Funding arb · Price arb /

ADA

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Swap Backtest

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: HTX against Aster+0.051%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.051%, 7d avg −0.006%

Together, before fees+0.088%+ Points / potential airdropAster: Stage 5 · farm board+$9 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: HTX is 0.056% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ADAUSDT	0.2463	0.0100	pay 0.0100% / 8h	1h 06m	$1.2M	$1.1M	75x
Short	HTX ADA-USDT	0.2464	0.0100	get 0.0100% / 8h	1h 06m	$1.3M	$7.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee HTXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → −0.006%: $5.63
Slippage, 4 orders: −$16.53
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$30.9
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; HTX: live order book, 3 min ago.

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 Aster live order book, 2 min ago	2.04 bp	11.5 bp −$11	29.7 bp −$297	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	0.45 bp	8.6 bp −$9	24.2 bp −$242	53.0 bp −$5,299	doesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXADAPERP	0.0000%	8h	0.2464	+0.046%	$164K	$7.6M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2464	+0.059%	$84K	—	150x	as long as short
dYdX ADA-USD	+0.0033%	1h	0.2463	+0.020%	$203K	$2K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.330%	$849	$202K	12x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2465	+0.087%	$6K	$5K	20x	as long as short
Aster ADAUSDTlong	+0.0100%	8h	0.2463	long leg	$1.2M	$1.1M	75x
Pacifica ADA	+0.0100%	1h	0.2465	+0.106%	$158K	$178K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2463	−0.005%	$103.8M	$407.6M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2462	−0.035%	$73.3M	$124.8M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2463	+0.005%	$32.8M	$118.7M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2465	+0.087%	$100.9M	$65.2M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2463	+0.005%	$55.5M	$66.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2464	+0.030%	$29.5M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2463	+0.005%	$67.0M	$53.4M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2463	+0.005%	—	$6.5M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2460	−0.114%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2461	−0.066%	$66K	$287K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2461	−0.073%	$294K	$3.9M	10x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2465	+0.091%	$127K	$1.3M	10x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2465	+0.067%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2467	+0.168%	$8K	$757K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2465	+0.103%	$339	$13K	10x	as long as short
HTX ADA-USDTshort	+0.0100%	8h	0.2464	+0.051%	$1.3M	$7.0M	75x
Phemex ADAUSDT	+0.0100%	8h	0.2464	+0.046%	$47.8M	$7.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2462	−0.023%	$516K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0106%	8h	0.2466	+0.118%	$21K	$250	20x	as long as short
ApeX Omni ADAUSDT	+0.0112%	1h	0.2461	−0.076%	$79K	$893K	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0120%	1h	0.2457	−0.238%	$367K	$8.5M	50x	as long as short
Lighter ADA	+0.0128%	1h	0.2467	+0.156%	$2.4M	$1.0M	10x	as long as short
Backpack ADA_USDC_PERP	+0.0156%	1h	0.2466	+0.123%	$137K	$485K	15x	as long as short
Phoenix ADA	+0.0163%	1h	0.2464	+0.026%	$4K	$111K	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0169%	1h	0.2465	+0.080%	$6.4M	$13.9M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2462	−0.035%	$4.5M	$5.9M	75x	as long as short
Reya ADARUSDPERP	+0.0274%	1h	0.2465	+0.087%	$1K	—	15x	as long as short
Hyperliquid ADA	+0.0298%	1h	0.2467	+0.160%	$43.3M	$18.1M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0521%	1h	0.2466	+0.127%	$629K	$615K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0603% / S −0.0679%	1h	0.2462	−0.044%	$156K	—	100x	as long as short