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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.035%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 3 days (all we have)−0.100%−$10 · spread now −0.035%, 7d avg −0.023%
Together, before fees−0.179%−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24620.0100pay 0.0100% / 8h1h 55m$1.3M$5.0M75x
ShortBybit ADAUSDT0.24610.0100get 0.0100% / 8h1h 55m$70.8M$99.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.035% → −0.023%
−$1.2
Slippage, 4 orders
−$14.55
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$38.75
Costs to cover
0.375%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; Bybit: 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, 3 min ago1.93 bp10.0 bp −$1021.7 bp −$21751.6 bp −$5,163doesn't fit
Sell Bybit live order book, 3 min ago2.04 bp10.6 bp −$1113.5 bp −$13536.6 bp −$3,663160.1 bp −$80.1K

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%1h0.2462+0.018%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2458−0.157%$162K$5.8M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h0.2462+0.009%$478K$352K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2461−0.050%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2454−0.320%$407K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2461−0.019%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2463+0.046%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2463+0.038%$42.7M$14.6M10xas long as short
Aster ADAUSDT+0.0100%8h0.2461−0.034%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2462+0.013%$157K$147K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2461−0.015%$102.0M$355.6M75xas long as short
Bybit ADAUSDTshort+0.0100%8h0.2461−0.035%$70.8M$99.6M75x
OKX ADA-USDT-SWAP+0.0100%8h0.2462+0.005%$31.9M$105.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2460−0.076%$97.0M$57.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2461−0.035%$53.0M$50.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2461−0.035%$30.4M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2461−0.035%$65.9M$42.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2461−0.035%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463+0.042%$101K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2449−0.507%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2450−0.485%$65K$278K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2449−0.510%$296K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2450−0.482%$55K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2461−0.023%$96K$624K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2461−0.035%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2462+0.008%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2461−0.037%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2462−0.015%$339$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2462long leg$1.3M$5.0M75x
Phemex ADAUSDT+0.0100%8h0.2461−0.035%$48.0M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2463+0.030%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2462+0.010%$559K$1.8M50xas long as short
Phoenix ADA+0.0195%1h0.2454−0.316%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2453−0.360%$4.4M$5.4M75xas long as short
Reya ADARUSDPERP+0.0286%1h0.2461−0.026%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2445−0.685%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2461−0.048%$122K100xas long as short