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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against Gate−0.051%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$470.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.051%, 7d avg +0.060%
Together, before fees+0.205%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.112% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ADA_USDT0.24520.0100pay 0.0100% / 8h6h 52m$98.5M$58.3M75x
ShortAster ADAUSDT0.24510.0100get 0.0100% / 8h6h 52m$1.2M$968K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
Price spread: −0.051% → +0.060%
−$11.17
Slippage, 4 orders
−$24.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$58.49
Costs to cover
0.473%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Aster: live order book, 1 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 Gate live order book, 1 min ago2.05 bp16.0 bp −$1621.5 bp −$21598.5 bp −$9,852doesn't fit
Sell Aster live order book, 1 min ago2.04 bp9.0 bp −$923.6 bp −$236doesn't fitdoesn'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
ApeX Omni ADAUSDT−0.0012%1h0.24520.000%$56K$587K50xas long as short
dYdX ADA-USD0.0000%1h0.2452−0.016%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2445−0.285%$208K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2447−0.192%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.775%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2448−0.163%$422K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2456+0.159%$42.8M$14.3M10xas long as short
Aster ADAUSDTshort+0.0100%8h0.2451−0.051%$1.2M$968K75x
Pacifica ADA+0.0100%1h0.2453+0.031%$158K$156K10xas long as short
Binance ADAUSDT+0.0100%8h0.2457+0.198%$102.3M$374.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2456+0.163%$72.2M$107.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2455+0.122%$32.5M$108.4M50xas long as short
Gate ADA_USDTlong+0.0100%8h0.2452long leg$98.5M$58.3M75x
MEXC ADA_USDT+0.0100%8h0.2455+0.122%$50.2M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2453+0.053%$30.0M$18.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2455+0.122%$65.7M$46.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2454+0.082%$20.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2450−0.094%$129K$424K15xas long as short
Variational Omni ADA+0.0100%8h0.2434−0.729%$4.2M$992Kas long as short
edgeX ADAUSDC+0.0100%4h0.2450−0.062%$65K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2436−0.653%$285K$3.7M10xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2455+0.118%$92K$655K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2448−0.163%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2449−0.117%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2449−0.122%$9K$773K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2448−0.171%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2448−0.145%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2449−0.122%$47.7M$6.4M50xas long as short
Lighter ADA+0.0104%1h0.2454+0.086%$2.4M$1.0M10xas long as short
Extended ADA-USD+0.0104%1h0.2454+0.076%$533K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0105%8h0.2455+0.142%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2441−0.449%$4K$87K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2448−0.163%$4.5M$5.6M75xas long as short
Reya ADARUSDPERP+0.0282%1h0.2454+0.083%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0355%1h0.2447−0.210%$6.2M$12.0M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0526%1h0.2449−0.106%$490K$462K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0621% / S −0.0389%1h0.2446−0.226%$140K100xas long as short