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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Variational Omni+0.175%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 fees+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.175% dearer against Variational Omni than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ADA0.24750.0100pay 0.0100% / 8h4h 28m$4.3M$1.1M
ShortParadex ADA-USD-PERP0.24790.0109get 0.0109% / 8h4h 28m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$1.92
Price spread: +0.175% → 0.000%
$17.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
$15.46
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Paradex: 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 Variational Omni RFQ quote, 1 min ago8.06 bpdoesn't fit12.1 bp −$121doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.2478+0.121%$204K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2483+0.321%$150K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2481+0.258%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.164%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2481+0.240%$429K$7.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0091%1h0.2482+0.289%$6.3M$12.8M50xas long as short
Lighter ADA+0.0096%1h0.2479+0.171%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2478+0.119%$1.2M$985K75xas long as short
Pacifica ADA+0.0100%1h0.2479+0.143%$161K$160K10xas long as short
Binance ADAUSDT+0.0100%8h0.2479+0.148%$105.1M$369.9M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2477+0.078%$72.2M$108.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2479+0.159%$33.1M$105.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2477+0.078%$99.0M$59.4M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2479+0.159%$60.6M$60.4M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2479+0.147%$30.0M$15.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2478+0.119%$66.6M$49.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2477+0.078%$20.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2479+0.167%$126K$442K15xas long as short
Variational Omni ADAlong+0.0100%8h0.2475long leg$4.3M$1.1M
edgeX ADAUSDC+0.0100%4h0.2477+0.059%$66K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2476+0.047%$295K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.366%$227K$743K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2479+0.147%$95K$688K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2483+0.321%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2483+0.328%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2484+0.361%$9K$731K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2482+0.300%$341$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2482+0.299%$1.3M$6.4M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2481+0.240%$48.4M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2478+0.113%$536K$1.8M50xas long as short
Paradex ADA-USD-PERPshort+0.0109%8h0.2479+0.175%$21K$25020x
Hyperliquid ADA+0.0190%1h0.2479+0.155%$43.0M$14.8M10xas long as short
Phoenix ADA+0.0195%1h0.2482+0.260%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2485+0.401%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0278%1h0.2479+0.159%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0596%1h0.2484+0.353%$603K$489K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0597% / S −0.0547%1h0.2481+0.244%$134K100xas long as short