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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Gate against SoDEX−0.020%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ADA-USD0.25060.0100pay 0.0013% / 1h31m 19s$345$13K10x
ShortGate ADA_USDT0.25060.0100get 0.0100% / 8h3h 31m$102.5M$60.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.020% → 0.000%
−$1.99
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.99
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago2.00 bp13.2 bp −$1317.9 bp −$17989.4 bp −$8,936doesn't fit
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%1h0.2501−0.230%$206K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2502−0.180%$152K$6.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2505−0.049%$86K150xas long as short
Kraken Futures PF_ADAUSD+0.0025%1h0.2506−0.012%$6.4M$13.0M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.416%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2506−0.020%$388K$8.3M50xas long as short
Lighter ADA+0.0096%1h0.2504−0.100%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2506−0.027%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2502−0.176%$161K$170K10xas long as short
Binance ADAUSDT+0.0100%8h0.2508+0.057%$107.0M$383.1M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2506−0.020%$75.2M$112.9M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2507+0.020%$33.6M$111.2M50xas long as short
Gate ADA_USDTshort+0.0100%8h0.2506−0.020%$102.5M$60.9M75x
MEXC ADA_USDT+0.0100%8h0.2506−0.020%$61.2M$61.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2506−0.028%$30.1M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2506−0.020%$68.2M$51.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2507+0.020%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2508+0.062%$4.4M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2501−0.220%$67K$286K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2501−0.234%$302K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2500−0.259%$230K$753K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2507+0.012%$96K$617K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2506−0.020%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2507+0.016%$41K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2508+0.058%$9K$738K30xas long as short
SoDEX ADA-USDlong+0.0100%1h0.2506long leg$345$13K10x
HTX ADA-USDT+0.0100%8h0.2502−0.186%$1.4M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2505−0.060%$48.8M$6.9M50xas long as short
Extended ADA-USD+0.0104%1h0.2506−0.009%$542K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0113%8h0.2500−0.240%$21K$25020xas long as short
Phoenix ADA+0.0161%1h0.2502−0.195%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2501−0.219%$4.6M$5.9M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2506−0.001%$1K15xas long as short
Backpack ADA_USDC_PERP+0.0311%1h0.2500−0.247%$139K$461K15xas long as short
Hyperliquid ADA+0.0476%1h0.2509+0.084%$44.9M$16.0M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0617% / S −0.0569%1h0.2505−0.057%$139K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0708%1h0.2508+0.072%$622K$523K50xas long as short