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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against HTX+0.011%7-day average −0.046% · 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−$26as in the Price arb table
costs, in and out, $10k−$320.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)−0.418%−$42 · spread now +0.011%, 7d avg −0.046%
Together, before fees−0.528%+ Points / potential airdropExtended: Active · farm board−$53 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: Extended is 0.057% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24790.0100pay 0.0100% / 8h5h 18m$1.3M$6.2M75x
ShortExtended ADA-USD0.24790.0104get 0.0013% / 1h18m 04s$539K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.011% → −0.046%
$5.69
Slippage, 4 orders
−$14.5
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$24.97
Costs to cover
0.315%
Break-even
215.1 days
Slippage from HTX: live order book, 1 min ago; Extended: 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, 1 min ago3.24 bp12.4 bp −$1228.3 bp −$28371.2 bp −$7,120doesn't fit
Sell Extended live order book, 5 min ago2.01 bp4.5 bp −$57.4 bp −$74doesn'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%1h0.2480+0.055%$204K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2476−0.112%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.327%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2482+0.117%$415K$7.7M50xas long as short
Aster ADAUSDT+0.0100%8h0.2478−0.044%$1.2M$999K75xas long as short
Pacifica ADA+0.0100%1h0.2482+0.125%$159K$162K10xas long as short
Binance ADAUSDT+0.0100%8h0.2479+0.010%$105.4M$371.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2479−0.004%$72.3M$110.4M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2480+0.036%$33.0M$106.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2477−0.085%$99.6M$60.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ADA_USDT+0.0100%8h0.2479−0.004%$57.7M$60.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2479−0.012%$29.8M$16.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2480+0.036%$66.5M$49.4M75xas long as short
BingX ADA-USDT+0.0100%8h0.2479−0.004%$19.9Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2479−0.012%$139K$433K15xas long as short
Variational Omni ADA+0.0100%8h0.2495+0.643%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2495+0.657%$66K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2482+0.127%$294K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2496+0.682%$230K$736K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.24790.000%$96K$678K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2477−0.085%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2478−0.046%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2481+0.076%$8K$746K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2477−0.065%$341$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2479long leg$1.3M$6.2M75x
Phemex ADAUSDT+0.0100%8h0.2479−0.004%$48.3M$6.5M50xas long as short
Kalshi KXADAPERP+0.0103%8h0.2484+0.198%$160K$6.3M3.2xas long as short
Extended ADA-USDshort+0.0104%1h0.2479+0.011%$539K$1.8M50x
Paradex ADA-USD-PERP+0.0110%8h0.2482+0.125%$21K$25020xas long as short
Hyperliquid ADA+0.0129%1h0.2481+0.061%$43.1M$14.4M10xas long as short
Phoenix ADA+0.0163%1h0.2492+0.516%$4K$90K10xas long as short
Lighter ADA+0.0184%1h0.2480+0.044%$2.4M$1.1M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2485+0.238%$4.5M$5.8M75xas long as short
Kraken Futures PF_ADAUSD+0.0259%1h0.2478−0.058%$6.3M$12.6M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2479−0.005%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0437%1h0.2478−0.048%$585K$442K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0486% / S −0.0279%1h0.2476−0.140%$108K100xas long as short