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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Paradex−0.076%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 airdropParadex: 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: Gate is 0.076% cheaper against Paradex than usual: you would sell low and buy high, −$8 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-PERP0.24520.0100pay 0.0100% / 8h32m 17s$21K$25020x
ShortGate ADA_USDT0.24500.0100get 0.0100% / 8h32m 17s$97.3M$59.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$0.04
Price spread: −0.076% → 0.000%
−$7.55
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$26.59
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago2.04 bp13.5 bp −$1416.9 bp −$16973.8 bp −$7,383doesn'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 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%1h0.2452−0.008%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2451−0.035%$175K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2451−0.049%$84K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2450−0.076%$404K$7.3M50xas long as short
Lighter ADA+0.0096%1h0.2452+0.002%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2452−0.010%$42.5M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2452−0.001%$1.2M$925K75xas long as short
Pacifica ADA+0.0100%1h0.2452+0.022%$158K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2451−0.035%$101.9M$362.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2450−0.076%$71.4M$102.6M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2450−0.076%$32.3M$106.8M50xas long as short
Gate ADA_USDTshort+0.0100%8h0.2450−0.076%$97.3M$59.6M75x
MEXC ADA_USDT+0.0100%8h0.2450−0.076%$52.8M$50.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2451−0.023%$30.1M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2449−0.116%$65.7M$43.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2450−0.076%$18.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2451−0.031%$110K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2454+0.096%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2456+0.186%$65K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2457+0.196%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2453+0.047%$55K$582K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2451−0.047%$95K$627K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2450−0.076%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2452−0.012%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2451−0.036%$9K$763K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2450−0.055%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2451−0.021%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2450−0.076%$47.9M$5.9M50xas long as short
Paradex ADA-USD-PERPlong+0.0100%8h0.2452long leg$21K$25020x
Extended ADA-USD+0.0104%1h0.2450−0.072%$554K$1.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0113%1h0.2451−0.054%$6.2M$11.6M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0117%1h0.2452+0.006%$493K$430K50xas long as short
Phoenix ADA+0.0130%1h0.2452+0.022%$4K$78K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2456+0.169%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471+0.781%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.2450−0.071%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0565% / S −0.0313%1h0.2451−0.035%$122K100xas long as short