Funding arb · Price arb /

ADA

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Swap Backtest

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: Aster against KuCoin+0.011%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$470.473% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.011%, 7d avg +0.022%

Together, before fees+0.117%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ADAUSDTM	0.2443	0.0100	pay 0.0100% / 8h	29m 29s	$30.0M	$18.0M	75x
Short	Aster ADAUSDT	0.2443	0.0100	get 0.0100% / 8h	29m 29s	$1.2M	$928K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.022%: −$1.1
Slippage, 4 orders: −$27.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$48.39
Costs to cover: 0.473%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	1.02 bp	13.6 bp −$14	22.0 bp −$220	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	4.08 bp	12.0 bp −$12	22.3 bp −$223	doesn't fit	doesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2443	+0.012%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2446	+0.139%	$186K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2444	+0.040%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2444	+0.057%	$403K	$7.3M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0077%	1h	0.2444	+0.066%	$491K	$430K	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2444	+0.053%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2443	−0.004%	$42.3M	$14.3M	10x	as long as short
Aster ADAUSDTshort	+0.0100%	8h	0.2443	+0.011%	$1.2M	$928K	75x
Pacifica ADA	+0.0100%	1h	0.2443	+0.018%	$157K	$145K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2442	−0.019%	$101.5M	$363.0M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2442	−0.025%	$70.9M	$103.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2442	−0.025%	$32.2M	$106.6M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2442	−0.025%	$96.8M	$59.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2442	−0.025%	$52.6M	$50.8M	300x	as long as short
KuCoin ADAUSDTMlong	+0.0100%	8h	0.2443	long leg	$30.0M	$18.0M	75x
Bitget ADAUSDT	+0.0100%	8h	0.2442	−0.025%	$65.5M	$43.4M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2443	+0.016%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2443	0.000%	$108K	$416K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2449	+0.271%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2453	+0.419%	$65K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2449	+0.263%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2454	+0.467%	$56K	$582K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2442	−0.045%	$90K	$632K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2443	+0.016%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2444	+0.051%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2444	+0.054%	$9K	$763K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2444	+0.037%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2444	+0.052%	$1.3M	$5.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2443	+0.016%	$47.7M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2443	+0.002%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2442	−0.023%	$554K	$1.8M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0114%	1h	0.2443	+0.006%	$6.1M	$11.7M	50x	as long as short
Phoenix ADA	+0.0130%	1h	0.2452	+0.401%	$4K	$78K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2448	+0.221%	$4.4M	$5.5M	75x	as long as short
Injective ADA/USDC PERP	+0.0254%	1h	0.2471	+1.163%	$849	$202K	12x	as long as short
Reya ADARUSDPERP	+0.0284%	1h	0.2441	−0.061%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0564% / S −0.0313%	1h	0.2443	+0.026%	$121K	—	100x	as long as short