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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against MEXC−0.119%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.119% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ADA_USDT0.24400.0100pay 0.0100% / 8h23m 21s$51.8M$65.7M300x
ShortParadex ADA-USD-PERP0.24370.0103get 0.0103% / 8h23m 21s$20K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.72
Price spread: −0.119% → 0.000%
−$11.85
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$15.14
Costs to cover
0.040%
Break-even
154.9 days
Slippage unknown: MEXC: live order book, 6 min ago; Paradex: no order-book sample. Net counts fees only.

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, 6 min ago2.05 bp2.0 bp −$26.0 bp −$6022.1 bp −$2,20689.8 bp −$44.9K
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2437−0.143%$200K$2K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2439−0.025%$83K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.270%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2438−0.074%$2.4M$1.0M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.24400.000%$6K$5K20xas long as short
Hyperliquid ADA+0.0100%1h0.2441+0.033%$42.9M$18.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2440−0.017%$1.2M$1.2M75xas long as short
Pacifica ADA+0.0100%1h0.2437−0.114%$156K$180K10xas long as short
Binance ADAUSDT+0.0100%8h0.2441+0.038%$103.0M$407.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.24400.000%$72.6M$126.2M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2441+0.041%$32.4M$118.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2439−0.041%$99.6M$65.4M75xas long as short
MEXC ADA_USDTlong+0.0100%8h0.2440long leg$51.8M$65.7M300x
KuCoin ADAUSDTM+0.0100%8h0.2440−0.020%$29.5M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24400.000%$66.3M$53.9M75xas long as short
BingX ADA-USDT+0.0100%8h0.24400.000%$20.2Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2438−0.066%$138K$485K15xas long as short
Variational Omni ADA+0.0100%8h0.2436−0.162%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2438−0.080%$65K$287K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2438−0.093%$294K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2438−0.082%$77K$894K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.24400.000%$121K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2436−0.153%$39K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2439−0.060%$8K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2437−0.143%$335$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2437−0.129%$1.3M$7.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2436−0.164%$47.2M$7.6M50xas long as short
Kalshi KXADAPERP+0.0101%8h0.2437−0.123%$233K$7.7M3.2xas long as short
Paradex ADA-USD-PERPshort+0.0103%8h0.2437−0.119%$20K$25020x
Extended ADA-USD+0.0104%1h0.2439−0.047%$512K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0144%1h0.2437−0.123%$378K$8.4M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2439−0.041%$4.5M$5.8M75xas long as short
Phoenix ADA+0.0228%1h0.2439−0.053%$2K$112K10xas long as short
Reya ADARUSDPERP+0.0273%1h0.2440−0.002%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0281%1h0.2436−0.151%$6.3M$14.0M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0369% / S −0.0295%1h0.2436−0.165%$86K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0489%1h0.2438−0.082%$621K$614K50xas long as short