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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.056%
Price spread now: Reya against SoDEX+0.062%50s7-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 4 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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Reya is 0.062% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ADA-USD0.24620.0100pay 0.0013% / 1h48m 33s$339$13K10x
ShortReya ADARUSDPERP0.24640.0272get 0.0034% / 1h48m 33s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$36.14
Price spread: +0.062% → 0.000%
$6.16
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$28.31
Costs to cover
0.140%
Break-even
1.5 days
Slippage unknown: SoDEX: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample
SoDEX and 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
Kalshi KXADAPERP0.0000%8h0.2461−0.061%$190K$7.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2461−0.065%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.345%$849$202K12xas long as short
Aster ADAUSDT+0.0100%8h0.2464+0.061%$1.2M$1.2M75xas long as short
Pacifica ADA+0.0100%1h0.2463+0.026%$158K$181K10xas long as short
Binance ADAUSDT+0.0100%8h0.2465+0.118%$104.3M$407.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2465+0.102%$73.5M$127.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2465+0.102%$32.8M$119.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2461−0.061%$100.9M$61.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2463+0.020%$59.0M$67.4M300xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ADAUSDTM+0.0100%8h0.2462−0.024%$29.6M$15.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2465+0.102%$66.9M$54.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2462−0.020%$20.3Mas long as short
Variational Omni ADA+0.0100%8h0.2463+0.024%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2458−0.171%$66K$288K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2459−0.146%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2459−0.142%$75K$896K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2463+0.024%$117K$1.4M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2462−0.020%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2462−0.024%$40K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2462−0.011%$8K$754K30xas long as short
SoDEX ADA-USDlong+0.0100%1h0.2462long leg$339$13K10x
HTX ADA-USDT+0.0100%8h0.2463+0.003%$1.3M$7.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2461−0.061%$47.6M$7.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2462−0.025%$506K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0105%8h0.2463+0.009%$21K$25020xas long as short
Coinbase International ADA-PERP-INTX+0.0152%1h0.2453−0.386%$365K$8.5M50xas long as short
Phoenix ADA+0.0163%1h0.2464+0.053%$3K$113K10xas long as short
Backpack ADA_USDC_PERP+0.0191%1h0.2463+0.004%$142K$485K15xas long as short
dYdX ADA-USD+0.0194%1h0.2461−0.063%$202K$2K10xas long as short
Kraken Futures PF_ADAUSD+0.0198%1h0.2462−0.017%$6.4M$14.1M50xas long as short
Lighter ADA+0.0216%1h0.2464+0.073%$2.4M$997K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2463+0.020%$4.5M$5.9M75xas long as short
Reya ADARUSDPERPshort+0.0272%1h0.2464+0.062%$1K15x
Hyperliquid ADA+0.0272%1h0.2464+0.053%$43.3M$18.5M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0370% / S −0.0295%1h0.2461−0.063%$87K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0522%1h0.2463+0.024%$639K$739K50xas long as short