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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Pacifica−0.043%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.256%−$26 on $10k
Price spread, last 3 days (all we have)+0.296%+$30 · spread now −0.043%, 7d avg −0.005%
Together, before fees+0.039%+ Points / potential airdropPacifica: Active · farm board+$4 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: Polymarket Perps is 0.038% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ADA0.24620.0100pay 0.0013% / 1h21m 14s$157K$147K10x
ShortPolymarket Perps ADA-USD0.24610.0100get 0.0013% / 1h21m 14s$97K$624K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Pacifica. 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: −0.043% → −0.005%
−$3.81
Slippage, 4 orders
−$16.63
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$36.44
Costs to cover
0.326%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; Polymarket Perps: live order book, 1 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 Pacifica live order book, 1 min ago3.45 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago2.84 bp7.2 bp −$79.1 bp −$91doesn'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+0.030%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2458−0.169%$153K$5.8M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h0.2460−0.080%$478K$353K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2459−0.140%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2459−0.129%$408K$7.3M50xas long as short
Lighter ADA+0.0096%1h0.2463+0.050%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2460−0.088%$42.7M$14.5M10xas long as short
Aster ADAUSDT+0.0100%8h0.2463+0.021%$1.2M$1.0M75xas long as short
Pacifica ADAlong+0.0100%1h0.2462long leg$157K$147K10x
Binance ADAUSDT+0.0100%8h0.2459−0.120%$101.6M$355.0M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2459−0.129%$70.7M$99.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2459−0.129%$32.0M$105.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2458−0.169%$97.3M$57.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458−0.169%$52.8M$56.6M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2459−0.133%$30.3M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2459−0.129%$65.8M$42.9M75xas long as short
BingX ADA-USDC+0.0100%8h0.2459−0.129%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2464+0.066%$101K$409K15xas long as short
Variational Omni ADA+0.0100%8h0.2456−0.234%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2455−0.289%$65K$279K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2454−0.326%$289K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2456−0.251%$55K$579K50xas long as short
Polymarket Perps ADA-USDshort+0.0100%1h0.2461−0.043%$97K$624K10x
Orderly PERP_ADA_USDC+0.0100%8h0.2459−0.129%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2459−0.110%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2460−0.088%$9K$756K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2460−0.108%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2461−0.028%$1.3M$5.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2459−0.129%$48.0M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2463+0.041%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2459−0.120%$559K$1.8M50xas long as short
Phoenix ADA+0.0195%1h0.2464+0.070%$4K$82K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2457−0.210%$4.4M$5.4M75xas long as short
Reya ADARUSDPERP+0.0286%1h0.2459−0.137%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0336%1h0.2459−0.120%$6.2M$11.4M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0505% / S −0.0263%1h0.2458−0.153%$110K100xas long as short
Injective ADA/USDC PERP+0.0533%1h0.2440−0.900%$838$131K12xas long as short