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+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Polymarket Perps against gTrade (Gains Network)−0.016%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ADA/USD0.2418L +0.0005% / S −0.0003%pay 0.0001% / 1h22m 54s$83K150x
ShortPolymarket Perps ADA-USD0.24180.0100get 0.0013% / 1h22m 54s$114K$917K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.016% → 0.000%
−$1.61
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$0.39
Costs to cover
0.180%
Break-even
6.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Polymarket Perps: live order book, 25 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 Polymarket Perps live order book, 25 min ago3.04 bp7.4 bp −$78.2 bp −$82doesn'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
Kalshi KXADAPERP0.0000%8h0.2420+0.067%$201K$7.4M3.2xas long as short
dYdX ADA-USD+0.0002%1h0.2420+0.057%$199K$2K10xas long as short
gTrade (Gains Network) ADA/USDlongL +0.0005% / S −0.0003%1h0.2418long leg$83K150x
Kraken Futures PF_ADAUSD+0.0020%1h0.2419+0.037%$6.2M$13.7M50xas long as short
Phoenix ADA+0.0032%1h0.2415−0.132%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+2.175%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2421+0.116%$2.4M$1.0M10xas long as short
Hyperliquid ADA+0.0100%1h0.2422+0.170%$41.7M$17.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2424+0.222%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2420+0.084%$155K$176K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2424+0.232%$101.9M$407.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2423+0.191%$71.0M$123.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2425+0.273%$32.1M$116.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2420+0.067%$98.4M$64.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2424+0.232%$52.5M$64.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2423+0.191%$29.1M$15.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2424+0.232%$65.8M$53.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.2423+0.191%$20.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2422+0.137%$125K$478K15xas long as short
Variational Omni ADA+0.0100%8h0.2414−0.177%$4.1M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2410−0.332%$64K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2419+0.018%$284K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2408−0.430%$84K$882K50xas long as short
Polymarket Perps ADA-USDshort+0.0100%1h0.2418−0.016%$114K$917K10x
Orderly PERP_ADA_USDC+0.0100%8h0.2420+0.067%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2419+0.039%$39K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2420+0.065%$8K$764K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2420+0.079%$333$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2422+0.133%$1.3M$6.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2420+0.067%$47.0M$7.4M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2421+0.114%$20K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2424+0.246%$519K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2421+0.108%$377K$8.4M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2419+0.025%$4.4M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2418−0.016%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0536%1h0.2421+0.096%$603K$597K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0628% / S −0.0701%1h0.2417−0.055%$157K100xas long as short