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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Paradex against Gate−0.149%45s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.149% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ADA_USDT0.24690.0100pay 0.0100% / 8h4h 03m$98.7M$59.9M75x
ShortParadex ADA-USD-PERP0.24650.0109get 0.0109% / 8h4h 03m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$1.8
Price spread: −0.149% → 0.000%
−$14.94
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$32.14
Costs to cover
0.190%
Break-even
132.0 days
Slippage unknown: Gate: live order book, 5 min ago; Paradex: 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 Gate live order book, 5 min ago2.02 bp13.1 bp −$1316.2 bp −$16279.0 bp −$7,895doesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.2463−0.228%$203K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2466−0.122%$160K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2466−0.108%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.081%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2464−0.203%$423K$7.7M50xas long as short
Kraken Futures PF_ADAUSD+0.0092%1h0.2470+0.038%$6.3M$12.5M50xas long as short
Lighter ADA+0.0096%1h0.2472+0.122%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2470+0.041%$1.2M$989K75xas long as short
Pacifica ADA+0.0100%1h0.2465−0.145%$160K$160K10xas long as short
Binance ADAUSDT+0.0100%8h0.2471+0.081%$104.7M$370.2M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2470+0.041%$72.1M$108.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2471+0.081%$33.1M$105.6M50xas long as short
Gate ADA_USDTlong+0.0100%8h0.2469long leg$98.7M$59.9M75x
MEXC ADA_USDT+0.0100%8h0.2470+0.041%$61.7M$61.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2471+0.069%$29.9M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2471+0.081%$66.5M$49.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2470+0.041%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2471+0.073%$131K$445K15xas long as short
Variational Omni ADA+0.0100%8h0.2465−0.159%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2470+0.027%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2468−0.041%$298K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2468−0.041%$227K$747K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2469−0.016%$94K$689K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2467−0.081%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2469−0.008%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2468−0.043%$9K$729K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2469−0.020%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2466−0.118%$1.3M$6.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2471+0.081%$48.2M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2470+0.032%$536K$1.8M50xas long as short
Paradex ADA-USD-PERPshort+0.0109%8h0.2465−0.149%$21K$25020x
Phoenix ADA+0.0195%1h0.2472+0.113%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2467−0.081%$4.5M$5.8M75xas long as short
Hyperliquid ADA+0.0233%1h0.2473+0.146%$43.6M$15.1M10xas long as short
Reya ADARUSDPERP+0.0278%1h0.2468−0.040%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0595% / S −0.0547%1h0.2467−0.086%$133K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0601%1h0.2469−0.004%$599K$488K50xas long as short