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

ADA

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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: Pacifica against OKX−0.370%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$9 on $10k
Price spread, last 4 days (all we have)+0.368%+$37 · spread now −0.370%, 7d avg +0.002%
Together, before fees+0.453%+ Points / potential airdropPacifica: Active · farm board+$45 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: Pacifica is 0.372% cheaper against OKX than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ADA-USDT-SWAP0.24640.0100pay 0.0100% / 8h4h 41m$32.8M$106.2M50x
ShortPacifica ADA0.24550.0100get 0.0013% / 1h41m 04s$159K$162K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: −0.370% → +0.002%
−$37.17
Slippage, 4 orders
−$13.69
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$68.86
Costs to cover
0.317%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Pacifica: live order book, 17 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 OKX live order book, 3 min ago2.04 bp7.0 bp −$712.6 bp −$12653.8 bp −$5,383doesn't fit
Sell Pacifica live order book, 17 min ago2.44 bp8.6 bp −$9doesn't fitdoesn'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%1h0.2454−0.424%$202K$3K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2457−0.284%$160K$6.3M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2454−0.391%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.284%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2453−0.446%$425K$7.7M50xas long as short
Kraken Futures PF_ADAUSD+0.0092%1h0.2457−0.297%$6.3M$12.8M50xas long as short
Lighter ADA+0.0096%1h0.2459−0.211%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2458−0.259%$1.2M$983K75xas long as short
Pacifica ADAshort+0.0100%1h0.2455−0.370%$159K$162K10x
Binance ADAUSDT+0.0100%8h0.2462−0.079%$104.1M$373.0M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2461−0.122%$71.7M$111.2M75xas long as short
OKX ADA-USDT-SWAPlong+0.0100%8h0.2464long leg$32.8M$106.2M50x
Gate ADA_USDT+0.0100%8h0.2457−0.284%$98.1M$59.1M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2457−0.284%$61.3M$60.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2457−0.296%$29.6M$15.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2461−0.122%$66.1M$50.2M75xas long as short
BingX ADA-USDT+0.0100%8h0.2458−0.244%$20.1Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2458−0.235%$124K$444K15xas long as short
Variational Omni ADA+0.0100%8h0.2454−0.404%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2453−0.454%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2448−0.649%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2447−0.690%$226K$743K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2455−0.373%$94K$687K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456−0.325%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2456−0.320%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2455−0.364%$9K$739K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2456−0.325%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2454−0.397%$1.3M$6.4M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2457−0.284%$47.9M$6.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2461−0.107%$532K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0107%8h0.2455−0.349%$21K$25020xas long as short
Hyperliquid ADA+0.0141%1h0.2461−0.130%$42.7M$14.9M10xas long as short
Phoenix ADA+0.0195%1h0.2454−0.390%$4K$100K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2458−0.244%$4.5M$5.7M75xas long as short
Reya ADARUSDPERP+0.0279%1h0.2453−0.427%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0593% / S −0.0547%1h0.2454−0.410%$132K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0605%1h0.2457−0.284%$594K$494K50xas long as short