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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against OKX−0.087%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 days+0.055%+$5 · spread now −0.087%, 7d avg −0.049%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · 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: Extended is 0.039% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ADA-USDT-SWAP0.24600.0100pay 0.0100% / 8h5h 44m$32.8M$105.3M50x
ShortExtended ADA-USD0.24580.0104get 0.0013% / 1h44m 00s$535K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: −0.087% → −0.049%
−$3.88
Slippage, 4 orders
−$12.19
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$30.23
Costs to cover
0.272%
Break-even
258.9 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 4 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 OKX live order book, 5 min ago2.04 bp11.1 bp −$1115.3 bp −$15348.3 bp −$4,828doesn't fit
Sell Extended live order book, 4 min ago2.04 bp4.5 bp −$57.6 bp −$76doesn'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%1h0.2458−0.074%$202K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2456−0.147%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.447%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2458−0.081%$441K$7.5M50xas long as short
Hyperliquid ADA+0.0100%1h0.2461+0.024%$42.9M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2458−0.098%$1.2M$985K75xas long as short
Pacifica ADA+0.0100%1h0.2459−0.045%$158K$159K10xas long as short
Binance ADAUSDT+0.0100%8h0.2459−0.037%$103.0M$367.0M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2459−0.041%$72.6M$107.9M75xas long as short
OKX ADA-USDT-SWAPlong+0.0100%8h0.2460long leg$32.8M$105.3M50x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2457−0.122%$98.2M$58.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458−0.081%$59.9M$55.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2457−0.102%$29.8M$16.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2458−0.081%$65.8M$47.7M75xas long as short
BingX ADA-USDC+0.0100%8h0.2458−0.081%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2458−0.069%$119K$420K15xas long as short
Variational Omni ADA+0.0100%8h0.2456−0.160%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2454−0.248%$65K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.304%$287K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2452−0.325%$226K$722K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2458−0.093%$94K$674K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2458−0.081%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2459−0.061%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2459−0.041%$8K$745K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2458−0.081%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2458−0.080%$1.3M$6.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2458−0.081%$47.8M$6.3M50xas long as short
Kalshi KXADAPERP+0.0103%8h0.2463+0.122%$162K$6.2M3.2xas long as short
Extended ADA-USDshort+0.0104%1h0.2458−0.087%$535K$1.8M50x
Paradex ADA-USD-PERP+0.0109%8h0.2460−0.006%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2456−0.150%$4K$90K10xas long as short
Lighter ADA+0.0176%1h0.24600.000%$2.4M$1.0M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2462+0.081%$5.8M75xas long as short
Kraken Futures PF_ADAUSD+0.0261%1h0.2458−0.100%$6.3M$12.3M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2457−0.102%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0401%1h0.2459−0.061%$540K$456K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0416% / S −0.0202%1h0.2455−0.190%$95K100xas long as short