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 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against SunX−0.454%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 4 days (all we have)+0.361%+$36 · spread now −0.454%, 7d avg −0.065%
Together, before fees+0.256%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.389% cheaper against SunX than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ADA-USDT0.24570.0100pay 0.0100% / 8h2h 40m$8K$748K30x
ShortExtended ADA-USD0.24460.0104get 0.0013% / 1h40m 40s$531K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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
$0.84
Price spread: −0.454% → −0.065%
−$38.94
Slippage, 4 orders
−$48.09
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$99.19
Costs to cover
0.611%
Break-even
833.6 days
Slippage from SunX: live order book, 31 min ago; Extended: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 31 min ago20.79 bp24.8 bp −$2531.6 bp −$316doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago2.03 bp4.5 bp −$59.8 bp −$98doesn't fitdoesn't fit

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%1h0.2447−0.387%$201K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2458+0.041%$160K$7.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2456−0.026%$84K150xas long as short
Kraken Futures PF_ADAUSD+0.0020%1h0.2456−0.032%$6.3M$13.3M50xas long as short
Phoenix ADA+0.0032%1h0.2470+0.525%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.570%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2449−0.309%$2.4M$987K10xas long as short
Hyperliquid ADA+0.0100%1h0.2452−0.212%$43.6M$16.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2446−0.448%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2448−0.360%$157K$170K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2445−0.508%$103.1M$394.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2444−0.529%$71.6M$118.9M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2445−0.488%$32.6M$112.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2446−0.448%$99.1M$62.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2447−0.407%$58.5M$63.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2450−0.301%$29.4M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2446−0.448%$66.5M$52.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.2446−0.448%$19.9Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2453−0.159%$124K$459K15xas long as short
Variational Omni ADA+0.0100%8h0.2456−0.037%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465+0.310%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2471+0.570%$289K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2465+0.326%$229K$760K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2458+0.045%$94K$635K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456−0.041%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2457+0.004%$40K$2K5xas long as short
SunX ADA-USDTlong+0.0100%8h0.2457long leg$8K$748K30x
SoDEX ADA-USD+0.0100%1h0.2457−0.020%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2455−0.081%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2455−0.081%$47.8M$7.0M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2449−0.326%$21K$25020xas long as short
Extended ADA-USDshort+0.0104%1h0.2446−0.454%$531K$1.8M50x
Coinbase International ADA-PERP-INTX+0.0104%1h0.2467+0.407%$395K$8.3M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0198%1h0.2458+0.024%$604K$542K50xas long as short
BloFin ADA-USDT+0.0220%8h0.2459+0.081%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2458+0.022%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0623% / S −0.0585%1h0.2456−0.037%$139K100xas long as short