Funding arb · Price arb /

ADA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Aster+0.068%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$730.732% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.068%, 7d avg +0.017%

Together, before fees+0.246%+ Points / potential airdropAster: Stage 5 · farm board+$25 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: SunX is 0.051% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ADAUSDT	0.2473	0.0100	pay 0.0100% / 8h	5h 10m	$1.2M	$1.0M	75x
Short	SunX ADA-USDT	0.2475	0.0100	get 0.0100% / 8h	5h 10m	$8K	$743K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee SunXbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → +0.017%: $5.1
Slippage, 4 orders: −$57.21
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$68.11
Costs to cover: 0.732%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; SunX: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	2.02 bp	12.3 bp −$12	26.6 bp −$266	doesn't fit	doesn't fit
Sell SunX live order book, 21 min ago	20.77 bp	27.2 bp −$27	36.3 bp −$363	doesn't fit	doesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2466	−0.317%	$203K	$3K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2472	−0.055%	$159K	$6.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2470	−0.121%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.096%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2472	−0.055%	$412K	$7.7M	50x	as long as short
Aster ADAUSDTlong	+0.0100%	8h	0.2473	long leg	$1.2M	$1.0M	75x
Pacifica ADA	+0.0100%	1h	0.2468	−0.225%	$158K	$162K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2474	+0.019%	$105.0M	$372.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2472	−0.055%	$72.2M	$110.8M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2473	−0.015%	$32.9M	$106.8M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2472	−0.055%	$99.3M	$60.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2473	−0.015%	$62.0M	$60.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2473	+0.005%	$29.8M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2472	−0.055%	$66.5M	$49.8M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2473	−0.015%	—	$20.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2475	+0.066%	$133K	$442K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	−0.257%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2476	+0.118%	$66K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2477	+0.163%	$293K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2475	+0.066%	$228K	$737K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2470	−0.152%	$94K	$680K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2473	−0.015%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2474	+0.014%	$40K	$2K	5x	as long as short
SunX ADA-USDTshort	+0.0100%	8h	0.2475	+0.068%	$8K	$743K	30x
SoDEX ADA-USD	+0.0100%	1h	0.2473	+0.005%	$340	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2471	−0.115%	$1.3M	$6.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2473	−0.015%	$48.1M	$6.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2473	−0.020%	$537K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0109%	8h	0.2469	−0.194%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0136%	1h	0.2475	+0.062%	$43.3M	$14.6M	10x	as long as short
Lighter ADA	+0.0152%	1h	0.2475	+0.086%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2477	+0.155%	$4K	$90K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2475	+0.066%	$4.6M	$5.8M	75x	as long as short
Kraken Futures PF_ADAUSD	+0.0260%	1h	0.2473	−0.005%	$6.3M	$12.7M	50x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2470	−0.137%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0485% / S −0.0279%	1h	0.2470	−0.150%	$108K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0640%	1h	0.2475	+0.078%	$585K	$443K	50x	as long as short