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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against Bybit−0.049%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.049%, 7d avg −0.047%
Together, before fees−0.034%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ADAUSDT0.24420.0100pay 0.0100% / 8h1h 57m$72.2M$124.6M75x
ShortExtended ADA-USD0.24410.0104get 0.0013% / 1h57m 32s$524K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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% → −0.047%
−$0.22
Slippage, 4 orders
−$10.35
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$25.73
Costs to cover
0.264%
Break-even
221.4 days
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 1 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 Bybit live order book, 2 min ago2.04 bp9.7 bp −$1013.6 bp −$13634.8 bp −$3,476164.3 bp −$82.1K
Sell Extended live order book, 1 min ago2.04 bp4.5 bp −$57.7 bp −$77doesn'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%8h0.2448+0.246%$187K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2446+0.174%$84K150xas long as short
Phoenix ADA+0.0032%1h0.2450+0.324%$4K$104K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.188%$849$202K12xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2446+0.164%$6K$6K20xas long as short
Aster ADAUSDT+0.0100%8h0.2443+0.041%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2444+0.097%$157K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2442−0.011%$102.8M$410.3M75xas long as short
Bybit ADAUSDTlong+0.0100%8h0.2442long leg$72.2M$124.6M75x
OKX ADA-USDT-SWAP+0.0100%8h0.24420.000%$32.4M$118.2M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2440−0.082%$99.7M$63.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2443+0.041%$52.0M$64.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2447+0.192%$29.3M$15.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2441−0.041%$66.3M$53.5M75xas long as short
BingX ADA-USDT+0.0100%8h0.24420.000%$20.2Mas long as short
Variational Omni ADA+0.0100%8h0.2448+0.248%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2445+0.130%$65K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2448+0.247%$288K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2450+0.328%$82K$889K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2450+0.324%$129K$1.1M10xas long as short
Derive ADA-PERP+0.0100%1h0.2447+0.196%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2452+0.406%$8K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2446+0.156%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2446+0.174%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2446+0.164%$47.5M$7.4M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2441−0.049%$524K$1.8M50x
Paradex ADA-USD-PERP+0.0105%8h0.2446+0.177%$21K$25020xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2444+0.082%$377K$8.6M50xas long as short
Kraken Futures PF_ADAUSD+0.0170%1h0.2445+0.117%$6.3M$13.8M50xas long as short
Backpack ADA_USDC_PERP+0.0206%1h0.2446+0.164%$137K$484K15xas long as short
BloFin ADA-USDT+0.0220%8h0.2447+0.205%$4.4M$5.8M75xas long as short
Lighter ADA+0.0240%1h0.2445+0.123%$2.4M$1.0M10xas long as short
Reya ADARUSDPERP+0.0275%1h0.2449+0.287%$1K15xas long as short
Hyperliquid ADA+0.0343%1h0.2449+0.266%$43.0M$18.2M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0404%1h0.2447+0.225%$623K$613K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0631% / S −0.0728%1h0.2447+0.192%$164K100xas long as short
dYdX ADA-USD+0.0862%1h0.2443+0.056%$201K$2K10xas long as short