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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Paradex−0.013%51s7-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 · GRVT: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24690.0101pay 0.0101% / 8h3h 12m$21K$25020x
ShortGRVT ADA_USDT_Perp0.24690.0100get 0.0100% / 8h3h 12m$290K$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.013% → 0.000%
−$1.28
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$14.51
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; GRVT: 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 GRVT live order book, 2 min ago2.02 bp10.2 bp −$1022.6 bp −$226doesn'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 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%1h0.2470+0.017%$203K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2470+0.028%$137K$6.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2468−0.040%$84K150xas long as short
Kraken Futures PF_ADAUSD+0.0026%1h0.2469−0.009%$6.3M$13.1M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.068%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2468−0.053%$397K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2471+0.076%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2471+0.052%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2470+0.026%$158K$170K10xas long as short
Binance ADAUSDT+0.0100%8h0.2471+0.066%$104.5M$390.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2470+0.028%$74.2M$115.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2471+0.068%$33.0M$111.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2469−0.013%$100.4M$62.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2469−0.013%$59.6M$62.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2468−0.049%$29.7M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2470+0.028%$67.2M$51.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2469−0.013%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2463−0.253%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2468−0.051%$66K$286K20xas long as short
GRVT ADA_USDT_Perpshort+0.0100%8h0.2469−0.013%$290K$4.0M10x
ApeX Omni ADAUSDT+0.0100%1h0.2472+0.109%$228K$756K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2468−0.049%$92K$630K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2468−0.053%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2470+0.026%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2470+0.024%$8K$746K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2469+0.003%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2467−0.095%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2470+0.028%$48.1M$7.0M50xas long as short
Paradex ADA-USD-PERPlong+0.0101%8h0.2469long leg$21K$25020x
Extended ADA-USD+0.0104%1h0.2468−0.041%$534K$1.8M50xas long as short
Backpack ADA_USDC_PERP+0.0150%1h0.2470+0.028%$124K$471K15xas long as short
Phoenix ADA+0.0161%1h0.2468−0.049%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2469−0.013%$4.6M$5.8M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2467−0.114%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0277%1h0.2470+0.020%$607K$533K50xas long as short
Hyperliquid ADA+0.0303%1h0.2472+0.097%$44.0M$16.3M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0623% / S −0.0585%1h0.2469−0.027%$140K100xas long as short