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

ADA

all ADA markets
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 0.000%
Price spread now: SunX against Paradex+0.183%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: SunX is 0.183% dearer against Paradex than usual: you sell high and buy low, +$18 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-PERP0.24600.0100pay 0.0100% / 8h1h 34m$21K$25020x
ShortSunX ADA-USDT0.24640.0100get 0.0100% / 8h1h 34m$9K$757K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$0.07
Price spread: +0.183% → 0.000%
$18.28
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
$6.21
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 37 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 SunX live order book, 37 min ago20.81 bp27.2 bp −$2734.5 bp −$345doesn'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%1h0.2460+0.020%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2463+0.141%$159K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464+0.166%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2460+0.019%$415K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2462+0.121%$6.2M$11.5M50xas long as short
Lighter ADA+0.0096%1h0.2462+0.097%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2461+0.060%$42.6M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2461+0.045%$1.2M$920K75xas long as short
Pacifica ADA+0.0100%1h0.2460+0.033%$157K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2460+0.019%$102.0M$357.1M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2459−0.021%$71.5M$100.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2459−0.021%$31.9M$105.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2458−0.062%$97.1M$58.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2459−0.021%$53.7M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2460+0.036%$30.4M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2459−0.021%$65.8M$43.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.2460+0.019%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463+0.145%$103K$418K15xas long as short
Variational Omni ADA+0.0100%8h0.2463+0.150%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2468+0.364%$66K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2467+0.305%$298K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2474+0.589%$56K$580K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2464+0.182%$97K$623K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464+0.182%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2464+0.202%$40K$3K5xas long as short
SunX ADA-USDTshort+0.0100%8h0.2464+0.183%$9K$757K30x
SoDEX ADA-USD+0.0100%1h0.2464+0.162%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2464+0.189%$1.3M$5.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2463+0.141%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERPlong+0.0100%8h0.2460long leg$21K$25020x
Extended ADA-USD+0.0104%1h0.2458−0.058%$556K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2464+0.182%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2463+0.141%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0278%1h0.2465+0.235%$479K$351K50xas long as short
Reya ADARUSDPERP+0.0285%1h0.2465+0.228%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2471+0.467%$849$202K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0567% / S −0.0313%1h0.2463+0.158%$122K100xas long as short