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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h 0.000%
Price spread now: SoDEX against Paradex−0.007%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 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24400.0106pay 0.0106% / 8h1h 33m$20K$25020x
ShortSoDEX ADA-USD0.24400.0100get 0.0013% / 1h33m 19s$336$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$1.22
Price spread: −0.007% → 0.000%
−$0.7
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$13.92
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Paradex and SoDEX: 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
Kalshi KXADAPERP0.0000%8h0.2436−0.175%$200K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2433−0.279%$83K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.259%$849$202K12xas long as short
dYdX ADA-USD+0.0066%1h0.2435−0.216%$200K$2K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2439−0.052%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2439−0.054%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2438−0.087%$156K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2441+0.030%$102.7M$409.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2439−0.052%$72.2M$124.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2439−0.052%$32.5M$117.8M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2439−0.052%$99.8M$64.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2440−0.011%$52.7M$64.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2439−0.036%$29.5M$15.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2440−0.011%$66.3M$53.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2437−0.134%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2435−0.213%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2440−0.029%$65K$287K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2439−0.049%$291K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2441+0.030%$81K$891K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2439−0.068%$129K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2436−0.163%$39K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2441+0.030%$8K$762K30xas long as short
SoDEX ADA-USDshort+0.0100%1h0.2440−0.007%$336$13K10x
HTX ADA-USDT+0.0100%8h0.2439−0.051%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2440−0.011%$47.3M$7.4M50xas long as short
Extended ADA-USD+0.0104%1h0.2439−0.056%$512K$1.8M50xas long as short
Paradex ADA-USD-PERPlong+0.0106%8h0.2440long leg$20K$25020x
Lighter ADA+0.0112%1h0.2439−0.036%$2.4M$1.0M10xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2439−0.052%$381K$8.5M50xas long as short
Backpack ADA_USDC_PERP+0.0138%1h0.2437−0.150%$138K$483K15xas long as short
Phoenix ADA+0.0163%1h0.2440+0.009%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0171%1h0.2440+0.006%$6.3M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2439−0.052%$4.4M$5.8M75xas long as short
Hyperliquid ADA+0.0265%1h0.2441+0.046%$42.9M$18.1M10xas long as short
Reya ADARUSDPERP+0.0274%1h0.2439−0.051%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0529%1h0.2441+0.018%$624K$617K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.2435−0.218%$163K100xas long as short