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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against HTX−0.079%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.079% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24430.0100pay 0.0100% / 8h28m 31s$1.3M$5.4M75x
ShortgTrade (Gains Network) ADA/USD0.2442L +0.0005% / S −0.0003%get 0.0000% / 1h28m 31s$84K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.34
Price spread: −0.079% → 0.000%
−$7.9
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$50.24
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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 ago0.98 bp12.9 bp −$1324.9 bp −$24950.6 bp −$5,059doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2443−0.025%$201K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2443−0.020%$186K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2442−0.079%$84K150x
Coinbase International ADA-PERP-INTX+0.0056%1h0.2442−0.061%$403K$7.3M50xas long as short
Lighter ADA+0.0096%1h0.2443−0.016%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2442−0.053%$42.3M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2441−0.090%$1.2M$928K75xas long as short
Pacifica ADA+0.0100%1h0.2442−0.051%$157K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2442−0.061%$101.5M$363.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2442−0.061%$71.1M$103.2M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2442−0.061%$32.2M$106.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2441−0.102%$96.8M$59.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2441−0.102%$52.6M$50.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2442−0.061%$29.9M$18.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2441−0.102%$65.5M$43.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2443−0.020%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2444+0.033%$108K$416K15xas long as short
Variational Omni ADA+0.0100%8h0.2449+0.234%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2453+0.383%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2449+0.227%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2454+0.430%$56K$582K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2441−0.090%$92K$634K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2441−0.102%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2444+0.036%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2445+0.060%$9K$764K30xas long as short
SoDEX ADA-USD+0.0100%1h0.24440.000%$336$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2443long leg$1.3M$5.4M75x
Phemex ADAUSDT+0.0100%8h0.2443−0.020%$47.7M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2442−0.059%$20K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2441−0.100%$554K$1.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0114%1h0.2444+0.007%$6.1M$11.7M50xas long as short
Phoenix ADA+0.0130%1h0.2452+0.365%$4K$78K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2444+0.021%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471+1.126%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.2441−0.097%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0563% / S −0.0313%1h0.2441−0.089%$121K100xas long as short
Deribit ADA_USDC-PERPETUAL+2.4747%1h0.2505+2.534%$503K$430K50xas long as short