Funding arb · Price arb /

ADA

all ADA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against Polymarket Perps+0.032%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.239%+$24 on $10k

Price spread, last 3 days (all we have)−0.191%−$19 · spread now +0.032%, 7d avg +0.014%

Together, before fees+0.048%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ADA-USD	0.2482	0.0100	pay 0.0013% / 1h	9m 57s	$95K	$650K	10x
Short	Aster ADAUSDT	0.2483	0.0100	get 0.0100% / 8h	7h 09m	$1.2M	$956K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → +0.014%: $1.84
Slippage, 4 orders: −$20.62
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.78
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 63 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 63 min ago	2.46 bp	7.3 bp −$7	8.6 bp −$86	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	4.03 bp	11.8 bp −$12	26.8 bp −$268	doesn't fit	doesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2482	−0.006%	$204K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2481	−0.048%	$196K	$6.2M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2482	+0.010%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.451%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2482	−0.008%	$426K	$7.4M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2481	−0.037%	$6.3M	$11.8M	50x	as long as short
Phoenix ADA	+0.0098%	1h	0.2484	+0.064%	$4K	$84K	10x	as long as short
Aster ADAUSDTshort	+0.0100%	8h	0.2483	+0.032%	$1.2M	$956K	75x
Pacifica ADA	+0.0100%	1h	0.2484	+0.060%	$160K	$150K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2483	+0.032%	$103.6M	$367.9M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2484	+0.073%	$72.9M	$105.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2484	+0.073%	$32.9M	$108.1M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2482	−0.008%	$99.1M	$59.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2484	+0.073%	$54.7M	$52.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2484	+0.056%	$30.5M	$17.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2484	+0.073%	$67.1M	$44.9M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2484	+0.073%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2484	+0.056%	$138K	$416K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2477	−0.206%	$4.3M	$967K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2480	−0.069%	$66K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2483	+0.031%	$294K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2485	+0.113%	$56K	$585K	50x	as long as short
Polymarket Perps ADA-USDlong	+0.0100%	1h	0.2482	long leg	$95K	$650K	10x
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2483	+0.032%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2484	+0.060%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2484	+0.071%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2482	−0.028%	$341	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2482	+0.007%	$1.3M	$5.6M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2481	−0.048%	$48.3M	$6.0M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2483	+0.030%	$540K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0105%	8h	0.2484	+0.067%	$21K	$250	20x	as long as short
Lighter ADA	+0.0184%	1h	0.2483	+0.044%	$2.5M	$1.1M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2480	−0.089%	$4.4M	$5.7M	75x	as long as short
Hyperliquid ADA	+0.0245%	1h	0.2485	+0.109%	$43.4M	$14.3M	10x	as long as short
Reya ADARUSDPERP	+0.0282%	1h	0.2483	+0.033%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0395%	1h	0.2483	+0.048%	$500K	$451K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0630% / S −0.0393%	1h	0.2483	+0.031%	$143K	—	100x	as long as short