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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against ApeX Omni−0.040%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now −0.040%, 7d avg −0.025%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ADAUSDT0.24740.0100pay 0.0013% / 1h49m 34s$230K$760K50x
ShortMEXC ADA_USDT0.24730.0100get 0.0100% / 8h2h 49m$59.4M$62.6M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: −0.040% → −0.025%
−$1.58
Slippage, 4 orders
−$22.9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$34.48
Costs to cover
0.329%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 64 min ago; MEXC: live order book, 4 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 ApeX Omni live order book, 64 min ago7.98 bp14.9 bp −$1542.8 bp −$428doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago2.03 bp2.0 bp −$24.6 bp −$4619.3 bp −$1,92648.4 bp −$24.2K

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%1h0.2472−0.066%$203K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2475+0.040%$152K$7.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2473−0.025%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0019%1h0.2471−0.117%$6.3M$13.3M50xas long as short
Phoenix ADA+0.0032%1h0.2478+0.158%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.121%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2475+0.020%$2.5M$987K10xas long as short
Hyperliquid ADA+0.0100%1h0.2474+0.016%$44.0M$16.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2472−0.067%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2473−0.028%$158K$170K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2472−0.081%$104.2M$392.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2471−0.121%$73.4M$117.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2471−0.121%$33.0M$112.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2471−0.121%$100.0M$62.5M75xas long as short
MEXC ADA_USDTshort+0.0100%8h0.2473−0.040%$59.4M$62.6M300x
KuCoin ADAUSDTM+0.0100%8h0.2472−0.085%$29.7M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2472−0.081%$67.3M$51.8M75xas long as short
BingX ADA-USDT+0.0100%8h0.2472−0.081%$19.9Mas long as short
Variational Omni ADA+0.0100%8h0.2474+0.003%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2468−0.250%$66K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2475+0.027%$290K$4.0M10xas long as short
ApeX Omni ADAUSDTlong+0.0100%1h0.2474long leg$230K$760K50x
Polymarket Perps ADA-USD+0.0100%1h0.2471−0.117%$94K$635K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2473−0.040%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2473−0.041%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2476+0.082%$8K$747K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2472−0.101%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2471−0.126%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2471−0.121%$48.2M$7.0M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2473−0.041%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2471−0.129%$537K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2475+0.040%$410K$8.3M50xas long as short
Backpack ADA_USDC_PERP+0.0199%1h0.2472−0.097%$124K$457K15xas long as short
BloFin ADA-USDT+0.0220%8h0.2478+0.162%$4.5M$5.9M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2471−0.121%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0316%1h0.2474−0.012%$608K$542K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0625% / S −0.0585%1h0.2473−0.037%$140K100xas long as short