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% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Paradex+0.077%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.077% dearer against Paradex than usual: you sell high and buy low, +$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-PERP0.24630.0100pay 0.0100% / 8h56m 44s$21K$25020x
ShortPolymarket Perps ADA-USD0.24650.0100get 0.0013% / 1h56m 44s$96K$626K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.077% → 0.000%
$7.73
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$4.31
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 21 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 Polymarket Perps live order book, 21 min ago0.20 bp6.6 bp −$79.0 bp −$90doesn'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%1h0.2465+0.070%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2465+0.085%$155K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464+0.028%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2464+0.045%$414K$7.4M50xas long as short
Lighter ADA+0.0096%1h0.2467+0.171%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2466+0.134%$42.7M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2466+0.111%$1.2M$925K75xas long as short
Pacifica ADA+0.0100%1h0.2466+0.111%$158K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2466+0.107%$102.4M$360.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2465+0.085%$71.8M$102.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2467+0.167%$32.1M$106.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2464+0.045%$97.4M$59.0M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2464+0.045%$52.4M$50.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2465+0.073%$30.2M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2466+0.126%$66.1M$43.4M75xas long as short
BingX ADA-USDT+0.0100%8h0.2466+0.126%$18.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2465+0.089%$109K$418K15xas long as short
Variational Omni ADA+0.0100%8h0.2459−0.151%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2462−0.034%$66K$279K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2459−0.138%$288K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2461−0.077%$55K$582K50xas long as short
Polymarket Perps ADA-USDshort+0.0100%1h0.2465+0.077%$96K$626K10x
Orderly PERP_ADA_USDC+0.0100%8h0.2464+0.045%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2465+0.080%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2465+0.085%$9K$761K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2464+0.061%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2465+0.074%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2464+0.045%$48.1M$5.9M50xas long as short
Paradex ADA-USD-PERPlong+0.0100%8h0.2463long leg$21K$25020x
Extended ADA-USD+0.0104%1h0.2464+0.046%$557K$1.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0113%1h0.2465+0.082%$6.2M$11.6M50xas long as short
Phoenix ADA+0.0131%1h0.2465+0.069%$4K$78K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2466+0.126%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471+0.329%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.2465+0.067%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0318%1h0.2465+0.098%$485K$399K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0567% / S −0.0313%1h0.2464+0.033%$122K100xas long as short