Funding arb · Price arb /

ADA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.026%

Price spread now: Gate against gTrade (Gains Network)+0.216%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.216% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ADA/USD	0.2443	L +0.0005% / S −0.0003%	pay 0.0001% / 1h	3m 44s	$84K	—	150x
Short	Gate ADA_USDT	0.2448	0.0100	get 0.0100% / 8h	2h 03m	$96.5M	$58.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GatebpOrdersPrice spread, now +0.216%Rate

Funding earned: $20.01
Price spread: +0.216% → 0.000%: $21.57
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $16.58
Costs to cover: 0.250%
Break-even: 1.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	2.04 bp	13.6 bp −$14	18.3 bp −$183	88.1 bp −$8,813	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2448	+0.230%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2444	+0.052%	$153K	$5.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USDlong	L +0.0005% / S −0.0003%	1h	0.2443	long leg	$84K	—	150x
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2454	+0.461%	$407K	$7.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2452	+0.367%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2450	+0.318%	$42.5M	$14.6M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2449	+0.255%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2450	+0.302%	$157K	$147K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2451	+0.339%	$101.6M	$355.8M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2449	+0.257%	$70.4M	$99.9M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2450	+0.298%	$31.8M	$105.2M	50x	as long as short
Gate ADA_USDTshort	+0.0100%	8h	0.2448	+0.216%	$96.5M	$58.2M	75x
MEXC ADA_USDT	+0.0100%	8h	0.2449	+0.257%	$52.6M	$56.8M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2450	+0.285%	$30.3M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2450	+0.298%	$65.6M	$42.8M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2449	+0.257%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2445	+0.105%	$101K	$413K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2444	+0.068%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2450	+0.293%	$65K	$279K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2449	+0.265%	$296K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2447	+0.175%	$55K	$579K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2442	−0.014%	$95K	$624K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2443	+0.011%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2444	+0.053%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2445	+0.092%	$9K	$758K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2444	+0.032%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2443	+0.009%	$1.3M	$5.0M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2443	+0.011%	$47.7M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2451	+0.337%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2449	+0.266%	$556K	$1.8M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0118%	1h	0.2445	+0.089%	$475K	$353K	50x	as long as short
Phoenix ADA	+0.0195%	1h	0.2446	+0.150%	$4K	$82K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2447	+0.175%	$4.4M	$5.4M	75x	as long as short
Reya ADARUSDPERP	+0.0286%	1h	0.2442	−0.017%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0338%	1h	0.2444	+0.037%	$6.1M	$11.4M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0503% / S −0.0263%	1h	0.2442	−0.012%	$109K	—	100x	as long as short
Injective ADA/USDC PERP	+0.0533%	1h	0.2446	+0.134%	$38K	$150K	12x	as long as short