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: Aster against HTX−0.041%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$480.475% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.041%, 7d avg +0.005%
Together, before fees−0.139%+ Points / potential airdropAster: Stage 5 · farm board−$14 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 0.046% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.25080.0100pay 0.0100% / 8h3h 34m$1.4M$6.6M75x
ShortAster ADAUSDT0.25070.0100get 0.0100% / 8h3h 34m$1.2M$1.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: −0.041% → +0.005%
−$4.6
Slippage, 4 orders
−$27.54
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.14
Costs to cover
0.475%
Break-even
never at this rate
Slippage from HTX: live order book, 4 min ago; Aster: live order book, 3 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 HTX live order book, 4 min ago3.67 bp13.4 bp −$1323.5 bp −$23551.4 bp −$5,135doesn't fit
Sell Aster live order book, 3 min ago3.99 bp8.2 bp −$820.3 bp −$203doesn'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
dYdX ADA-USD0.0000%1h0.2501−0.287%$206K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2507−0.040%$164K$6.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2506−0.085%$86K150xas long as short
Kraken Futures PF_ADAUSD+0.0025%1h0.2506−0.068%$6.4M$13.0M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.476%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2505−0.120%$403K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2507−0.048%$2.5M$1.1M10xas long as short
Aster ADAUSDTshort+0.0100%8h0.2507−0.041%$1.2M$1.0M75x
Pacifica ADA+0.0100%1h0.2502−0.232%$161K$170K10xas long as short
Binance ADAUSDT+0.0100%8h0.2502−0.226%$106.6M$382.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2500−0.319%$74.2M$112.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2502−0.240%$33.6M$110.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2504−0.160%$102.3M$60.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2501−0.280%$61.3M$61.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2502−0.256%$30.1M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2501−0.280%$68.1M$51.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2505−0.120%$6.6Mas long as short
Variational Omni ADA+0.0100%8h0.2508+0.002%$4.4M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2508−0.008%$67K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2503−0.214%$293K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2507−0.040%$231K$753K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2509+0.031%$95K$616K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2506−0.080%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2507−0.036%$41K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2508−0.002%$9K$738K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2506−0.060%$345$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2508long leg$1.4M$6.6M75x
Phemex ADAUSDT+0.0100%8h0.2506−0.080%$48.9M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2505−0.109%$542K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0113%8h0.2501−0.260%$21K$25020xas long as short
Phoenix ADA+0.0161%1h0.2508−0.008%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2507−0.040%$4.6M$5.9M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2508+0.019%$1K15xas long as short
Backpack ADA_USDC_PERP+0.0342%1h0.2508−0.008%$143K$460K15xas long as short
Hyperliquid ADA+0.0486%1h0.2507−0.040%$44.9M$16.0M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0508%1h0.2508−0.004%$622K$523K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0618% / S −0.0569%1h0.2505−0.110%$139K100xas long as short