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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Pacifica−0.087%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.087% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ADA0.24380.0100pay 0.0013% / 1h53m 53s$157K$156K10x
ShortgTrade (Gains Network) ADA/USD0.2435L +0.0005% / S −0.0003%get 0.0000% / 1h53m 53s$83K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Pacifica. 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
−$20.35
Price spread: −0.087% → 0.000%
−$8.7
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$47.05
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 14 min ago; gTrade (Gains Network): 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 Pacifica live order book, 14 min ago2.62 bp7.5 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
ApeX Omni ADAUSDT−0.0012%1h0.2452+0.591%$56K$587K50xas long as short
dYdX ADA-USD0.0000%1h0.2437−0.045%$200K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2440+0.098%$207K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2435−0.087%$83K150x
Injective ADA/USDC PERP+0.0033%1h0.2471+1.370%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2435−0.107%$426K$7.3M50xas long as short
Phoenix ADA+0.0098%1h0.2441+0.131%$4K$87K10xas long as short
Hyperliquid ADA+0.0100%1h0.2444+0.242%$42.6M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2440+0.099%$1.2M$966K75xas long as short
Pacifica ADAlong+0.0100%1h0.2438long leg$157K$156K10x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2443+0.222%$101.7M$373.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2442+0.181%$71.7M$107.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2445+0.304%$32.3M$107.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2441+0.139%$98.0M$58.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2444+0.263%$50.0M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2442+0.193%$29.9M$18.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2443+0.222%$65.4M$46.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2442+0.181%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2443+0.217%$129K$424K15xas long as short
Variational Omni ADA+0.0100%8h0.2434−0.143%$4.2M$992Kas long as short
edgeX ADAUSDC+0.0100%4h0.2450+0.529%$65K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2452+0.594%$295K$3.7M10xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2434−0.168%$92K$653K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2438+0.016%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2439+0.072%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2435−0.106%$9K$773K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2441+0.139%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2442+0.197%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2440+0.098%$47.5M$6.4M50xas long as short
Lighter ADA+0.0104%1h0.2442+0.201%$2.4M$1.0M10xas long as short
Extended ADA-USD+0.0104%1h0.2443+0.239%$530K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0104%8h0.2437−0.038%$20K$25020xas long as short
BloFin ADA-USDT+0.0220%8h0.2436−0.066%$4.5M$5.6M75xas long as short
Reya ADARUSDPERP+0.0282%1h0.2434−0.167%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0356%1h0.2441+0.140%$6.1M$12.0M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0570%1h0.2440+0.103%$488K$462K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0624% / S −0.0393%1h0.2435−0.123%$140K100xas long as short