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+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against SoDEX+0.102%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.102% dearer against SoDEX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ADA-USD0.24520.0100pay 0.0013% / 1h0m 56s$337$13K10x
ShortBloFin ADA-USDT0.24540.0220get 0.0220% / 8h7h 00m$4.5M$5.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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
$25.2
Price spread: +0.102% → 0.000%
$10.2
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.4
Costs to cover
0.200%
Break-even
2.7 days
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 3 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 SoDEX no order-book sample
Sell BloFin live order book, 3 min ago4.07 bp10.1 bp −$1015.5 bp −$15523.1 bp −$2,31449.4 bp −$24.7K
SoDEX: 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%1h0.2455+0.163%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2452+0.020%$203K$6.3M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2451−0.003%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.795%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2451−0.020%$437K$7.4M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2451−0.002%$6.2M$12.0M50xas long as short
Phoenix ADA+0.0098%1h0.2456+0.196%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2450−0.079%$1.2M$962K75xas long as short
Pacifica ADA+0.0100%1h0.2456+0.173%$158K$150K10xas long as short
Binance ADAUSDT+0.0100%8h0.2450−0.076%$101.9M$371.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2449−0.102%$71.9M$106.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2450−0.061%$32.4M$107.3M50xas long as short
Gate ADA_USDT+0.0100%8h0.2448−0.143%$98.4M$60.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2448−0.143%$51.6M$52.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2448−0.135%$30.1M$17.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2447−0.184%$66.1M$45.5M75xas long as short
BingX ADA-USDC+0.0100%8h0.2450−0.061%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2449−0.094%$132K$420K15xas long as short
Variational Omni ADA+0.0100%8h0.2451−0.017%$4.2M$966Kas long as short
edgeX ADAUSDC+0.0100%4h0.2459+0.302%$65K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2470+0.737%$288K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2458+0.265%$56K$586K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2452+0.041%$93K$653K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2450−0.061%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2453+0.042%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2458+0.267%$9K$769K30xas long as short
SoDEX ADA-USDlong+0.0100%1h0.2452long leg$337$13K10x
HTX ADA-USDT+0.0100%8h0.2450−0.075%$1.3M$5.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2450−0.061%$47.7M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2447−0.190%$533K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0105%8h0.2455+0.131%$21K$25020xas long as short
Lighter ADA+0.0176%1h0.2452+0.012%$2.4M$1.1M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0199%1h0.24520.000%$491K$461K50xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2454+0.102%$4.5M$5.6M75x
Hyperliquid ADA+0.0225%1h0.2450−0.078%$42.8M$14.2M10xas long as short
Reya ADARUSDPERP+0.0282%1h0.2453+0.041%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0626% / S −0.0393%1h0.2452+0.018%$141K100xas long as short