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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Polymarket Perps−0.027%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.027% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ADA-USD0.24440.0100pay 0.0013% / 1h59m 24s$126K$1.1M10x
ShortgTrade (Gains Network) ADA/USD0.2443L +0.0005% / S −0.0003%get 0.0000% / 1h59m 24s$84K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Polymarket Perps. 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
−$20.35
Price spread: −0.027% → 0.000%
−$2.7
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$41.05
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; gTrade (Gains Network): 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 Polymarket Perps live order book, 4 min ago1.43 bp6.4 bp −$69.5 bp −$95doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%8h0.2446+0.086%$187K$7.6M3.2xas long as short
dYdX ADA-USD+0.0001%1h0.2444−0.016%$201K$2K10xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2443−0.027%$84K150x
Kraken Futures PF_ADAUSD+0.0020%1h0.2445+0.055%$6.3M$13.8M50xas long as short
Phoenix ADA+0.0032%1h0.2450+0.246%$4K$104K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.109%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2447+0.135%$2.4M$1.0M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2445+0.045%$6K$6K20xas long as short
Aster ADAUSDT+0.0100%8h0.2446+0.086%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2446+0.090%$157K$178K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2445+0.045%$102.9M$410.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2445+0.045%$72.2M$124.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2445+0.045%$32.5M$118.3M50xas long as short
Gate ADA_USDT+0.0100%8h0.2443−0.037%$99.8M$63.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2445+0.045%$52.0M$64.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2445+0.033%$29.3M$15.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2444+0.004%$66.4M$53.5M75xas long as short
BingX ADA-USDT+0.0100%8h0.2445+0.045%$20.3Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2445+0.033%$137K$485K15xas long as short
Variational Omni ADA+0.0100%8h0.2448+0.170%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2449+0.199%$65K$287K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2448+0.169%$288K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2450+0.250%$82K$889K50xas long as short
Polymarket Perps ADA-USDlong+0.0100%1h0.2444long leg$126K$1.1M10x
Derive ADA-PERP+0.0100%1h0.2446+0.066%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2448+0.164%$8K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2445+0.065%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2446+0.094%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2446+0.086%$47.5M$7.4M50xas long as short
Extended ADA-USD+0.0104%1h0.2445+0.036%$524K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2448+0.168%$379K$8.6M50xas long as short
Paradex ADA-USD-PERP+0.0104%8h0.2447+0.119%$21K$25020xas long as short
BloFin ADA-USDT+0.0220%8h0.2450+0.250%$4.4M$5.9M75xas long as short
Hyperliquid ADA+0.0259%1h0.2447+0.122%$43.0M$18.2M10xas long as short
Reya ADARUSDPERP+0.0275%1h0.2444+0.004%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0568%1h0.2447+0.119%$623K$613K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.24440.000%$164K100xas long as short