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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: SoDEX against gTrade (Gains Network)+0.046%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.046% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 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/USD0.2461L +0.0005% / S −0.0003%pay 0.0001% / 1h9m 56s$84K150x
ShortSoDEX ADA-USD0.24620.0100get 0.0013% / 1h9m 56s$339$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.046% → 0.000%
$4.63
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$6.64
Costs to cover
0.180%
Break-even
4.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 gTrade (Gains Network) no order-book sample
Sell SoDEX no order-book sample
gTrade (Gains Network) and SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ADAUSD−0.0104%1h0.2462+0.033%$6.3M$12.8M50xas long as short
Kalshi KXADAPERP0.0000%8h0.2463+0.075%$172K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDlongL +0.0005% / S −0.0003%1h0.2461long leg$84K150x
dYdX ADA-USD+0.0005%1h0.2460−0.031%$207K$6K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.400%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2463+0.071%$2.4M$941K10xas long as short
Phoenix ADA+0.0098%1h0.2465+0.172%$3K$102K10xas long as short
Aster ADAUSDT+0.0100%8h0.2465+0.160%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2463+0.087%$158K$148K10xas long as short
Binance ADAUSDT+0.0100%8h0.2466+0.186%$106.0M$370.9M75xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2465+0.156%$74.8M$120.1M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2467+0.237%$32.5M$102.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2465+0.156%$101.7M$58.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2465+0.156%$51.4M$71.4M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2465+0.176%$29.5M$14.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2465+0.156%$67.7M$48.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2463+0.075%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463+0.063%$143K$449K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.054%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465+0.159%$66K$290K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2466+0.210%$292K$3.6M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2467+0.237%$66K$765K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2461+0.006%$91K$1.5M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2461−0.007%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2461−0.008%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2462+0.033%$8K$646K30xas long as short
SoDEX ADA-USDshort+0.0100%1h0.2462+0.046%$339$6K10x
HTX ADA-USDT+0.0100%8h0.2463+0.055%$1.3M$6.6M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2462+0.034%$47.6M$7.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2462+0.044%$19K$58920xas long as short
Extended ADA-USD+0.0104%1h0.2465+0.141%$545K$1.7M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0116%1h0.2462+0.034%$570K$834K50xas long as short
Hyperliquid ADA+0.0131%1h0.2465+0.152%$43.9M$16.3M10xas long as short
Coinbase International ADA-PERP-INTX+0.0216%1h0.2464+0.115%$399K$7.6M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2462+0.034%$4.6M$5.5M75xas long as short
Reya ADARUSDPERP+0.0267%1h0.2461−0.017%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0368% / S −0.0294%1h0.2461−0.023%$87K100xas long as short