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−0.0001%/8h= −0.1% APRpaid last 24h −0.006%
Price spread now: Extended against Paradex+0.217%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.217% dearer against Paradex than usual: you sell high and buy low, +$22 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24530.0105pay 0.0105% / 8h6h 29m$21K$25020x
ShortExtended ADA-USD0.24580.0104get 0.0013% / 1h29m 46s$532K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Paradex. 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
−$0.23
Price spread: +0.217% → 0.000%
$21.69
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$12.46
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Extended: live order book, 4 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 Paradex no order-book sample
Sell Extended live order book, 4 min ago2.04 bp4.5 bp −$57.6 bp −$76doesn't fitdoesn't fit
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 36 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%1h0.2453+0.008%$202K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2455+0.117%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.754%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2451−0.062%$399K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2459+0.248%$42.9M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2458+0.224%$1.2M$969K75xas long as short
Pacifica ADA+0.0100%1h0.2453+0.028%$159K$158K10xas long as short
Binance ADAUSDT+0.0100%8h0.2458+0.224%$102.7M$373.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2458+0.224%$72.2M$108.9M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2458+0.224%$32.6M$108.0M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2457+0.183%$97.9M$59.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458+0.224%$49.5M$51.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2458+0.232%$30.0M$17.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2458+0.224%$65.7M$46.9M75xas long as short
BingX ADA-USDC+0.0100%8h0.2458+0.224%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2459+0.281%$126K$421K15xas long as short
Variational Omni ADA+0.0100%8h0.2452−0.016%$4.2M$991Kas long as short
edgeX ADAUSDC+0.0100%4h0.2453+0.035%$65K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2451−0.072%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2454+0.060%$56K$589K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2456+0.150%$92K$665K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456+0.142%$6K$27K20xas long as short
Derive ADA-PERP+0.0100%1h0.2458+0.204%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2457+0.181%$9K$769K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2457+0.203%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2458+0.233%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2459+0.264%$47.9M$6.4M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2458+0.217%$532K$1.8M50x
Paradex ADA-USD-PERPlong+0.0105%8h0.2453long leg$21K$25020x
Kalshi KXADAPERP+0.0112%8h0.2452−0.021%$148K$6.3M3.2xas long as short
Phoenix ADA+0.0163%1h0.2457+0.191%$4K$87K10xas long as short
Lighter ADA+0.0184%1h0.2459+0.248%$2.4M$1.0M10xas long as short
Reya ADARUSDPERP+0.0281%1h0.2456+0.122%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0353%1h0.2458+0.209%$6.2M$12.1M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0416% / S −0.0202%1h0.2455+0.100%$95K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.1053%1h0.2459+0.277%$503K$471K50xas long as short