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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.049%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.049%, 7d avg −0.062%
Together, before fees−0.027%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ADAUSDT0.24660.0100pay 0.0100% / 8h7h 47m$104.3M$407.5M75x
ShortExtended ADA-USD0.24650.0104get 0.0013% / 1h47m 59s$506K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0.84
Price spread: −0.049% → −0.062%
$1.21
Slippage, 4 orders
−$8.13
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.09
Costs to cover
0.231%
Break-even
182.7 days
Slippage from Binance: live order book, 11 min ago; Extended: live order book, 5 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 Binance live order book, 11 min ago2.03 bp7.0 bp −$713.3 bp −$13333.9 bp −$3,390111.3 bp −$55.7K
Sell Extended live order book, 5 min ago2.03 bp4.5 bp −$59.8 bp −$98doesn't fitdoesn't fit

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%8h0.2463−0.126%$190K$7.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464−0.067%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.199%$849$202K12xas long as short
Aster ADAUSDT+0.0100%8h0.2464−0.066%$1.2M$1.2M75xas long as short
Pacifica ADA+0.0100%1h0.2463−0.120%$158K$181K10xas long as short
Binance ADAUSDTlong+0.0100%8h0.2466long leg$104.3M$407.5M75x
Bybit ADAUSDT+0.0100%8h0.2465−0.045%$73.5M$127.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2465−0.045%$32.8M$119.5M50xas long as short
Gate ADA_USDT+0.0100%8h0.2464−0.085%$101.1M$61.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2464−0.085%$59.1M$67.4M300xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ADAUSDTM+0.0100%8h0.2465−0.065%$29.6M$15.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2465−0.045%$66.9M$54.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2464−0.085%$20.3Mas long as short
Variational Omni ADA+0.0100%8h0.2463−0.122%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2458−0.317%$66K$288K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2459−0.292%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2459−0.288%$75K$896K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2463−0.122%$117K$1.4M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2465−0.045%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2462−0.170%$40K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2465−0.035%$8K$754K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2465−0.065%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2463−0.120%$1.3M$7.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2464−0.085%$47.7M$7.6M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2465−0.049%$506K$1.8M50x
Paradex ADA-USD-PERP+0.0105%8h0.2463−0.137%$21K$25020xas long as short
Coinbase International ADA-PERP-INTX+0.0152%1h0.2463−0.126%$367K$8.5M50xas long as short
Phoenix ADA+0.0163%1h0.2464−0.093%$3K$113K10xas long as short
dYdX ADA-USD+0.0194%1h0.2461−0.209%$202K$2K10xas long as short
Backpack ADA_USDC_PERP+0.0195%1h0.2465−0.029%$142K$485K15xas long as short
Kraken Futures PF_ADAUSD+0.0198%1h0.2465−0.053%$6.4M$14.1M50xas long as short
Lighter ADA+0.0216%1h0.2467+0.024%$2.4M$997K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2463−0.126%$4.5M$5.9M75xas long as short
Hyperliquid ADA+0.0258%1h0.2466−0.012%$43.3M$18.5M10xas long as short
Reya ADARUSDPERP+0.0272%1h0.2464−0.085%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0370% / S −0.0295%1h0.2464−0.087%$87K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0683%1h0.2466+0.004%$640K$739K50xas long as short