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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0481%/8h= +52.7% APRnext payment +$0.60 per $10,000 · paid last 24h +0.056%
Price spread now: GMX against Extended+0.050%7-day average +0.036% · 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 3 days (all we have)+0.205%+$21 on $10k
Price spread, last 4 days (all we have)+0.155%+$16 · spread now +0.050%, 7d avg +0.036%
Together, before fees+0.361%+ Points / potential airdropExtended: Active · farm board+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24440.0104pay 0.0013% / 1h39m 54s$531K$1.8M50x
ShortGMX ADA/USD [WBTC.b-USDC]0.2445L +0.0621% / S −0.0585%get 0.0073% / 1h39m 54s$139K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$101.03
Price spread: +0.050% → +0.036%
$1.37
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$85.4
Costs to cover
0.170%
Break-even
1.1 days
Slippage unknown: Extended: live order book, 4 min ago; GMX: 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 Extended live order book, 4 min ago2.03 bp4.5 bp −$57.5 bp −$75doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h0.2447+0.148%$201K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2448+0.169%$157K$7.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2446+0.107%$84K150xas long as short
Kraken Futures PF_ADAUSD+0.0020%1h0.2445+0.063%$6.3M$13.3M50xas long as short
Phoenix ADA+0.0032%1h0.2470+1.065%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.110%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2447+0.136%$2.4M$989K10xas long as short
Hyperliquid ADA+0.0100%1h0.2447+0.120%$42.3M$17.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2445+0.050%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2448+0.175%$157K$170K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2445+0.032%$103.1M$395.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2442−0.077%$71.4M$119.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2443−0.036%$32.7M$112.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2443−0.036%$99.0M$62.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2444+0.005%$58.2M$63.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2445+0.026%$29.4M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2444+0.005%$66.4M$52.1M75xas long as short
BingX ADA-USDC+0.0100%8h0.2444+0.005%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2446+0.095%$117K$469K15xas long as short
Variational Omni ADA+0.0100%8h0.2456+0.500%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465+0.849%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2471+1.110%$289K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2465+0.864%$229K$760K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2444+0.017%$127K$705K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2446+0.087%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2446+0.090%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2446+0.087%$8K$748K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2445+0.066%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2444−0.008%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2445+0.046%$47.6M$7.0M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2449+0.210%$21K$25020xas long as short
Extended ADA-USDlong+0.0104%1h0.2444long leg$531K$1.8M50x
Coinbase International ADA-PERP-INTX+0.0104%1h0.2442−0.077%$383K$8.2M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0200%1h0.2447+0.120%$602K$548K50xas long as short
BloFin ADA-USDT+0.0220%8h0.2459+0.619%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2445+0.028%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]shortL +0.0621% / S −0.0585%1h0.2445+0.050%$139K100x