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 −0.002%
Price spread now: Gate against Orderly0.000%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ADA_USDC0.24460.0100pay 0.0100% / 8h7h 44m$6K$29K20x
ShortGate ADA_USDT0.24460.0100get 0.0100% / 8h7h 44m$97.6M$58.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$21
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 5 min ago. 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 Orderly no order-book sample
Sell Gate live order book, 5 min ago2.05 bp12.7 bp −$1317.4 bp −$17478.5 bp −$7,851doesn't fit
Orderly: 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%1h0.2447+0.035%$201K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2447+0.041%$194K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2444−0.100%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.022%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2443−0.123%$407K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0048%1h0.2447+0.032%$6.1M$11.7M50xas long as short
Lighter ADA+0.0096%1h0.2450+0.143%$2.4M$1.1M10xas long as short
Phoenix ADA+0.0098%1h0.2445−0.037%$4K$84K10xas long as short
Hyperliquid ADA+0.0100%1h0.2445−0.045%$42.5M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2447+0.037%$1.2M$939K75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ADA+0.0100%1h0.2447+0.049%$157K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2444−0.067%$101.1M$364.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2444−0.082%$71.4M$103.4M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2444−0.082%$32.3M$106.5M50xas long as short
Gate ADA_USDTshort+0.0100%8h0.24460.000%$97.6M$58.3M75x
MEXC ADA_USDT+0.0100%8h0.2443−0.123%$52.3M$50.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2445−0.029%$30.0M$17.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2445−0.041%$65.7M$43.8M75xas long as short
BingX ADA-USDT+0.0100%8h0.2445−0.041%$20.4Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2448+0.090%$107K$413K15xas long as short
Variational Omni ADA+0.0100%8h0.2442−0.159%$4.2M$944Kas long as short
edgeX ADAUSDC+0.0100%4h0.2446−0.002%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2446+0.001%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2443−0.123%$55K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2445−0.061%$93K$644K10xas long as short
Orderly PERP_ADA_USDClong+0.0100%8h0.2446long leg$6K$29K20x
Derive ADA-PERP+0.0100%1h0.2447+0.051%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2448+0.082%$9K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2447+0.041%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2448+0.072%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.24460.000%$47.8M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2446+0.019%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2445−0.021%$550K$1.8M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2449+0.123%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0283%1h0.2443−0.121%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0622% / S −0.0393%1h0.2442−0.149%$141K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.1262%1h0.2450+0.172%$494K$431K50xas long as short