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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Variational Omni−0.099%7-day average +0.004% · you buy dearer than you sell
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)+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.099%, 7d avg +0.004%
Together, before fees+0.224%+ Points / potential airdropVariational Omni: Active · farm board+$22 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: Polymarket Perps is 0.104% cheaper against Variational Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ADA0.24600.0100pay 0.0100% / 8h1h 08m$4.2M$1.1M
ShortPolymarket Perps ADA-USD0.24580.0100get 0.0013% / 1h8m 08s$128K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0
Price spread: −0.099% → +0.004%
−$10.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$18.36
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Polymarket Perps: 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 Variational Omni RFQ quote, 1 min ago8.13 bpdoesn't fit12.2 bp −$122doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago3.46 bp7.5 bp −$77.9 bp −$79doesn't fitdoesn't fit

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
Kalshi KXADAPERP0.0000%8h0.2458−0.083%$164K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2457−0.110%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.445%$849$202K12xas long as short
dYdX ADA-USD+0.0034%1h0.2456−0.147%$202K$2K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2458−0.083%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2458−0.063%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2458−0.073%$157K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2460−0.020%$103.6M$407.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2458−0.083%$73.1M$124.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2459−0.042%$32.8M$118.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2457−0.124%$100.6M$65.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458−0.083%$51.8M$65.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2458−0.083%$29.4M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2458−0.083%$66.9M$53.4M75xas long as short
BingX ADA-USDT+0.0100%8h0.2458−0.083%$20.2Mas long as short
Variational Omni ADAlong+0.0100%8h0.2460long leg$4.2M$1.1M
edgeX ADAUSDC+0.0100%4h0.2462+0.083%$66K$286K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2461+0.036%$294K$3.9M10xas long as short
Polymarket Perps ADA-USDshort+0.0100%1h0.2458−0.099%$128K$1.3M10x
SunX ADA-USDT+0.0100%8h0.2459−0.042%$8K$757K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2459−0.042%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2460−0.019%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2458−0.083%$47.6M$7.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2458−0.070%$516K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0106%8h0.2459−0.063%$21K$25020xas long as short
ApeX Omni ADAUSDT+0.0120%1h0.2461+0.039%$79K$893K50xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2457−0.124%$367K$8.5M50xas long as short
Lighter ADA+0.0128%1h0.2460+0.006%$2.4M$1.0M10xas long as short
Backpack ADA_USDC_PERP+0.0159%1h0.2459−0.042%$136K$484K15xas long as short
Phoenix ADA+0.0163%1h0.2464+0.140%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0169%1h0.2459−0.049%$6.3M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2463+0.120%$4.5M$5.9M75xas long as short
Reya ADARUSDPERP+0.0274%1h0.2458−0.063%$1K15xas long as short
Hyperliquid ADA+0.0302%1h0.2460+0.019%$43.2M$18.1M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0564%1h0.2460−0.006%$628K$617K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0603% / S −0.0679%1h0.2458−0.088%$156K100xas long as short