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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: gTrade (Gains Network) against dYdX−0.022%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.022% cheaper against dYdX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ADA-USD0.24480.0001pay 0.0000% / 1h2m 57s$201K$2K10x
ShortgTrade (Gains Network) ADA/USD0.2447L +0.0005% / S −0.0003%get 0.0000% / 1h2m 57s$84K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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
$0.35
Price spread: −0.022% → 0.000%
−$2.25
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$21.9
Costs to cover
0.200%
Break-even
449.4 days
Slippage unknown: dYdX: live order book, 46 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 dYdX live order book, 46 min ago143.70 bp148.7 bp −$149148.7 bp −$1,487148.7 bp −$14.9K152.4 bp −$76.2K
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
Kalshi KXADAPERP0.0000%8h0.2447−0.031%$187K$7.6M3.2xas long as short
dYdX ADA-USDlong+0.0001%1h0.2448long leg$201K$2K10x
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2447−0.022%$84K150x
Kraken Futures PF_ADAUSD+0.0020%1h0.2449+0.065%$6.3M$13.8M50xas long as short
Phoenix ADA+0.0032%1h0.2454+0.263%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.949%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2451+0.145%$2.4M$1.0M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2448+0.010%$6K$6K20xas long as short
Hyperliquid ADA+0.0100%1h0.2452+0.173%$43.1M$18.2M10xas long as short
Aster ADAUSDT+0.0100%8h0.2451+0.112%$1.2M$1.1M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ADA+0.0100%1h0.2449+0.047%$157K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2450+0.091%$103.1M$410.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2448+0.010%$72.4M$124.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2449+0.051%$32.5M$118.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2448+0.010%$100.0M$65.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2449+0.051%$52.2M$65.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2449+0.051%$29.4M$15.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2450+0.091%$66.6M$53.6M75xas long as short
BingX ADA-USDT+0.0100%8h0.2449+0.051%$20.2Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2450+0.104%$137K$485K15xas long as short
Variational Omni ADA+0.0100%8h0.2452+0.176%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2452+0.171%$65K$287K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2450+0.091%$288K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2452+0.173%$83K$889K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2447−0.031%$128K$1.1M10xas long as short
Derive ADA-PERP+0.0100%1h0.2450+0.082%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2450+0.088%$8K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2450+0.071%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2447−0.014%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2449+0.051%$47.5M$7.4M50xas long as short
Extended ADA-USD+0.0104%1h0.2449+0.041%$524K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2449+0.051%$379K$8.6M50xas long as short
Paradex ADA-USD-PERP+0.0104%8h0.2450+0.098%$21K$25020xas long as short
BloFin ADA-USDT+0.0220%8h0.2452+0.173%$4.4M$5.9M75xas long as short
Reya ADARUSDPERP+0.0275%1h0.2448+0.008%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0526%1h0.2450+0.091%$623K$613K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.2446−0.054%$164K100xas long as short