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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against SoDEX+0.021%7-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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.021% dearer against SoDEX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ADA-USD0.24640.0100pay 0.0013% / 1h3m 37s$339$13K10x
ShortHTX ADA-USDT0.24640.0100get 0.0100% / 8h6h 03m$1.3M$5.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.021% → 0.000%
$2.07
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$17.93
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago1.94 bp9.3 bp −$918.9 bp −$18946.6 bp −$4,658doesn'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 36 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%1h0.2461−0.121%$202K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464+0.027%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.304%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2463−0.020%$403K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2467+0.158%$43.0M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2465+0.080%$1.2M$983K75xas long as short
Pacifica ADA+0.0100%1h0.2463−0.024%$158K$159K10xas long as short
Binance ADAUSDT+0.0100%8h0.2462−0.052%$103.3M$368.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2461−0.101%$72.5M$107.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2460−0.142%$32.8M$106.3M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2461−0.101%$98.8M$60.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2461−0.101%$56.6M$54.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2462−0.073%$30.0M$17.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2461−0.101%$65.9M$47.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2462−0.061%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2465+0.069%$128K$410K15xas long as short
Variational Omni ADA+0.0100%8h0.2459−0.180%$4.2M$992Kas long as short
edgeX ADAUSDC+0.0100%4h0.2455−0.352%$65K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2458−0.227%$287K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.345%$56K$590K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2466+0.118%$94K$670K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2463−0.020%$6K$16K20xas long as short
Derive ADA-PERP+0.0100%1h0.2464+0.034%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2467+0.137%$8K$756K30xas long as short
SoDEX ADA-USDlong+0.0100%1h0.2464long leg$339$13K10x
HTX ADA-USDTshort+0.0100%8h0.2464+0.021%$1.3M$5.9M75x
Phemex ADAUSDT+0.0100%8h0.2463−0.020%$47.9M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2461−0.085%$534K$1.8M50xas long as short
Kalshi KXADAPERP+0.0106%8h0.2460−0.142%$148K$6.2M3.2xas long as short
Paradex ADA-USD-PERP+0.0108%8h0.2463−0.015%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2449−0.609%$4K$87K10xas long as short
Lighter ADA+0.0208%1h0.2465+0.053%$2.5M$1.0M10xas long as short
Reya ADARUSDPERP+0.0281%1h0.2465+0.081%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0353%1h0.2463−0.030%$6.3M$12.1M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0359%1h0.2464+0.037%$504K$470K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0417% / S −0.0202%1h0.2463−0.003%$96K100xas long as short