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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against ApeX Omni+0.032%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.032%, 7d avg −0.048%
Together, before fees−0.170%+ Points / potential airdropExtended: Active · farm board−$17 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: Extended is 0.081% dearer against ApeX Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ADAUSDT0.24610.0112pay 0.0014% / 1h5m 19s$79K$893K50x
ShortExtended ADA-USD0.24620.0104get 0.0013% / 1h5m 19s$516K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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
−$1.65
Price spread: +0.032% → −0.048%
$8.09
Slippage, 4 orders
−$13.05
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.6
Costs to cover
0.280%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 39 min ago; Extended: live order book, 3 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 ApeX Omni live order book, 39 min ago2.05 bp10.5 bp −$1143.6 bp −$436doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago2.03 bp4.5 bp −$57.3 bp −$73doesn'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
Kalshi KXADAPERP0.0000%8h0.2464+0.122%$164K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2460−0.028%$84K150xas long as short
dYdX ADA-USD+0.0032%1h0.2462+0.021%$203K$2K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.406%$849$202K12xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.24610.000%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2462+0.027%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2463+0.063%$158K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2461+0.012%$103.7M$407.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.24610.000%$73.3M$124.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2460−0.041%$32.8M$118.5M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.24610.000%$100.7M$65.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.24610.000%$55.4M$66.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2462+0.028%$29.6M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2462+0.041%$67.0M$53.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.24610.000%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2464+0.125%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2461+0.010%$66K$287K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2461+0.003%$294K$3.9M10xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.24610.000%$127K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2465+0.143%$40K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2467+0.244%$8K$757K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2465+0.179%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2464+0.126%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2464+0.122%$47.8M$7.5M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2462+0.032%$516K$1.8M50x
Paradex ADA-USD-PERP+0.0106%8h0.2463+0.067%$21K$25020xas long as short
ApeX Omni ADAUSDTlong+0.0112%1h0.2461long leg$79K$893K50x
Coinbase International ADA-PERP-INTX+0.0120%1h0.2457−0.163%$367K$8.5M50xas long as short
Lighter ADA+0.0128%1h0.2464+0.110%$2.4M$1.0M10xas long as short
Backpack ADA_USDC_PERP+0.0156%1h0.2466+0.199%$137K$485K15xas long as short
Phoenix ADA+0.0163%1h0.2464+0.102%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0169%1h0.2465+0.156%$6.4M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2462+0.041%$4.5M$5.9M75xas long as short
Reya ADARUSDPERP+0.0274%1h0.2462+0.041%$1K15xas long as short
Hyperliquid ADA+0.0294%1h0.2463+0.085%$43.3M$18.1M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0521%1h0.2466+0.203%$629K$615K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0603% / S −0.0679%1h0.2460−0.045%$156K100xas long as short