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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against HTX−0.413%77s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.173%+$17 · spread now −0.413%, 7d avg −0.028%
Together, before fees+0.173%+ Points / potential airdropedgeX: Active · farm board+$17 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: edgeX is 0.385% cheaper against HTX than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24630.0100pay 0.0100% / 8h7h 35m$1.3M$5.5M75x
ShortedgeX ADAUSDC0.24520.0100get 0.0050% / 4h3h 35m$65K$281K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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: −0.413% → −0.028%
−$38.51
Slippage, 4 orders
−$25.18
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$84.7
Costs to cover
0.462%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; edgeX: live order book, 37 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 HTX live order book, 3 min ago3.08 bp12.5 bp −$1222.1 bp −$22151.5 bp −$5,148doesn't fit
Sell edgeX live order book, 37 min ago6.14 bp10.8 bp −$1129.9 bp −$299doesn'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%1h0.2463+0.004%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2463+0.019%$189K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2461−0.080%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.344%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2455−0.306%$412K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2462−0.018%$6.2M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2465+0.104%$2.5M$1.1M10xas long as short
Phoenix ADA+0.0098%1h0.2454−0.355%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2462−0.014%$1.2M$946K75xas long as short
Pacifica ADA+0.0100%1h0.2464+0.041%$158K$145K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2464+0.051%$102.1M$364.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2464+0.060%$72.2M$103.7M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2464+0.060%$32.5M$106.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2460−0.103%$97.6M$58.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2464+0.060%$52.9M$51.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2464+0.039%$30.2M$17.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2464+0.060%$66.2M$43.9M75xas long as short
BingX ADA-USDC+0.0100%8h0.2464+0.060%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463+0.027%$117K$416K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.098%$4.2M$942Kas long as short
edgeX ADAUSDCshort+0.0100%4h0.2452−0.413%$65K$281K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.387%$296K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.306%$55K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2461−0.066%$93K$645K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2461−0.062%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2462−0.010%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2463+0.019%$9K$763K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2462−0.013%$339$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2463long leg$1.3M$5.5M75x
Phemex ADAUSDT+0.0100%8h0.2461−0.062%$48.1M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2465+0.085%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2462−0.022%$553K$1.8M50xas long as short
Hyperliquid ADA+0.0111%1h0.2464+0.072%$42.9M$14.3M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2456−0.265%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0283%1h0.2461−0.061%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0400%1h0.2462−0.001%$495K$435K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0625% / S −0.0393%1h0.2460−0.087%$142K100xas long as short