Funding arb · Price arb /

ADA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: OKX against Pacifica−0.001%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on Pacifica Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.001%, 7d avg −0.001%

Together, before fees−0.070%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ADA	0.2459	0.0100	pay 0.0013% / 1h	17m 15s	$157K	$146K	10x
Short	OKX ADA-USDT-SWAP	0.2459	0.0100	get 0.0100% / 8h	1h 17m	$31.8M	$106.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee PacificabpFee OKXbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → −0.001%: −$0.01
Slippage, 4 orders: −$11.66
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.67
Costs to cover: 0.297%
Break-even: never at this rate

Slippage from Pacifica: live order book, just now; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, just now	2.03 bp	9.5 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.03 bp	7.0 bp −$7	12.5 bp −$125	47.1 bp −$4,713	doesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2458	−0.035%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2458	−0.042%	$154K	$6.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2459	−0.020%	$85K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2457	−0.083%	$410K	$7.3M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0076%	1h	0.2457	−0.099%	$479K	$351K	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0095%	1h	0.2456	−0.141%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2459	−0.005%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2460	+0.019%	$42.6M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2459	−0.020%	$1.2M	$920K	75x	as long as short
Pacifica ADAlong	+0.0100%	1h	0.2459	long leg	$157K	$146K	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2458	−0.046%	$102.0M	$360.3M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2458	−0.042%	$71.5M	$102.1M	75x	as long as short
OKX ADA-USDT-SWAPshort	+0.0100%	8h	0.2459	−0.001%	$31.8M	$106.0M	50x
Gate ADA_USDT	+0.0100%	8h	0.2458	−0.042%	$97.1M	$59.1M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2458	−0.042%	$53.5M	$50.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2458	−0.042%	$30.2M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2458	−0.042%	$65.9M	$43.2M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2458	−0.042%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2458	−0.030%	$101K	$414K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2453	−0.237%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2456	−0.136%	$65K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2456	−0.142%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2455	−0.164%	$55K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2459	+0.003%	$96K	$625K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2456	−0.123%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2457	−0.089%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2460	+0.042%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2456	−0.111%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2456	−0.114%	$1.3M	$5.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2458	−0.042%	$47.9M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2460	+0.022%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2455	−0.163%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2459	−0.022%	$4K	$74K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2460	+0.039%	$4.4M	$5.4M	75x	as long as short
Reya ADARUSDPERP	+0.0285%	1h	0.2459	+0.002%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.487%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0566% / S −0.0313%	1h	0.2458	−0.043%	$122K	—	100x	as long as short