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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.002%
Price spread now: Paradex against Extended0.000%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 airdropExtended: Active · Paradex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24780.0104pay 0.0013% / 1h20m 23s$538K$1.8M50x
ShortParadex ADA-USD-PERP0.24780.0101get 0.0101% / 8h3h 20m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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
−$0.56
Price spread: 0.000% → 0.000%
−$0.04
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.6
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Paradex: 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 Extended live order book, 3 min ago2.01 bp4.5 bp −$57.2 bp −$72doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.2475−0.152%$204K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2481+0.108%$146K$6.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2477−0.040%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0026%1h0.2479+0.025%$6.3M$13.2M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.296%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2478−0.013%$393K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2475−0.126%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2477−0.035%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2475−0.140%$159K$169K10xas long as short
Binance ADAUSDT+0.0100%8h0.2478−0.013%$105.4M$386.8M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2477−0.054%$74.8M$114.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2478−0.013%$33.1M$111.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2476−0.094%$100.5M$61.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2477−0.054%$59.8M$62.4M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2477−0.042%$29.7M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2477−0.054%$67.5M$51.5M75xas long as short
BingX ADA-USDT+0.0100%8h0.2478−0.013%$19.9Mas long as short
Variational Omni ADA+0.0100%8h0.2477−0.051%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2486+0.328%$66K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2486+0.309%$301K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2486+0.309%$229K$755K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2478−0.029%$93K$630K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2479+0.027%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2480+0.055%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2480+0.065%$8K$740K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2480+0.047%$341$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2479+0.047%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2478−0.013%$48.3M$7.0M50xas long as short
Paradex ADA-USD-PERPshort+0.0101%8h0.24780.000%$21K$25020x
Extended ADA-USDlong+0.0104%1h0.2478long leg$538K$1.8M50x
Phoenix ADA+0.0161%1h0.2492+0.564%$4K$95K10xas long as short
Backpack ADA_USDC_PERP+0.0216%1h0.2478−0.025%$130K$468K15xas long as short
BloFin ADA-USDT+0.0220%8h0.2479+0.027%$4.6M$5.8M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2478−0.033%$1K15xas long as short
Hyperliquid ADA+0.0380%1h0.2479+0.011%$44.2M$16.2M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0436%1h0.2480+0.088%$610K$533K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0620% / S −0.0580%1h0.2477−0.055%$139K100xas long as short