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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against BingX−0.027%7-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 0.027% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ADA-USDC0.24850.0100pay 0.0100% / 8h3h 25m$6.6M
ShortgTrade (Gains Network) ADA/USD0.2484L +0.0005% / S −0.0003%get 0.0000% / 1h25m 23s$85K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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: −0.027% → 0.000%
−$2.74
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$43.09
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 11 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 BingX live order book, 11 min ago3.99 bp14.4 bp −$1437.3 bp −$37390.6 bp −$9,063506.1 bp −$253.1K
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
dYdX ADA-USD0.0000%1h0.2487+0.060%$205K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2490+0.201%$147K$6.8M3.2xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2484−0.027%$85K150x
Kraken Futures PF_ADAUSD+0.0026%1h0.2488+0.122%$6.4M$13.0M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.563%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2489+0.161%$385K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2488+0.125%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2485+0.002%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2487+0.088%$160K$169K10xas long as short
Binance ADAUSDT+0.0100%8h0.2485+0.001%$105.9M$384.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.24850.000%$75.1M$113.9M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2487+0.080%$33.3M$110.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2486+0.040%$101.5M$61.4M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2484−0.040%$60.2M$62.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2485+0.008%$29.8M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24850.000%$67.6M$51.5M75xas long as short
BingX ADA-USDClong+0.0100%8h0.2485long leg$6.6M
Variational Omni ADA+0.0100%8h0.2486+0.042%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2491+0.234%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2503+0.733%$293K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2490+0.201%$230K$754K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2485+0.008%$92K$625K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2488+0.121%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2489+0.155%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2489+0.159%$8K$737K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2488+0.141%$342$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2489+0.176%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2488+0.121%$48.5M$6.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2487+0.081%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2487+0.072%$540K$1.8M50xas long as short
Phoenix ADA+0.0161%1h0.2492+0.294%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2492+0.282%$4.6M$5.9M75xas long as short
Backpack ADA_USDC_PERP+0.0263%1h0.2488+0.125%$137K$462K15xas long as short
Reya ADARUSDPERP+0.0277%1h0.2484−0.022%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0433%1h0.2489+0.177%$612K$533K50xas long as short
Hyperliquid ADA+0.0436%1h0.2487+0.076%$44.5M$16.1M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0615% / S −0.0569%1h0.2488+0.107%$138K100xas long as short