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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Variational Omni+0.599%7-day average +0.056% · 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)+0.108%+$11 on $10k
Price spread, last 3 days (all we have)−0.339%−$34 · spread now +0.599%, 7d avg +0.056%
Together, before fees−0.231%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.543% dearer against Variational Omni than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ADA0.24580.0100pay 0.0100% / 8h1h 40m$4.2M$1.0M
ShortBloFin ADA-USDT0.24730.0220get 0.0220% / 8h1h 40m$4.4M$5.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$25.2
Price spread: +0.599% → +0.056%
$54.29
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$67.49
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BloFin: 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 Variational Omni RFQ quote, 4 min ago6.08 bpdoesn't fit10.1 bp −$101doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago4.06 bp10.1 bp −$1010.1 bp −$10116.8 bp −$1,67745.7 bp −$22.8K

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%1h0.2471+0.535%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2472+0.559%$160K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2471+0.500%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2471+0.518%$422K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0094%1h0.2471+0.516%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2473+0.620%$2.5M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2473+0.603%$42.8M$14.6M10xas long as short
Aster ADAUSDT+0.0100%8h0.2473+0.599%$1.2M$919K75xas long as short
Pacifica ADA+0.0100%1h0.2472+0.571%$158K$147K10xas long as short
Binance ADAUSDT+0.0100%8h0.2472+0.559%$102.6M$355.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2471+0.518%$71.7M$100.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2473+0.599%$32.1M$105.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2470+0.477%$97.5M$57.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2471+0.518%$53.4M$50.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2472+0.546%$30.5M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2472+0.559%$66.2M$42.9M75xas long as short
BingX ADA-USDT+0.0100%8h0.2472+0.559%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2472+0.542%$103K$418K15xas long as short
Variational Omni ADAlong+0.0100%8h0.2458long leg$4.2M$1.0M
edgeX ADAUSDC+0.0100%4h0.2466+0.330%$66K$279K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2462+0.169%$297K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2464+0.233%$56K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2472+0.546%$97K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2469+0.437%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2471+0.503%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2475+0.680%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2471+0.522%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2471+0.511%$1.3M$5.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2470+0.477%$48.2M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2472+0.578%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2472+0.539%$559K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2463+0.184%$4K$74K10xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2473+0.599%$4.4M$5.5M75x
Reya ADARUSDPERP+0.0285%1h0.2473+0.602%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2445−0.540%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0567% / S −0.0313%1h0.2470+0.472%$123K100xas long as short
Deribit ADA_USDC-PERPETUAL+2.1695%1h0.2524+2.674%$490K$349K50xas long as short