Funding arb · Price arb /

ADA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against MEXC+0.055%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.055%, 7d avg +0.013%

Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 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: Aster is 0.042% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ADA_USDT	0.2441	0.0100	pay 0.0100% / 8h	2h 39m	$58.2M	$63.2M	300x
Short	Aster ADAUSDT	0.2442	0.0100	get 0.0100% / 8h	2h 39m	$1.2M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → +0.013%: $4.18
Slippage, 4 orders: −$20.91
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.73
Costs to cover: 0.289%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 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 MEXC live order book, 5 min ago	2.03 bp	2.0 bp −$2	6.1 bp −$61	18.4 bp −$1,836	51.2 bp −$25.6K
Sell Aster live order book, 4 min ago	4.05 bp	14.2 bp −$14	30.7 bp −$307	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	0.2442	+0.058%	$201K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2443	+0.082%	$157K	$7.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2442	+0.060%	$83K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0020%	1h	0.2441	+0.019%	$6.2M	$13.3M	50x	as long as short
Phoenix ADA	+0.0032%	1h	0.2459	+0.729%	$4K	$105K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+1.229%	$849	$202K	12x	as long as short
Lighter ADA	+0.0096%	1h	0.2443	+0.086%	$2.4M	$989K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2442	+0.041%	$42.2M	$17.0M	10x	as long as short
Aster ADAUSDTshort	+0.0100%	8h	0.2442	+0.055%	$1.2M	$1.1M	75x
Pacifica ADA	+0.0100%	1h	0.2443	+0.100%	$156K	$170K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2442	+0.047%	$103.0M	$395.9M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2441	0.000%	$71.4M	$119.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2442	+0.041%	$32.6M	$112.3M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2442	+0.041%	$99.0M	$62.9M	75x	as long as short
MEXC ADA_USDTlong	+0.0100%	8h	0.2441	long leg	$58.2M	$63.2M	300x
KuCoin ADAUSDTM	+0.0100%	8h	0.2442	+0.041%	$29.3M	$15.4M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2441	0.000%	$66.3M	$52.1M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2443	+0.082%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2442	+0.020%	$116K	$469K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2456	+0.618%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2465	+0.968%	$66K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2459	+0.736%	$293K	$4.0M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2457	+0.655%	$228K	$761K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2440	−0.057%	$110K	$746K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2443	+0.082%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2444	+0.107%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2443	+0.082%	$8K	$749K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2442	+0.025%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2443	+0.062%	$1.3M	$6.7M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2442	+0.041%	$47.6M	$7.0M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2443	+0.094%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2442	+0.036%	$531K	$1.8M	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0104%	1h	0.2442	+0.041%	$383K	$8.2M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2441	0.000%	$4.5M	$5.8M	75x	as long as short
Reya ADARUSDPERP	+0.0276%	1h	0.2441	−0.019%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0323%	1h	0.2444	+0.119%	$602K	$549K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0620% / S −0.0585%	1h	0.2443	+0.068%	$138K	—	100x	as long as short