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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.025%
Price spread now: BloFin against Reya+0.152%106s7-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 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 pays, funding is against you. BloFin is 0.152% dearer against Reya than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.6 days. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ADARUSDPERP0.24470.0287pay 0.0036% / 1h29m 25s$1K15x
ShortBloFin ADA-USDT0.24510.0220get 0.0220% / 8h2h 29m$4.4M$5.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$13.97
Price spread: +0.152% → 0.000%
$15.16
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$16.82
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago2.04 bp12.1 bp −$1215.1 bp −$15126.6 bp −$2,65851.9 bp −$25.9K
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%1h0.2446−0.038%$201K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2448+0.029%$153K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2447−0.012%$84K150xas long as short
Deribit ADA_USDC-PERPETUAL+0.0036%1h0.2450+0.098%$476K$354K50xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2448+0.029%$408K$7.2M50xas long as short
Lighter ADA+0.0096%1h0.2450+0.090%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2449+0.049%$42.5M$14.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2448+0.013%$1.2M$999K75xas long as short
Pacifica ADA+0.0100%1h0.2448+0.020%$157K$147K10xas long as short
Binance ADAUSDT+0.0100%8h0.2448+0.038%$101.0M$355.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2449+0.070%$70.5M$99.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2448+0.029%$31.8M$105.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2446−0.053%$96.7M$57.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2448+0.029%$52.5M$56.6M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2448+0.025%$30.2M$18.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2449+0.070%$65.6M$42.7M75xas long as short
BingX ADA-USDC+0.0100%8h0.2448+0.029%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2448+0.021%$101K$411K15xas long as short
Variational Omni ADA+0.0100%8h0.2448+0.045%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2448+0.032%$65K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2448+0.029%$288K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2449+0.070%$55K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2448+0.017%$97K$641K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2449+0.070%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2449+0.065%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2449+0.069%$9K$758K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2449+0.049%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2449+0.065%$1.3M$4.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2447−0.012%$47.8M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2448+0.039%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2448+0.038%$554K$1.8M50xas long as short
Phoenix ADA+0.0195%1h0.2449+0.086%$4K$82K10xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2451+0.152%$4.4M$5.4M75x
Reya ADARUSDPERPlong+0.0287%1h0.2447long leg$1K15x
Kraken Futures PF_ADAUSD+0.0337%1h0.2449+0.063%$6.1M$11.4M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0437% / S −0.0207%1h0.2447−0.008%$96K100xas long as short
Injective ADA/USDC PERP+0.0533%1h0.2440−0.298%$838$131K12xas long as short