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 0.000%
Price spread now: HTX against GRVT+0.188%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$440.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.193%+$19 · spread now +0.188%, 7d avg +0.026%
Together, before fees+0.208%+ Points / potential airdropGRVT: Active · 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: HTX is 0.162% dearer against GRVT than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ADA_USDT_Perp0.24640.0100pay 0.0100% / 8h5h 40m$299K$3.7M10x
ShortHTX ADA-USDT0.24680.0100get 0.0100% / 8h5h 40m$1.3M$6.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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: +0.188% → +0.026%
$16.18
Slippage, 4 orders
−$22.58
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$27.4
Costs to cover
0.436%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 min ago; HTX: live order book, 4 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 GRVT live order book, 3 min ago2.03 bp14.1 bp −$1423.7 bp −$237doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago1.28 bp9.9 bp −$1017.0 bp −$17053.9 bp −$5,386doesn'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
dYdX ADA-USD0.0000%1h0.2469+0.200%$203K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2467+0.145%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.293%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2466+0.090%$418K$7.5M50xas long as short
Hyperliquid ADA+0.0100%1h0.2476+0.482%$43.0M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2471+0.290%$1.2M$987K75xas long as short
Pacifica ADA+0.0100%1h0.2470+0.262%$159K$159K10xas long as short
Binance ADAUSDT+0.0100%8h0.2476+0.496%$104.0M$369.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2475+0.456%$72.9M$108.4M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2474+0.415%$33.0M$106.1M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2474+0.415%$99.1M$58.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2474+0.415%$51.8M$56.4M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2469+0.220%$29.9M$16.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2473+0.374%$66.3M$48.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2475+0.456%$20.2Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2468+0.176%$122K$419K15xas long as short
Variational Omni ADA+0.0100%8h0.2468+0.172%$4.3M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2463−0.014%$65K$282K20xas long as short
GRVT ADA_USDT_Perplong+0.0100%8h0.2464long leg$299K$3.7M10x
ApeX Omni ADAUSDT+0.0100%1h0.2463−0.031%$227K$730K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2475+0.460%$95K$675K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2466+0.090%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2469+0.195%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2467+0.130%$9K$746K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2467+0.111%$339$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2468+0.188%$1.3M$6.0M75x
Phemex ADAUSDT+0.0100%8h0.2467+0.131%$48.0M$6.3M50xas long as short
Kalshi KXADAPERP+0.0104%8h0.2464+0.009%$159K$6.2M3.2xas long as short
Extended ADA-USD+0.0104%1h0.2475+0.447%$537K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0110%8h0.2476+0.494%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2469+0.200%$4K$90K10xas long as short
Lighter ADA+0.0176%1h0.2472+0.322%$2.5M$1.0M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2466+0.090%$4.5M$5.8M75xas long as short
Kraken Futures PF_ADAUSD+0.0260%1h0.2466+0.100%$6.3M$12.4M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2473+0.374%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0417% / S −0.0202%1h0.2468+0.161%$96K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0440%1h0.2466+0.107%$543K$457K50xas long as short