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

ADA

all ADA markets
SwapBacktest
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: KuCoin against MEXC+0.020%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.020%, 7d avg +0.008%
Together, before fees−0.005%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ADA_USDT0.24780.0100pay 0.0100% / 8h5h 31m$58.0M$57.4M300x
ShortKuCoin ADAUSDTM0.24780.0100get 0.0100% / 8h5h 31m$29.8M$16.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.020% → +0.008%
$1.18
Slippage, 4 orders
−$22.57
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$33.39
Costs to cover
0.346%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago2.02 bp2.0 bp −$23.8 bp −$3815.5 bp −$1,54757.1 bp −$28.6K
Sell KuCoin live order book, 8 min ago3.24 bp11.6 bp −$1218.9 bp −$189doesn'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%1h0.2476−0.093%$204K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2477−0.029%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.282%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2476−0.081%$423K$7.6M50xas long as short
Hyperliquid ADA+0.0100%1h0.2480+0.093%$43.1M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2477−0.029%$1.2M$992K75xas long as short
Pacifica ADA+0.0100%1h0.2478−0.017%$159K$161K10xas long as short
Binance ADAUSDT+0.0100%8h0.2479+0.036%$104.9M$370.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.24780.000%$72.8M$109.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2480+0.081%$33.0M$106.5M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.24780.000%$99.3M$59.5M75xas long as short
MEXC ADA_USDTlong+0.0100%8h0.2478long leg$58.0M$57.4M300x
KuCoin ADAUSDTMshort+0.0100%8h0.2478+0.020%$29.8M$16.5M75x
Bitget ADAUSDT+0.0100%8h0.24780.000%$66.5M$48.5M75xas long as short
BingX ADA-USDT+0.0100%8h0.24780.000%$20.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2474−0.145%$128K$424K15xas long as short
Variational Omni ADA+0.0100%8h0.2479+0.041%$4.3M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2477−0.046%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2477−0.034%$290K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2476−0.081%$228K$733K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2479+0.040%$96K$676K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.24780.000%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2476−0.089%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2478−0.001%$9K$747K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2475−0.141%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2473−0.186%$1.3M$6.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2475−0.121%$48.1M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2478+0.012%$537K$1.8M50xas long as short
Kalshi KXADAPERP+0.0106%8h0.2475−0.121%$141K$6.3M3.2xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2478−0.006%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2479+0.040%$4K$90K10xas long as short
Lighter ADA+0.0184%1h0.2479+0.044%$2.5M$1.0M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2480+0.081%$4.5M$5.8M75xas long as short
Kraken Futures PF_ADAUSD+0.0260%1h0.2474−0.182%$6.3M$12.5M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2478+0.019%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0417% / S −0.0202%1h0.2478−0.006%$96K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0437%1h0.2476−0.073%$564K$450K50xas long as short