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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against SoDEX−0.061%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.061% cheaper against SoDEX than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ADA-USD0.24450.0100pay 0.0013% / 1h39m 57s$336$13K10x
ShortBitget ADAUSDT0.24440.0100get 0.0100% / 8h2h 39m$66.4M$52.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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: −0.061% → 0.000%
−$6.13
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$26.13
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Bitget: 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 SoDEX no order-book sample
Sell Bitget live order book, 4 min ago2.03 bp8.0 bp −$812.3 bp −$12324.7 bp −$2,46792.6 bp −$46.3K
SoDEX: 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%1h0.2447+0.081%$201K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2448+0.102%$157K$7.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2446+0.040%$84K150xas long as short
Kraken Futures PF_ADAUSD+0.0020%1h0.2445−0.004%$6.3M$13.3M50xas long as short
Phoenix ADA+0.0032%1h0.2470+0.998%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.043%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2447+0.070%$2.4M$989K10xas long as short
Hyperliquid ADA+0.0100%1h0.2447+0.053%$42.3M$17.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2445−0.017%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2448+0.108%$157K$170K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2445−0.035%$103.1M$395.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2442−0.143%$71.4M$119.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2443−0.102%$32.7M$112.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2443−0.102%$99.0M$62.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2444−0.061%$58.2M$63.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2445−0.041%$29.4M$15.4M75xas long as short
Bitget ADAUSDTshort+0.0100%8h0.2444−0.061%$66.4M$52.1M75x
BingX ADA-USDC+0.0100%8h0.2444−0.061%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2446+0.029%$117K$469K15xas long as short
Variational Omni ADA+0.0100%8h0.2456+0.433%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465+0.782%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2471+1.043%$289K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2465+0.797%$229K$760K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2444−0.049%$127K$705K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2446+0.020%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2446+0.023%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2446+0.020%$8K$748K30xas long as short
SoDEX ADA-USDlong+0.0100%1h0.2445long leg$336$13K10x
HTX ADA-USDT+0.0100%8h0.2444−0.074%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2445−0.020%$47.6M$7.0M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2449+0.143%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2444−0.066%$531K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2442−0.143%$383K$8.2M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0200%1h0.2447+0.053%$602K$548K50xas long as short
BloFin ADA-USDT+0.0220%8h0.2459+0.552%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2445−0.039%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0621% / S −0.0585%1h0.2445−0.017%$139K100xas long as short