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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against MEXC−0.105%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.105%, 7d avg +0.005%
Together, before fees+0.187%+ Points / potential airdropedgeX: Active · farm board+$19 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: edgeX is 0.110% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ADA_USDT0.24530.0100pay 0.0100% / 8h7h 39m$52.7M$51.0M300x
ShortedgeX ADAUSDC0.24500.0100get 0.0050% / 4h3h 39m$65K$281K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$0
Price spread: −0.105% → +0.005%
−$11
Slippage, 4 orders
−$16.65
Fee MEXC: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$36.65
Costs to cover
0.256%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; edgeX: live order book, 34 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 MEXC live order book, 5 min ago2.04 bp2.0 bp −$24.5 bp −$4516.2 bp −$1,62464.3 bp −$32.2K
Sell edgeX live order book, 34 min ago6.14 bp10.8 bp −$1129.9 bp −$299doesn'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%1h0.2454+0.057%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2456+0.122%$195K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2451−0.101%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.734%$849$202K12xas long as short
Deribit ADA_USDC-PERPETUAL+0.0036%1h0.2450−0.106%$492K$435K50xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2449−0.163%$412K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0048%1h0.2449−0.181%$6.1M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2451−0.098%$2.4M$1.1M10xas long as short
Phoenix ADA+0.0098%1h0.2450−0.114%$4K$84K10xas long as short
Hyperliquid ADA+0.0100%1h0.2455+0.082%$42.8M$14.3M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ADAUSDT+0.0100%8h0.2453−0.012%$1.2M$944K75xas long as short
Pacifica ADA+0.0100%1h0.2455+0.067%$158K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2450−0.122%$101.4M$364.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2450−0.122%$71.8M$103.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2451−0.082%$32.4M$106.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2451−0.082%$97.7M$58.4M75xas long as short
MEXC ADA_USDTlong+0.0100%8h0.2453long leg$52.7M$51.0M300x
KuCoin ADAUSDTM+0.0100%8h0.2454+0.057%$30.1M$17.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2450−0.122%$65.9M$43.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2451−0.082%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2456+0.130%$111K$411K15xas long as short
Variational Omni ADA+0.0100%8h0.2451−0.077%$4.2M$944Kas long as short
edgeX ADAUSDCshort+0.0100%4h0.2450−0.105%$65K$281K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2451−0.081%$296K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2451−0.082%$55K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2452−0.037%$93K$644K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2450−0.122%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2451−0.099%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2455+0.081%$9K$764K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2449−0.167%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2450−0.136%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2449−0.163%$47.8M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2455+0.071%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2448−0.184%$553K$1.8M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2448−0.204%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0283%1h0.2452−0.039%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0624% / S −0.0393%1h0.2450−0.114%$141K100xas long as short