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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin+0.042%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$360.363% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.042%, 7d avg −0.056%
Together, before fees−0.121%+ Points / potential airdropExtended: Active · 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: Extended is 0.098% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ADAUSDTM0.24390.0100pay 0.0100% / 8h1h 28m$29.4M$15.9M75x
ShortExtended ADA-USD0.24400.0104get 0.0013% / 1h28m 12s$512K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
$0.84
Price spread: +0.042% → −0.056%
$9.82
Slippage, 4 orders
−$19.34
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$25.67
Costs to cover
0.363%
Break-even
220.9 days
Slippage from KuCoin: live order book, 11 min ago; Extended: live order book, 5 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 KuCoin live order book, 11 min ago1.03 bp14.6 bp −$1523.6 bp −$236doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago2.05 bp4.5 bp −$510.3 bp −$103doesn'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
Kalshi KXADAPERP0.0000%8h0.2438−0.037%$200K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2438−0.018%$83K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.316%$849$202K12xas long as short
dYdX ADA-USD+0.0059%1h0.2437−0.074%$200K$2K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2439+0.004%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2440+0.049%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2439+0.008%$156K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2441+0.099%$102.7M$408.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2440+0.045%$72.4M$124.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2441+0.086%$32.5M$117.5M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2438−0.037%$99.7M$64.4M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2441+0.086%$52.9M$64.9M300xas long as short
KuCoin ADAUSDTMlong+0.0100%8h0.2439long leg$29.4M$15.9M75x
Bitget ADAUSDT+0.0100%8h0.2439+0.004%$66.3M$53.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2439+0.004%$20.2Mas long as short
Variational Omni ADA+0.0100%8h0.2438−0.034%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2439+0.017%$65K$288K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2439+0.007%$291K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2442+0.127%$80K$891K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2437−0.066%$130K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2436−0.107%$39K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2440+0.046%$8K$761K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2440+0.066%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2438−0.048%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2440+0.045%$47.3M$7.5M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2440+0.042%$512K$1.8M50x
Paradex ADA-USD-PERP+0.0106%8h0.2439+0.001%$20K$25020xas long as short
Lighter ADA+0.0112%1h0.2442+0.119%$2.4M$1.0M10xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2442+0.127%$380K$8.5M50xas long as short
Backpack ADA_USDC_PERP+0.0158%1h0.2439−0.016%$138K$483K15xas long as short
Phoenix ADA+0.0163%1h0.2440+0.033%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0171%1h0.2440+0.062%$6.3M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2439+0.004%$4.4M$5.8M75xas long as short
Reya ADARUSDPERP+0.0274%1h0.2438−0.036%$1K15xas long as short
Hyperliquid ADA+0.0278%1h0.2440+0.049%$42.9M$18.2M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0529%1h0.2441+0.098%$624K$616K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.2440+0.038%$164K100xas long as short