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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: KuCoin against Hyperliquid−0.016%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$12 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.016%, 7d avg +0.001%
Together, before fees+0.147%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ADA0.24650.0100pay 0.0013% / 1h54m 49s$42.7M$14.5M10x
ShortKuCoin ADAUSDTM0.24640.0100get 0.0100% / 8h1h 54m$30.4M$18.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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: −0.016% → +0.001%
−$1.76
Slippage, 4 orders
−$16.6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$39.37
Costs to cover
0.376%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 4 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 Hyperliquid live order book, 9 min ago0.20 bp5.5 bp −$610.0 bp −$100doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago1.22 bp10.7 bp −$1121.7 bp −$217doesn'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%1h0.2463−0.068%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2462−0.101%$162K$5.8M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h0.2465+0.024%$479K$351K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464−0.035%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2461−0.142%$409K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0094%1h0.2464−0.007%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2466+0.049%$2.4M$1.3M10xas long as short
Hyperliquid ADAlong+0.0100%1h0.2465long leg$42.7M$14.5M10x
Aster ADAUSDT+0.0100%8h0.2465+0.020%$1.2M$998K75xas long as short
Pacifica ADA+0.0100%1h0.2463−0.070%$158K$147K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2464−0.020%$102.1M$355.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2464−0.020%$70.9M$99.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2464−0.020%$32.0M$105.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2463−0.061%$97.1M$57.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2464−0.020%$53.1M$50.0M300xas long as short
KuCoin ADAUSDTMshort+0.0100%8h0.2464−0.016%$30.4M$18.2M75x
Bitget ADAUSDT+0.0100%8h0.2465+0.020%$65.9M$42.8M75xas long as short
BingX ADA-USDT+0.0100%8h0.2464−0.020%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2465+0.041%$101K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.171%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2450−0.591%$65K$278K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.458%$296K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.385%$55K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2465+0.020%$97K$624K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.020%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2464−0.023%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2465+0.018%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2464−0.041%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2466+0.071%$1.3M$5.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2464−0.020%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2463−0.059%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2464−0.017%$559K$1.8M50xas long as short
Phoenix ADA+0.0195%1h0.2454−0.422%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2466+0.061%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0286%1h0.2465+0.030%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2445−0.791%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2464−0.041%$122K100xas long as short