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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against edgeX−0.087%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.087% cheaper against edgeX than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ADAUSDC0.24500.0100pay 0.0050% / 4h3h 41m$65K$281K20x
ShortOrderly PERP_ADA_USDC0.24480.0100get 0.0100% / 8h7h 41m$6K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.087% → 0.000%
−$8.65
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$23.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 32 min ago; Orderly: no order-book sample. 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 edgeX live order book, 32 min ago6.14 bp10.7 bp −$1128.7 bp −$287doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h0.2449−0.029%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2451+0.036%$195K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2448−0.078%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.852%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2447−0.127%$412K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0048%1h0.2449−0.057%$6.2M$11.7M50xas long as short
Lighter ADA+0.0096%1h0.2450−0.013%$2.4M$1.1M10xas long as short
Phoenix ADA+0.0098%1h0.2450+0.003%$4K$84K10xas long as short
Hyperliquid ADA+0.0100%1h0.2452+0.077%$42.6M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2450+0.009%$1.2M$944K75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ADA+0.0100%1h0.2450+0.016%$157K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2449−0.059%$101.3M$364.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2448−0.087%$71.6M$103.4M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2448−0.087%$32.3M$106.4M50xas long as short
Gate ADA_USDT+0.0100%8h0.2448−0.087%$97.7M$58.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2447−0.127%$52.6M$51.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2449−0.066%$30.0M$17.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2448−0.087%$65.8M$43.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2449−0.046%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2455+0.179%$108K$412K15xas long as short
Variational Omni ADA+0.0100%8h0.2451+0.041%$4.2M$944Kas long as short
edgeX ADAUSDClong+0.0100%4h0.2450long leg$65K$281K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2451+0.037%$296K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2446−0.168%$55K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2449−0.038%$93K$644K10xas long as short
Orderly PERP_ADA_USDCshort+0.0100%8h0.2448−0.087%$6K$29K20x
Derive ADA-PERP+0.0100%1h0.2449−0.063%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2454+0.158%$9K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2449−0.062%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2449−0.059%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2448−0.087%$47.8M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2450−0.016%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2448−0.087%$552K$1.8M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0118%1h0.2449−0.038%$494K$430K50xas long as short
BloFin ADA-USDT+0.0220%8h0.2452+0.077%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0283%1h0.2450−0.004%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0623% / S −0.0393%1h0.2448−0.101%$141K100xas long as short