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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against ApeX Omni−0.181%113s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.181% cheaper against ApeX Omni than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ADAUSDT0.24420.0100pay 0.0013% / 1h29m 17s$80K$891K50x
ShortgTrade (Gains Network) ADA/USD0.2438L +0.0005% / S −0.0003%get 0.0000% / 1h29m 17s$83K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX 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
−$20.35
Price spread: −0.181% → 0.000%
−$18.1
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$58.45
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 15 min ago; gTrade (Gains Network): 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 ApeX Omni live order book, 15 min ago2.05 bp10.5 bp −$1143.6 bp −$436doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%8h0.2438−0.164%$200K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2438−0.181%$83K150x
Injective ADA/USDC PERP+0.0033%1h0.2471+1.188%$849$202K12xas long as short
dYdX ADA-USD+0.0059%1h0.2437−0.201%$200K$2K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2440−0.082%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2441−0.028%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2442−0.020%$156K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2441−0.041%$102.7M$408.6M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2440−0.082%$72.4M$124.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2440−0.082%$32.5M$117.5M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2440−0.082%$99.7M$64.4M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2440−0.082%$52.9M$64.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2443+0.029%$29.5M$15.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2439−0.123%$66.3M$53.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2440−0.082%$20.3Mas long as short
Variational Omni ADA+0.0100%8h0.2438−0.161%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2439−0.110%$65K$288K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2439−0.120%$291K$3.9M10xas long as short
ApeX Omni ADAUSDTlong+0.0100%1h0.2442long leg$80K$891K50x
Polymarket Perps ADA-USD+0.0100%1h0.2441−0.049%$127K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2436−0.233%$39K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2443+0.042%$8K$761K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2439−0.143%$335$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2441−0.046%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2438−0.164%$47.3M$7.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2440−0.085%$512K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0106%8h0.2443+0.059%$20K$25020xas long as short
Lighter ADA+0.0112%1h0.2442−0.004%$2.4M$1.0M10xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.24420.000%$380K$8.5M50xas long as short
Backpack ADA_USDC_PERP+0.0152%1h0.2440−0.061%$139K$483K15xas long as short
Phoenix ADA+0.0163%1h0.2440−0.094%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0171%1h0.2438−0.148%$6.3M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2441−0.041%$4.4M$5.8M75xas long as short
Reya ADARUSDPERP+0.0274%1h0.2438−0.163%$1K15xas long as short
Hyperliquid ADA+0.0275%1h0.2442+0.020%$42.9M$18.2M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0570%1h0.2442−0.020%$624K$617K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.2438−0.161%$164K100xas long as short