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

ADA

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SwapBacktest
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: Paradex against Pacifica−0.007%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 airdropPacifica: Active · Paradex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ADA0.24640.0100pay 0.0013% / 1h53m 57s$158K$147K10x
ShortParadex ADA-USD-PERP0.24640.0100get 0.0100% / 8h1h 53m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.07
Price spread: −0.007% → 0.000%
−$0.74
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$12.67
Costs to cover
0.120%
Break-even
1253.4 days
Slippage unknown: Pacifica: live order book, 29 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 Pacifica live order book, 29 min ago3.45 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
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%1h0.2463−0.053%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2465+0.035%$154K$5.8M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h0.2461−0.131%$478K$351K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2461−0.143%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2463−0.046%$409K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2460−0.167%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2461−0.127%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2459−0.220%$42.6M$14.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2458−0.246%$1.2M$998K75xas long as short
Pacifica ADAlong+0.0100%1h0.2464long leg$158K$147K10x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2458−0.257%$101.9M$355.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2458−0.249%$70.7M$99.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2458−0.249%$31.9M$105.4M50xas long as short
Gate ADA_USDT+0.0100%8h0.2457−0.289%$96.8M$57.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2457−0.289%$53.1M$50.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2457−0.302%$30.3M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2457−0.289%$65.6M$42.9M75xas long as short
BingX ADA-USDC+0.0100%8h0.2457−0.289%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2459−0.196%$101K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.156%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2450−0.577%$65K$278K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.443%$296K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.371%$55K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2462−0.066%$97K$624K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2460−0.168%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2461−0.131%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2463−0.047%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2460−0.147%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2460−0.162%$1.3M$5.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2459−0.208%$48.0M$5.8M50xas long as short
Paradex ADA-USD-PERPshort+0.0100%8h0.2464−0.007%$21K$25020x
Extended ADA-USD+0.0104%1h0.2458−0.245%$559K$1.8M50xas long as short
Phoenix ADA+0.0195%1h0.2454−0.407%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2466+0.076%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0286%1h0.2461−0.118%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2445−0.776%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2460−0.181%$122K100xas long as short