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−0.0097%/8h= −10.6% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against OKX−0.349%73s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.349% cheaper against OKX than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ADA-USDT-SWAP0.24470.0100pay 0.0100% / 8h1h 27m$32.5M$117.9M50x
ShortgTrade (Gains Network) ADA/USD0.2438L +0.0005% / S −0.0003%get 0.0000% / 1h27m 09s$83K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. 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
−$20.35
Price spread: −0.349% → 0.000%
−$34.9
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$75.25
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; gTrade (Gains Network): 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 OKX live order book, 2 min ago2.05 bp7.0 bp −$710.7 bp −$10738.9 bp −$3,894doesn't fit
Sell gTrade (Gains Network) no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXADAPERP0.0000%8h0.2444−0.123%$197K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDshortL +0.0005% / S −0.0003%1h0.2438−0.349%$83K150x
Injective ADA/USDC PERP+0.0033%1h0.2471+0.981%$849$202K12xas long as short
dYdX ADA-USD+0.0054%1h0.2443−0.181%$201K$2K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2444−0.123%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2446−0.057%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2445−0.098%$157K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2448+0.041%$103.0M$408.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2446−0.041%$72.6M$124.6M75xas long as short
OKX ADA-USDT-SWAPlong+0.0100%8h0.2447long leg$32.5M$117.9M50x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2446−0.041%$100.1M$64.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.24470.000%$53.3M$65.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2447−0.012%$29.5M$15.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24470.000%$66.5M$53.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2446−0.041%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2438−0.365%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2441−0.242%$65K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2439−0.324%$291K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2442−0.204%$80K$891K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2445−0.082%$131K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2436−0.437%$39K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2444−0.122%$8K$761K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2445−0.102%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2446−0.056%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2446−0.041%$47.4M$7.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2444−0.126%$511K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0107%8h0.2445−0.071%$21K$25020xas long as short
Lighter ADA+0.0112%1h0.2448+0.049%$2.4M$1.0M10xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2442−0.204%$380K$8.5M50xas long as short
Phoenix ADA+0.0163%1h0.2441−0.233%$4K$111K10xas long as short
Backpack ADA_USDC_PERP+0.0164%1h0.2447+0.008%$139K$483K15xas long as short
Kraken Futures PF_ADAUSD+0.0170%1h0.2444−0.116%$6.3M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.24470.000%$4.5M$5.9M75xas long as short
Reya ADARUSDPERP+0.0274%1h0.2438−0.367%$1K15xas long as short
Hyperliquid ADA+0.0289%1h0.2449+0.083%$43.0M$18.2M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0631% / S −0.0728%1h0.2443−0.152%$164K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0650%1h0.2446−0.049%$625K$616K50xas long as short