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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.058%
Price spread now: Reya against Paradex−0.001%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 3 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 · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24480.0106pay 0.0106% / 8h4h 45m$21K$25020x
ShortReya ADARUSDPERP0.24470.0279get 0.0035% / 1h45m 24s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$36.23
Price spread: −0.001% → 0.000%
−$0.13
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
$26.1
Costs to cover
0.100%
Break-even
2.0 days
Slippage unknown: Paradex: no order-book sample; Reya: 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 Paradex no order-book sample
Sell Reya no order-book sample
Paradex and Reya: 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%1h0.2446−0.050%$201K$3K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2448+0.020%$159K$6.3M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2446−0.046%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.960%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2444−0.143%$430K$7.7M50xas long as short
Kraken Futures PF_ADAUSD+0.0092%1h0.2448+0.007%$6.3M$12.8M50xas long as short
Lighter ADA+0.0096%1h0.2448+0.012%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2447−0.034%$1.2M$982K75xas long as short
Pacifica ADA+0.0100%1h0.2447−0.032%$159K$162K10xas long as short
Binance ADAUSDT+0.0100%8h0.2448+0.020%$103.5M$372.8M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2446−0.062%$71.3M$111.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2449+0.061%$32.6M$105.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2446−0.062%$97.9M$59.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2448+0.020%$61.0M$60.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2448+0.004%$29.5M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2447−0.021%$65.7M$50.1M75xas long as short
BingX ADA-USDC+0.0100%8h0.2448+0.020%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2448+0.024%$124K$444K15xas long as short
Variational Omni ADA+0.0100%8h0.2446−0.060%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2446−0.072%$65K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2446−0.062%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2444−0.143%$225K$742K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2448+0.008%$93K$686K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2447−0.021%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2447−0.004%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2448+0.021%$9K$740K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2448+0.020%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2449+0.055%$1.3M$6.4M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2447−0.021%$47.7M$6.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2447−0.007%$530K$1.8M50xas long as short
Paradex ADA-USD-PERPlong+0.0106%8h0.2448long leg$21K$25020x
Hyperliquid ADA+0.0115%1h0.2449+0.077%$42.5M$14.9M10xas long as short
Phoenix ADA+0.0195%1h0.2450+0.102%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2446−0.062%$4.5M$5.7M75xas long as short
Reya ADARUSDPERPshort+0.0279%1h0.2447−0.001%$1K15x
Deribit ADA_USDC-PERPETUAL+0.0568%1h0.2448+0.028%$592K$494K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0591% / S −0.0547%1h0.2446−0.051%$132K100xas long as short