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

ADA

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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: ApeX Omni against edgeX+0.147%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$540.537% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.147%, 7d avg +0.021%
Together, before fees−0.147%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.126% dearer against edgeX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ADAUSDC0.24590.0100pay 0.0050% / 4h1h 04m$65K$283K20x
ShortApeX Omni ADAUSDT0.24630.0100get 0.0013% / 1h4m 25s$227K$738K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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: +0.147% → +0.021%
$12.63
Slippage, 4 orders
−$34.75
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$41.12
Costs to cover
0.537%
Break-even
never at this rate
Slippage from edgeX: live order book, 58 min ago; ApeX Omni: live order book, 58 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 edgeX live order book, 58 min ago6.10 bp10.6 bp −$1128.5 bp −$285doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago2.04 bp10.3 bp −$1034.6 bp −$346doesn'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
dYdX ADA-USD0.0000%1h0.2455−0.161%$202K$3K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2453−0.259%$140K$6.3M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2452−0.285%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.472%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2456−0.137%$405K$7.7M50xas long as short
Aster ADAUSDT+0.0100%8h0.2457−0.087%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2458−0.069%$160K$163K10xas long as short
Binance ADAUSDT+0.0100%8h0.2456−0.133%$103.8M$372.9M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2453−0.259%$71.5M$111.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2455−0.178%$32.7M$106.2M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2455−0.178%$98.5M$61.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2454−0.219%$61.4M$61.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2454−0.215%$29.6M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2454−0.219%$66.0M$50.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2456−0.137%$20.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2457−0.097%$124K$447K15xas long as short
Variational Omni ADA+0.0100%8h0.2452−0.299%$4.3M$1.1Mas long as short
edgeX ADAUSDClong+0.0100%4h0.2459long leg$65K$283K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2465+0.231%$292K$3.8M10xas long as short
ApeX Omni ADAUSDTshort+0.0100%1h0.2463+0.147%$227K$738K50x
Polymarket Perps ADA-USD+0.0100%1h0.2456−0.146%$92K$682K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2454−0.219%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2454−0.204%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2453−0.259%$9K$744K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2454−0.219%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2454−0.203%$1.3M$6.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2457−0.097%$47.8M$6.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2456−0.122%$531K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0108%8h0.2457−0.082%$21K$25020xas long as short
Hyperliquid ADA+0.0110%1h0.2456−0.137%$42.7M$14.8M10xas long as short
Lighter ADA+0.0120%1h0.2458−0.040%$2.4M$1.1M10xas long as short
Phoenix ADA+0.0163%1h0.2452−0.284%$4K$90K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2456−0.137%$4.5M$5.7M75xas long as short
Kraken Futures PF_ADAUSD+0.0262%1h0.2454−0.221%$6.3M$12.8M50xas long as short
Reya ADARUSDPERP+0.0279%1h0.2454−0.199%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0402%1h0.2455−0.190%$589K$452K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0416% / S −0.0214%1h0.2452−0.294%$93K100xas long as short