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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0186%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h +0.060%
Price spread now: Reya against ApeX Omni+0.110%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 airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.110% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ADAUSDT0.24610.0100pay 0.0013% / 1h45m 23s$56K$579K50x
ShortReya ADARUSDPERP0.24640.0286get 0.0036% / 1h45m 23s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$38.97
Price spread: +0.110% → 0.000%
$10.98
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$33.95
Costs to cover
0.160%
Break-even
0.9 days
Slippage unknown: ApeX Omni: live order book, 37 min ago; Reya: 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, 37 min ago4.06 bp13.1 bp −$1342.7 bp −$427doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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%1h0.2461−0.011%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2458−0.122%$156K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464+0.106%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2456−0.203%$420K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2460−0.059%$6.2M$11.4M50xas long as short
Lighter ADA+0.0096%1h0.2464+0.130%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2464+0.106%$42.7M$14.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2464+0.117%$1.2M$920K75xas long as short
Pacifica ADA+0.0100%1h0.2463+0.089%$158K$147K10xas long as short
Binance ADAUSDT+0.0100%8h0.2465+0.144%$101.9M$355.3M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2464+0.122%$71.3M$99.7M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2465+0.163%$31.9M$105.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2463+0.081%$97.1M$57.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2464+0.122%$53.1M$50.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2463+0.069%$30.4M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2464+0.122%$66.0M$42.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2464+0.122%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2460−0.037%$102K$416K15xas long as short
Variational Omni ADA+0.0100%8h0.2458−0.111%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2459−0.072%$66K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2459−0.081%$297K$3.8M10xas long as short
ApeX Omni ADAUSDTlong+0.0100%1h0.2461long leg$56K$579K50x
Polymarket Perps ADA-USD+0.0100%1h0.2464+0.106%$97K$625K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2463+0.081%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2464+0.122%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2464+0.121%$9K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2459−0.065%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2458−0.135%$1.3M$5.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2458−0.122%$48.0M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2463+0.099%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2463+0.083%$559K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2463+0.073%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2456−0.203%$4.4M$5.4M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0278%1h0.2465+0.142%$479K$349K50xas long as short
Reya ADARUSDPERPshort+0.0286%1h0.2464+0.110%$1K15x
Injective ADA/USDC PERP+0.0288%1h0.2445−0.650%$840$168K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2463+0.091%$122K100xas long as short