long as short