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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against SunX−0.120%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$670.669% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.097%−$10 on $10k
Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.120%, 7d avg −0.025%
Together, before fees−0.005%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.095% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ADA-USDT0.24690.0100pay 0.0100% / 8h7h 30m$9K$765K30x
ShortOKX ADA-USDT-SWAP0.24660.0100get 0.0100% / 8h7h 30m$32.6M$107.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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
Price spread: −0.120% → −0.025%
−$9.49
Slippage, 4 orders
−$48.91
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$76.39
Costs to cover
0.669%
Break-even
never at this rate
Slippage from SunX: live order book, 21 min ago; OKX: 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 SunX live order book, 21 min ago20.80 bp24.8 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago2.03 bp7.0 bp −$712.5 bp −$12543.1 bp −$4,310doesn'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%1h0.2467−0.073%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2468−0.039%$184K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2465−0.141%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.082%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2464−0.201%$420K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2466−0.125%$6.2M$11.7M50xas long as short
Phoenix ADA+0.0098%1h0.2467−0.096%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2468−0.037%$1.2M$946K75xas long as short
Pacifica ADA+0.0100%1h0.2469−0.017%$159K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2466−0.107%$102.8M$365.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2466−0.120%$72.4M$104.2M75xas long as short
OKX ADA-USDT-SWAPshort+0.0100%8h0.2466−0.120%$32.6M$107.2M50x
Gate ADA_USDT+0.0100%8h0.2466−0.120%$98.1M$58.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2466−0.120%$52.8M$51.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2467−0.068%$30.2M$17.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2466−0.120%$66.2M$44.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2467−0.080%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2467−0.084%$119K$410K15xas long as short
Variational Omni ADA+0.0100%8h0.2470+0.046%$4.2M$942Kas long as short
edgeX ADAUSDC+0.0100%4h0.2461−0.318%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2462−0.286%$288K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.120%$56K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2465−0.141%$94K$645K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2466−0.120%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2466−0.107%$40K$3K5xas long as short
SunX ADA-USDTlong+0.0100%8h0.2469long leg$9K$765K30x
SoDEX ADA-USD+0.0100%1h0.2467−0.100%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2466−0.114%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2465−0.161%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0103%8h0.2469−0.004%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2465−0.141%$548K$1.8M50xas long as short
Lighter ADA+0.0112%1h0.2468−0.027%$2.5M$1.1M10xas long as short
Hyperliquid ADA+0.0163%1h0.2469−0.015%$43.1M$14.5M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2472+0.123%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0277%1h0.2467−0.096%$496K$434K50xas long as short
Reya ADARUSDPERP+0.0283%1h0.2466−0.139%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0626% / S −0.0393%1h0.2465−0.160%$142K100xas long as short