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−0.0178%/8h= −19.5% APRpaid last 24h −0.058%
Price spread now: Binance against Reya−0.010%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 airdropReya: 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
LongReya ADARUSDPERP0.24750.0278pay 0.0035% / 1h3m 00s$1K15x
ShortBinance ADAUSDT0.24750.0100get 0.0100% / 8h4h 03m$104.8M$370.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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
−$37.35
Price spread: −0.010% → 0.000%
−$1
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$54.35
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 11 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 Reya no order-book sample
Sell Binance live order book, 11 min ago2.02 bp7.0 bp −$712.2 bp −$12230.2 bp −$3,01685.6 bp −$42.8K
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%1h0.2469−0.227%$203K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2471−0.162%$167K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2473−0.068%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.162%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2473−0.081%$419K$7.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0091%1h0.2474−0.058%$6.3M$12.5M50xas long as short
Lighter ADA+0.0096%1h0.2476+0.028%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2474−0.021%$1.2M$989K75xas long as short
Pacifica ADA+0.0100%1h0.2472−0.133%$161K$160K10xas long as short
Binance ADAUSDTshort+0.0100%8h0.2475−0.010%$104.8M$370.4M75x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2473−0.081%$72.2M$108.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2475−0.001%$33.1M$105.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2473−0.081%$98.9M$59.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2474−0.041%$61.7M$61.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2474−0.033%$29.9M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2474−0.041%$66.6M$49.2M75xas long as short
BingX ADA-USDT+0.0100%8h0.2473−0.081%$20.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2475−0.009%$131K$445K15xas long as short
Variational Omni ADA+0.0100%8h0.2465−0.402%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465−0.386%$65K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2468−0.283%$298K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2465−0.405%$227K$748K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2475−0.005%$95K$690K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2473−0.081%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2475−0.004%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2471−0.165%$9K$729K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2475−0.021%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2475−0.007%$1.3M$6.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2474−0.041%$48.3M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2474−0.049%$536K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2473−0.081%$21K$25020xas long as short
Phoenix ADA+0.0195%1h0.2472−0.130%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2474−0.041%$4.6M$5.8M75xas long as short
Hyperliquid ADA+0.0238%1h0.2477+0.060%$43.7M$15.2M10xas long as short
Reya ADARUSDPERPlong+0.0278%1h0.2475long leg$1K15x
GMX ADA/USD [WBTC.b-USDC]L +0.0595% / S −0.0547%1h0.2473−0.081%$133K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0680%1h0.2475+0.016%$600K$488K50xas long as short