After costs, if the gap returns to its 7d average, $10k−$54
spread now+0.032%7d average+0.001%fees + slippage, in and out−$57spread needed0.567%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ADAUSDT | 0.2419 | 0.0100 | pay 0.0013% / 1h | 42m 46s | $95K | $343K | 50x |
| Short | Kraken Futures PF_ADAUSD | 0.2420 | −0.0069 | pay 0.0009% / 1h | 42m 46s | $5.9M | $11.2M | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.17
- Funding while held
- −$5.08
- Slippage, 4 orders
- −$36.69
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$58.6
- Spread needed to break even
- 0.567%
Slippage from ApeX Omni: live order book, 11 min ago; Kraken Futures: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0169%
- Per $10,000 a day
- −$5.08
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 11 min ago | 8.32 bp | 16.8 bp −$17 | 43.8 bp −$438 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.07 bp | 10.7 bp −$11 | 16.1 bp −$161 | 61.0 bp −$6,098 | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −5.663% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Variational Omni ADA | −0.295% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Coinbase International ADA-PERP-INTX | −0.124% | +0.0136% | 1h | $450K | $6.4M | 50x | as long as short |
| edgeX ADAUSDC | −0.058% | +0.0100% | 4h | $64K | $354K | 20x | as long as short |
| Phoenix ADA | −0.021% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Extended ADA-USD | −0.017% | +0.0104% | 1h | $635K | $1.5M | 50x | as long as short |
| Reya ADARUSDPERP | −0.008% | +0.0296% | 1h | $1K | — | 15x | as long as short |
| ApeX Omni ADAUSDTlong | 0.000% | +0.0100% | 1h | $95K | $343K | 50x | |
| Polymarket Perps ADA-USD | 0.000% | +0.0100% | 1h | $92K | $719K | 10x | as long as short |
| Orderly PERP_ADA_USDC | 0.000% | +0.0100% | 8h | $5K | $38K | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ADA-USDT | 0.000% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.005% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.019% | L +0.0542% / S −0.0369% | 1h | $106K | — | 100x | as long as short |
| SoDEX ADA-USD | +0.021% | +0.0100% | 1h | $333 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.032% | −0.0069% | 1h | $5.9M | $11.2M | 50x | |
| Gate ADA_USDT | +0.041% | +0.0079% | 8h | $92.7M | $55.8M | 75x | as long as short |
| Kalshi KXADAPERP | +0.041% | 0.0000% | 8h | $152K | $5.5M | 3.2x | as long as short |
| Phemex ADAUSDT | +0.041% | +0.0100% | 8h | $47.4M | $5.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.043% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| HTX ADA-USDT | +0.045% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Aster ADAUSDT | +0.051% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.058% | 0.0000% | 1h | $452K | $356K | 50x | as long as short |
| Pacifica ADA | +0.064% | +0.0100% | 1h | $158K | $174K | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.070% | +0.0100% | 1h | $105K | $417K | 15x | as long as short |
| Derive ADA-PERP | +0.072% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| KuCoin ADAUSDTM | +0.074% | +0.0100% | 8h | $29.9M | $20.6M | 75x | as long as short |
| SunX ADA-USDT | +0.078% | +0.0100% | 8h | $9K | $768K | 30x | as long as short |
| dYdX ADA-USD | +0.080% | 0.0000% | 1h | $200K | $2K | 10x | as long as short |
| Bybit ADAUSDT | +0.083% | +0.0100% | 8h | $69.5M | $108.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.083% | +0.0100% | 8h | $51.1M | $60.7M | 300x | as long as short |
| Bitget ADAUSDT | +0.083% | +0.0100% | 8h | $63.2M | $45.6M | 75x | as long as short |
| Binance ADAUSDT | +0.101% | +0.0100% | 8h | $100.8M | $346.2M | 75x | as long as short |
| BingX ADA-USDC | +0.124% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| OKX ADA-USDT-SWAP | +0.165% | +0.0100% | 8h | $32.1M | $102.8M | 50x | as long as short |
| Lighter ADA | +0.169% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.178% | +0.0100% | 1h | $41.4M | $16.4M | 10x | as long as short |
ApeX Omni ADAUSDT
Kraken Futures PF_ADAUSD
Injective
Variational Omni
Coinbase International
Phoenix
Extended
Polymarket Perps
BloFin
gTrade (Gains Network)
GMX
SoDEX
Gate
Phemex
Paradex
HTX
Aster
Deribit
Pacifica
Backpack
Derive
KuCoin
SunX
Bybit
MEXC
Bitget
Binance
BingX
OKX
Lighter
Hyperliquid