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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Extended against Polymarket Perps−0.057%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 3 days (all we have)−0.117%−$12 · spread now −0.057%, 7d avg −0.038%
Together, before fees+0.040%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ADA-USD0.24650.0100pay 0.0013% / 1h34m 15s$94K$645K10x
ShortExtended ADA-USD0.24640.0104get 0.0013% / 1h34m 15s$554K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.057% → −0.038%
−$1.89
Slippage, 4 orders
−$10.2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$24.24
Costs to cover
0.232%
Break-even
209.0 days
Slippage from Polymarket Perps: live order book, 38 min ago; Extended: live order book, 4 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 Polymarket Perps live order book, 38 min ago2.46 bp7.3 bp −$78.6 bp −$86doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago2.04 bp4.5 bp −$57.2 bp −$72doesn'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%1h0.2463−0.073%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2463−0.077%$190K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2465−0.014%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.247%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2463−0.077%$423K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2463−0.071%$6.2M$11.7M50xas long as short
Lighter ADA+0.0096%1h0.2465+0.020%$2.5M$1.1M10xas long as short
Phoenix ADA+0.0098%1h0.2454−0.450%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2466+0.039%$1.2M$946K75xas long as short
Pacifica ADA+0.0100%1h0.2465+0.009%$158K$145K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2465+0.004%$102.2M$365.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2464−0.037%$72.2M$104.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2463−0.077%$32.5M$107.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2463−0.077%$97.8M$58.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2464−0.037%$52.9M$51.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2465+0.004%$30.2M$17.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2464−0.037%$66.2M$44.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.2465+0.004%$20.4Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463−0.077%$116K$420K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.194%$4.2M$942Kas long as short
edgeX ADAUSDC+0.0100%4h0.2452−0.509%$65K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.483%$296K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2456−0.361%$56K$583K50xas long as short
Polymarket Perps ADA-USDlong+0.0100%1h0.2465long leg$94K$645K10x
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.037%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2465+0.020%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2465+0.003%$9K$764K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2464−0.057%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2466+0.040%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2463−0.077%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2465−0.008%$21K$25020xas long as short
Extended ADA-USDshort+0.0104%1h0.2464−0.057%$554K$1.8M50x
Hyperliquid ADA+0.0119%1h0.2467+0.093%$43.0M$14.4M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2458−0.280%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0278%1h0.2464−0.028%$495K$435K50xas long as short
Reya ADARUSDPERP+0.0283%1h0.2465+0.006%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0626% / S −0.0393%1h0.2464−0.026%$142K100xas long as short