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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against edgeX−0.160%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.160%, 7d avg +0.022%
Together, before fees+0.121%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$12 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: Aster is 0.182% cheaper against edgeX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ADAUSDC0.24750.0100pay 0.0050% / 4h49m 34s$66K$281K20x
ShortAster ADAUSDT0.24710.0100get 0.0100% / 8h49m 34s$1.2M$925K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: −0.160% → +0.022%
−$18.18
Slippage, 4 orders
−$25.06
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$60.24
Costs to cover
0.421%
Break-even
never at this rate
Slippage from edgeX: live order book, 28 min ago; Aster: live order book, 3 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, 28 min ago6.10 bp10.6 bp −$1125.0 bp −$250doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago2.02 bp8.8 bp −$920.9 bp −$209doesn'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%1h0.2469−0.259%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2473−0.079%$161K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2472−0.138%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2473−0.079%$413K$7.4M50xas long as short
Lighter ADA+0.0096%1h0.2470−0.184%$2.5M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2472−0.111%$42.8M$14.2M10xas long as short
Aster ADAUSDTshort+0.0100%8h0.2471−0.160%$1.2M$925K75x
Pacifica ADA+0.0100%1h0.2470−0.205%$159K$144K10xas long as short
Binance ADAUSDT+0.0100%8h0.2469−0.251%$102.8M$360.6M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2469−0.241%$71.9M$102.3M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2470−0.200%$32.6M$107.3M50xas long as short
Gate ADA_USDT+0.0100%8h0.2467−0.321%$97.7M$59.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2469−0.241%$53.2M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2471−0.164%$30.3M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2468−0.281%$66.1M$43.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2469−0.241%$18.0Mas long as short
Variational Omni ADA+0.0100%8h0.2474−0.031%$4.2M$1.0Mas long as short
edgeX ADAUSDClong+0.0100%4h0.2475long leg$66K$281K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2475+0.008%$299K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2472−0.119%$56K$582K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2473−0.079%$97K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2471−0.160%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2471−0.159%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2474−0.039%$9K$761K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2470−0.192%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2474−0.052%$1.3M$5.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2469−0.241%$48.2M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2469−0.240%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2468−0.279%$561K$1.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0113%1h0.2470−0.193%$6.2M$11.5M50xas long as short
Phoenix ADA+0.0130%1h0.2468−0.277%$4K$78K10xas long as short
Backpack ADA_USDC_PERP+0.0142%1h0.2471−0.144%$109K$415K15xas long as short
BloFin ADA-USDT+0.0220%8h0.2476+0.042%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0236%1h0.2472−0.128%$490K$410K50xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471−0.160%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.2473−0.076%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0568% / S −0.0313%1h0.2471−0.162%$123K100xas long as short