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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Polymarket Perps−0.149%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.149%, 7d avg −0.012%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.137% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ADA-USD0.24790.0100pay 0.0013% / 1h27m 54s$95K$688K10x
ShortMEXC ADA_USDT0.24750.0100get 0.0100% / 8h4h 27m$60.4M$60.4M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: −0.149% → −0.012%
−$13.74
Slippage, 4 orders
−$12.61
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$34.35
Costs to cover
0.206%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 30 min ago; MEXC: live order book, 1 min ago.

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, 30 min ago4.29 bp8.3 bp −$89.7 bp −$97doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.02 bp2.0 bp −$22.9 bp −$2914.2 bp −$1,41753.3 bp −$26.6K

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%1h0.2478−0.025%$204K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2475−0.149%$149K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2473−0.214%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.311%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2477−0.069%$428K$7.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0092%1h0.2473−0.227%$6.3M$12.8M50xas long as short
Lighter ADA+0.0096%1h0.2475−0.129%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2475−0.149%$1.2M$985K75xas long as short
Pacifica ADA+0.0100%1h0.2479−0.004%$161K$160K10xas long as short
Binance ADAUSDT+0.0100%8h0.2476−0.115%$105.0M$370.3M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2474−0.190%$72.1M$108.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2475−0.149%$33.0M$105.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2474−0.190%$98.8M$59.4M75xas long as short
MEXC ADA_USDTshort+0.0100%8h0.2475−0.149%$60.4M$60.4M300x
KuCoin ADAUSDTM+0.0100%8h0.2474−0.182%$29.9M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2475−0.149%$66.5M$49.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2475−0.149%$20.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2474−0.194%$125K$442K15xas long as short
Variational Omni ADA+0.0100%8h0.2475−0.147%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2477−0.088%$66K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2476−0.100%$295K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.512%$227K$743K50xas long as short
Polymarket Perps ADA-USDlong+0.0100%1h0.2479long leg$95K$688K10x
Orderly PERP_ADA_USDC+0.0100%8h0.2474−0.190%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2474−0.200%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2479+0.013%$8K$730K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2473−0.210%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2478−0.026%$1.3M$6.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2473−0.230%$48.2M$6.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2475−0.154%$536K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2479+0.029%$21K$25020xas long as short
Hyperliquid ADA+0.0191%1h0.2477−0.075%$43.0M$14.8M10xas long as short
Phoenix ADA+0.0195%1h0.2482+0.113%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2485+0.254%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0278%1h0.2479+0.012%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0478%1h0.2474−0.173%$600K$488K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0596% / S −0.0547%1h0.2473−0.211%$133K100xas long as short