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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX+0.037%59s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.037%, 7d avg +0.027%
Together, before fees+0.217%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24660.0100pay 0.0100% / 8h4h 03m$1.3M$6.3M75x
ShortBloFin ADA-USDT0.24670.0220get 0.0220% / 8h4h 03m$4.5M$5.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.037% → +0.027%
$0.96
Slippage, 4 orders
−$21.31
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$19.15
Costs to cover
0.453%
Break-even
12.3 days
Slippage from HTX: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago2.85 bp11.3 bp −$1126.2 bp −$26251.3 bp −$5,133doesn't fit
Sell BloFin live order book, 5 min ago6.07 bp12.1 bp −$1214.1 bp −$14120.0 bp −$2,00148.6 bp −$24.3K

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+0.134%$203K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2466−0.004%$160K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2466+0.010%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.199%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2464−0.085%$423K$7.7M50xas long as short
Kraken Futures PF_ADAUSD+0.0092%1h0.2470+0.156%$6.3M$12.5M50xas long as short
Lighter ADA+0.0096%1h0.2473+0.280%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2470+0.159%$1.2M$989K75xas long as short
Pacifica ADA+0.0100%1h0.2465−0.028%$160K$160K10xas long as short
Binance ADAUSDT+0.0100%8h0.2472+0.240%$104.7M$370.1M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2470+0.159%$72.1M$108.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2473+0.280%$33.1M$105.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2469+0.118%$98.7M$59.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2470+0.159%$61.7M$61.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2471+0.187%$29.9M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2470+0.159%$66.5M$49.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2470+0.159%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2471+0.191%$131K$445K15xas long as short
Variational Omni ADA+0.0100%8h0.2465−0.041%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2470+0.146%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2468+0.077%$298K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2468+0.077%$227K$747K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2469+0.102%$94K$689K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2467+0.037%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2469+0.110%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2468+0.075%$9K$729K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2469+0.098%$340$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2466long leg$1.3M$6.3M75x
Phemex ADAUSDT+0.0100%8h0.2471+0.199%$48.2M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2470+0.150%$536K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2465−0.032%$21K$25020xas long as short
Phoenix ADA+0.0195%1h0.2472+0.232%$4K$100K10xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2467+0.037%$4.5M$5.8M75x
Hyperliquid ADA+0.0234%1h0.2473+0.280%$43.6M$15.1M10xas long as short
Reya ADARUSDPERP+0.0278%1h0.2468+0.078%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0595% / S −0.0547%1h0.2467+0.032%$133K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0601%1h0.2469+0.114%$599K$488K50xas long as short