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

ADA

all ADA markets
SwapBacktest
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 −0.003%
Price spread now: Gate against Bybit−0.040%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.040%, 7d avg −0.023%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ADAUSDT0.25020.0100pay 0.0100% / 8h3h 54m$73.2M$109.1M75x
ShortGate ADA_USDT0.25010.0100get 0.0100% / 8h3h 54m$100.2M$59.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: −0.040% → −0.023%
−$1.72
Slippage, 4 orders
−$15.43
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$43.16
Costs to cover
0.414%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago2.02 bp7.5 bp −$812.6 bp −$12633.8 bp −$3,378147.4 bp −$73.7K
Sell Gate live order book, 4 min ago2.02 bp13.1 bp −$1317.4 bp −$17492.9 bp −$9,294doesn'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
dYdX ADA-USD0.0000%1h0.2501−0.058%$206K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2495−0.280%$211K$6.3M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2495−0.265%$88K150xas long as short
Kraken Futures PF_ADAUSD+0.0025%1h0.2497−0.189%$6.4M$12.6M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.239%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2495−0.280%$416K$7.9M50xas long as short
Aster ADAUSDT+0.0100%8h0.2497−0.207%$1.2M$996K75xas long as short
Pacifica ADA+0.0100%1h0.2502−0.004%$162K$160K10xas long as short
Binance ADAUSDT+0.0100%8h0.2503+0.024%$105.4M$374.7M75xas long as short
Bybit ADAUSDTlong+0.0100%8h0.2502long leg$73.2M$109.1M75x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2503+0.040%$33.5M$107.9M50xas long as short
Gate ADA_USDTshort+0.0100%8h0.2501−0.040%$100.2M$59.1M75x
MEXC ADA_USDT+0.0100%8h0.25020.000%$62.2M$60.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2503+0.028%$30.2M$15.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.25020.000%$67.6M$50.1M75xas long as short
BingX ADA-USDC+0.0100%8h0.2501−0.040%$6.6Mas long as short
Variational Omni ADA+0.0100%8h0.2489−0.517%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2486−0.621%$66K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2488−0.560%$292K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2489−0.520%$229K$748K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2497−0.196%$97K$692K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2496−0.240%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2498−0.174%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2497−0.202%$9K$731K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2497−0.220%$343$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2497−0.211%$1.3M$6.4M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2497−0.200%$48.7M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2501−0.028%$542K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0115%8h0.2504+0.075%$21K$25020xas long as short
Lighter ADA+0.0192%1h0.2504+0.092%$2.5M$1.0M10xas long as short
Phoenix ADA+0.0195%1h0.2478−0.955%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2496−0.240%$4.6M$5.8M75xas long as short
Backpack ADA_USDC_PERP+0.0249%1h0.2498−0.152%$135K$443K15xas long as short
Reya ADARUSDPERP+0.0278%1h0.2495−0.260%$1K15xas long as short
Hyperliquid ADA+0.0599%1h0.2502−0.008%$44.2M$15.2M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0599% / S −0.0547%1h0.2496−0.255%$134K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0672%1h0.2498−0.172%$613K$496K50xas long as short