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−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: HTX against Extended+0.045%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now +0.045%, 7d avg +0.043%
Together, before fees+0.198%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24380.0104pay 0.0013% / 1h19m 08s$522K$1.8M50x
ShortHTX ADA-USDT0.24390.0100get 0.0100% / 8h2h 19m$1.3M$6.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$0.84
Price spread: +0.045% → +0.043%
$0.14
Slippage, 4 orders
−$18.08
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$35.78
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; HTX: 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 Extended live order book, 4 min ago2.07 bp4.6 bp −$510.2 bp −$102doesn't fitdoesn't fit
Sell HTX live order book, 5 min ago3.74 bp12.7 bp −$1321.9 bp −$21961.3 bp −$6,127doesn't fit

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
Kalshi KXADAPERP0.0000%8h0.2437−0.035%$203K$7.5M3.2xas long as short
dYdX ADA-USD+0.0002%1h0.2437−0.053%$200K$2K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2437−0.023%$83K150xas long as short
Kraken Futures PF_ADAUSD+0.0020%1h0.2438−0.004%$6.3M$13.7M50xas long as short
Phoenix ADA+0.0032%1h0.2429−0.343%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.360%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2440+0.076%$2.4M$1.0M10xas long as short
Hyperliquid ADA+0.0100%1h0.2440+0.076%$42.0M$17.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2438+0.006%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2439+0.029%$156K$176K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2439+0.027%$102.5M$407.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2438+0.006%$71.5M$123.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2440+0.088%$32.4M$117.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2437−0.035%$98.9M$64.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2438+0.006%$52.3M$65.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2438+0.010%$29.2M$15.7M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2438+0.006%$66.3M$53.0M75xas long as short
BingX ADA-USDC+0.0100%8h0.2438+0.006%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2439+0.051%$126K$476K15xas long as short
Variational Omni ADA+0.0100%8h0.2427−0.442%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2430−0.308%$65K$286K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2419−0.776%$284K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2420−0.732%$84K$887K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2437−0.027%$126K$986K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2438+0.006%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2439+0.038%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2440+0.086%$8K$763K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2439+0.027%$335$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2439+0.045%$1.3M$6.9M75x
Phemex ADAUSDT+0.0100%8h0.2437−0.035%$47.3M$7.4M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2440+0.086%$20K$25020xas long as short
Extended ADA-USDlong+0.0104%1h0.2438long leg$522K$1.8M50x
Coinbase International ADA-PERP-INTX+0.0104%1h0.2438+0.006%$382K$8.4M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2438+0.006%$4.4M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2439+0.027%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0571%1h0.2439+0.055%$607K$597K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0640% / S −0.0714%1h0.2438−0.005%$161K100xas long as short