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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Derive−0.012%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ADA-PERP0.24650.0100pay 0.0013% / 1h38m 15s$40K$2K5x
ShortAster ADAUSDT0.24640.0100get 0.0100% / 8h5h 38m$1.2M$987K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Derive. 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: −0.012% → 0.000%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.19
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 5 min ago. 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 Derive no order-book sample
Sell Aster live order book, 5 min ago2.03 bp8.9 bp −$924.1 bp −$241doesn't fitdoesn't fit
Derive: 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%1h0.2468+0.120%$203K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0004%1h0.2462−0.089%$90K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.261%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2468+0.140%$420K$7.5M50xas long as short
Hyperliquid ADA+0.0100%1h0.2466+0.058%$42.9M$14.4M10xas long as short
Aster ADAUSDTshort+0.0100%8h0.2464−0.012%$1.2M$987K75x
Pacifica ADA+0.0100%1h0.2469+0.184%$158K$161K10xas long as short
Binance ADAUSDT+0.0100%8h0.2462−0.088%$103.4M$369.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2462−0.104%$72.4M$108.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2462−0.104%$32.8M$105.6M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2462−0.104%$98.7M$59.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2461−0.144%$52.1M$56.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2463−0.051%$29.7M$16.5M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2461−0.144%$65.9M$48.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2462−0.104%$20.2Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2462−0.124%$127K$421K15xas long as short
Variational Omni ADA+0.0100%8h0.2468+0.140%$4.3M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2465+0.022%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2464−0.032%$299K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2463−0.063%$227K$730K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2464−0.019%$95K$675K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.023%$6K$6K20xas long as short
Derive ADA-PERPlong+0.0100%1h0.2465long leg$40K$2K5x
SunX ADA-USDT+0.0100%8h0.2465+0.018%$9K$747K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2464−0.027%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2464−0.036%$1.3M$6.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2463−0.063%$47.9M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2463−0.050%$534K$1.8M50xas long as short
Kalshi KXADAPERP+0.0104%8h0.2465+0.018%$162K$6.2M3.2xas long as short
Paradex ADA-USD-PERP+0.0109%8h0.2470+0.210%$21K$25020xas long as short
Lighter ADA+0.0152%1h0.2465+0.022%$2.5M$1.0M10xas long as short
Phoenix ADA+0.0163%1h0.2469+0.168%$4K$90K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2471+0.261%$4.5M$5.8M75xas long as short
Kraken Futures PF_ADAUSD+0.0261%1h0.2462−0.098%$6.3M$12.4M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0278%1h0.2464−0.006%$561K$450K50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2463−0.064%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0417% / S −0.0202%1h0.2463−0.070%$95K100xas long as short