After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.349%7d average−0.004%fees + slippage, in and out−$51spread needed0.511%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ADAUSDT | 0.2439 | 0.0100 | pay 0.0013% / 1h | 4m 26s | $228K | $452K | 50x |
| Short | Lighter ADA | 0.2447 | 0.0096 | get 0.0012% / 1h | 4m 26s | $2.2M | $1.0M | 10x |
ApeX Omni ADAUSDT
Lighter ADAPrice 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
- $34.85
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$41.1
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$16.37
- Spread needed to break even
- 0.511%
Slippage from ApeX Omni: live order book, 39 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 39 min ago | 10.16 bp | 18.7 bp −$19 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.46 bp | 3.8 bp −$4 | 10.5 bp −$105 | 40.0 bp −$3,997 | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapest
InjectiveApeX Omni0.2439+0.619%
Variational Omni0.2443+0.778%SoDEX0.2444+0.825%Phemex0.2444+0.825%Derive0.2445+0.854%Deribit0.2445+0.858%Gate0.2445+0.866%BingX0.2445+0.866%Kraken Futures0.2445+0.866%Phoenix0.2445+0.875%Backpack0.2445+0.887%dYdX0.2446+0.899%Bybit0.2446+0.908%Bitget0.2446+0.908%Orderly0.2446+0.908%Coinbase International0.2446+0.908%edgeX0.2446+0.913%Reya0.2446+0.916%HTX0.2446+0.920%Pacifica0.2447+0.935%KuCoin0.2447+0.936%SunX0.2447+0.947%Aster0.2447+0.949%Binance0.2447+0.949%OKX0.2447+0.949%MEXC0.2447+0.949%Polymarket Perps0.2447+0.949%GMX0.2447+0.949%Extended0.2447+0.951%Paradex0.2447+0.958%gTrade (Gains Network)0.2447+0.969%
Variational Omni
SoDEX
Phemex
Derive
Deribit
Gate
BingX
Kraken Futures
Phoenix
Backpack
dYdX
Bybit
Bitget
Orderly
Coinbase International
Reya
HTX
Pacifica
KuCoin
SunX
Aster
Binance
OKX
MEXC
Polymarket Perps
GMX
Extended
Paradex
gTrade (Gains Network)Lighter0.2447+0.969%
Hyperliquid0.2448+0.982%Kalshi0.2448+0.990%BloFin0.2448+0.990%
Hyperliquid
BloFinADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.615% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| ApeX Omni ADAUSDTlong | 0.000% | +0.0100% | 1h | $228K | $452K | 50x | |
| Variational Omni ADA | +0.158% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| SoDEX ADA-USD | +0.205% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Phemex ADAUSDT | +0.205% | +0.0100% | 8h | $47.7M | $5.9M | 50x | as long as short |
| Derive ADA-PERP | +0.233% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.238% | +0.0159% | 1h | $476K | $391K | 50x | as long as short |
| Gate ADA_USDT | +0.246% | +0.0100% | 8h | $95.1M | $57.5M | 75x | as long as short |
| BingX ADA-USDT | +0.246% | +0.0100% | 8h | — | $17.5M | — | as long as short |
| Kraken Futures PF_ADAUSD | +0.246% | +0.0140% | 1h | $6.0M | $11.1M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix ADA | +0.254% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.267% | +0.0100% | 1h | $101K | $421K | 15x | as long as short |
| dYdX ADA-USD | +0.279% | +0.0061% | 1h | $202K | $2K | 10x | as long as short |
| Bybit ADAUSDT | +0.287% | +0.0100% | 8h | $71.5M | $105.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.287% | +0.0100% | 8h | $64.9M | $44.7M | 75x | as long as short |
| Orderly PERP_ADA_USDC | +0.287% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.287% | +0.0112% | 1h | $477K | $7.0M | 50x | as long as short |
| edgeX ADAUSDC | +0.292% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
| Reya ADARUSDPERP | +0.295% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| HTX ADA-USDT | +0.300% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Pacifica ADA | +0.314% | +0.0100% | 1h | $159K | $169K | 10x | as long as short |
| KuCoin ADAUSDTM | +0.316% | +0.0100% | 8h | $30.1M | $19.7M | 75x | as long as short |
| SunX ADA-USDT | +0.326% | +0.0100% | 8h | $9K | $772K | 30x | as long as short |
| Aster ADAUSDT | +0.328% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Binance ADAUSDT | +0.328% | +0.0100% | 8h | $102.0M | $351.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.328% | +0.0100% | 8h | $32.4M | $106.0M | 50x | as long as short |
| MEXC ADA_USDT | +0.328% | +0.0100% | 8h | $52.4M | $63.9M | 300x | as long as short |
| Polymarket Perps ADA-USD | +0.328% | +0.0100% | 1h | $92K | $736K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.328% | L +0.0521% / S −0.0276% | 1h | $113K | — | 100x | as long as short |
| Extended ADA-USD | +0.330% | +0.0104% | 1h | $595K | $1.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.337% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.348% | L +0.0005% / S −0.0003% | 1h | $86K | — | 150x | as long as short |
| Lighter ADAshort | +0.349% | +0.0096% | 1h | $2.2M | $1.0M | 10x | |
| Hyperliquid ADA | +0.361% | +0.0100% | 1h | $42.8M | $14.3M | 10x | as long as short |
| Kalshi KXADAPERP | +0.369% | 0.0000% | 8h | $72K | $5.7M | 3.2x | as long as short |
| BloFin ADA-USDT | +0.369% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |