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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8hnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Paradex+0.052%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.052% dearer against Paradex than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24270.0101pay 0.0101% / 8h4h 53m$20K$25020x
ShortHTX ADA-USDT0.24280.0100get 0.0100% / 8h4h 53m$1.3M$4.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Paradex. 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
−$0.28
Price spread: +0.052% → 0.000%
$5.15
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$11.13
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 2 min ago. 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 Paradex no order-book sample
Sell HTX live order book, 2 min ago2.80 bp11.3 bp −$1121.5 bp −$21549.4 bp −$4,939doesn't fit
Paradex: 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 36 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
Injective ADA/USDC PERP−0.0071%1h0.2441+0.582%$838$97K12xas long as short
dYdX ADA-USD0.0000%1h0.2428+0.049%$200K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2428+0.047%$113K$5.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2428+0.042%$83K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2428+0.047%$468K$6.8M50xas long as short
Lighter ADA+0.0096%1h0.2428+0.038%$2.4M$1.2M10xas long as short
Hyperliquid ADA+0.0100%1h0.2427+0.026%$42.3M$13.8M10xas long as short
Aster ADAUSDT+0.0100%8h0.2426−0.047%$1.1M$999K75xas long as short
Pacifica ADA+0.0100%1h0.2429+0.071%$155K$149K10xas long as short
Binance ADAUSDT+0.0100%8h0.24270.000%$100.8M$343.5M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2425−0.077%$70.1M$99.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2427+0.005%$32.2M$102.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2424−0.118%$95.5M$55.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2426−0.036%$52.3M$56.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2427−0.011%$30.2M$17.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2426−0.036%$64.1M$41.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2426−0.036%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2428+0.063%$103K$418K15xas long as short
Variational Omni ADA+0.0100%8h0.2430+0.110%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2437+0.438%$65K$277K20xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2431+0.170%$229K$458K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2429+0.071%$92K$729K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2428+0.047%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2428+0.029%$39K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2428+0.047%$9K$751K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2427+0.005%$334$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2428+0.052%$1.3M$4.6M75x
Phemex ADAUSDT+0.0100%8h0.2426−0.036%$47.2M$5.2M50xas long as short
Paradex ADA-USD-PERPlong+0.0101%8h0.2427long leg$20K$25020x
Extended ADA-USD+0.0104%1h0.2425−0.065%$588K$1.8M50xas long as short
Phoenix ADA+0.0197%1h0.2431+0.166%$4K$87K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2429+0.088%$4.4M$4.9M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0244%1h0.2429+0.067%$474K$369K50xas long as short
Reya ADARUSDPERP+0.0290%1h0.2427+0.021%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0427%1h0.2426−0.030%$6.1M$10.9M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0519% / S −0.0276%1h0.2426−0.023%$112K100xas long as short