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 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against gTrade (Gains Network)+0.200%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.200% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ADA/USD0.2478L +0.0005% / S −0.0003%pay 0.0001% / 1h29m 42s$85K150x
ShortPacifica ADA0.24830.0100get 0.0013% / 1h29m 42s$161K$160K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against gTrade (Gains Network). 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
$20.01
Price spread: +0.200% → 0.000%
$19.97
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$21.98
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: live order book, 28 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 gTrade (Gains Network) no order-book sample
Sell Pacifica live order book, 28 min ago2.44 bp8.6 bp −$9doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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%1h0.2482+0.149%$204K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2481+0.107%$150K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDlongL +0.0005% / S −0.0003%1h0.2478long leg$85K150x
Injective ADA/USDC PERP+0.0033%1h0.2471−0.297%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2480+0.066%$429K$7.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0091%1h0.2482+0.156%$6.3M$12.8M50xas long as short
Lighter ADA+0.0096%1h0.2484+0.236%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2484+0.246%$1.2M$985K75xas long as short
Pacifica ADAshort+0.0100%1h0.2483+0.200%$161K$160K10x
Binance ADAUSDT+0.0100%8h0.2483+0.195%$105.2M$369.9M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2481+0.107%$72.4M$108.7M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2482+0.147%$33.2M$105.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2481+0.107%$99.1M$59.4M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2483+0.187%$61.6M$60.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2482+0.147%$30.0M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2482+0.147%$66.8M$49.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2481+0.107%$20.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2485+0.276%$126K$442K15xas long as short
Variational Omni ADA+0.0100%8h0.2475−0.133%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2477−0.074%$66K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2476−0.086%$295K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.499%$227K$743K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2480+0.050%$95K$688K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2481+0.107%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2482+0.154%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2481+0.107%$8K$732K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2482+0.167%$341$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2483+0.203%$1.3M$6.4M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2483+0.187%$48.4M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2481+0.101%$536K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2483+0.189%$21K$25020xas long as short
Hyperliquid ADA+0.0187%1h0.2485+0.260%$43.1M$14.8M10xas long as short
Phoenix ADA+0.0195%1h0.2463−0.628%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2480+0.066%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0278%1h0.2479+0.026%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0596% / S −0.0547%1h0.2479+0.020%$134K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0717%1h0.2483+0.207%$603K$489K50xas long as short