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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Polymarket Perps−0.031%7-day average · you buy dearer than you sell
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 4 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: Paradex is 0.031% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ADA-USD0.24600.0100pay 0.0013% / 1h5m 17s$96K$626K10x
ShortParadex ADA-USD-PERP0.24590.0100get 0.0100% / 8h1h 05m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.04
Price spread: −0.031% → 0.000%
−$3.13
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$15.09
Costs to cover
0.120%
Break-even
2456.5 days
Slippage unknown: Polymarket Perps: live order book, 12 min ago; Paradex: no order-book sample. 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 Polymarket Perps live order book, 12 min ago0.20 bp8.1 bp −$88.7 bp −$87doesn't fitdoesn't fit
Sell Paradex no order-book sample
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 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%1h0.2457−0.116%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2461+0.061%$171K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2459−0.039%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2453−0.264%$411K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2459−0.012%$6.2M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2461+0.057%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2460+0.041%$42.6M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2460+0.005%$1.2M$924K75xas long as short
Pacifica ADA+0.0100%1h0.2457−0.091%$157K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2459−0.004%$102.2M$360.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2459−0.020%$71.6M$102.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2459−0.020%$31.9M$106.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2458−0.061%$97.2M$59.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2459−0.020%$52.2M$51.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2458−0.057%$30.2M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2459−0.020%$66.0M$43.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2459−0.020%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2460+0.008%$107K$417K15xas long as short
Variational Omni ADA+0.0100%8h0.2457−0.095%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2454−0.241%$65K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2456−0.146%$295K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2453−0.264%$55K$581K50xas long as short
Polymarket Perps ADA-USDlong+0.0100%1h0.2460long leg$96K$626K10x
Orderly PERP_ADA_USDC+0.0100%8h0.2460+0.020%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2460+0.018%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2460+0.020%$9K$760K30xas long as short
SoDEX ADA-USD+0.0100%1h0.24600.000%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2459−0.033%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2459−0.020%$47.9M$5.8M50xas long as short
Paradex ADA-USD-PERPshort+0.0100%8h0.2459−0.031%$21K$25020x
Extended ADA-USD+0.0104%1h0.2459−0.040%$554K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2458−0.049%$4K$74K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2459−0.020%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0285%1h0.2460+0.003%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2471+0.468%$849$202K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0567% / S −0.0313%1h0.2459−0.030%$122K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.8656%1h0.2479+0.785%$485K$377K50xas long as short