data as of
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Price arb /

ADA

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.094%7d average+0.007%fees + slippage, in and out−$41spread needed0.414%
Long on BackpackShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ADA_USDC_PERP0.24380.0100pay 0.0013% / 1h39m 38s$102K$412K15x
ShortKuCoin ADAUSDTM0.24350.0100get 0.0100% / 8h5h 39m$30.1M$17.6M75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$9.44
Funding while held
$0
Slippage, 4 orders
−$19.43
Fee Backpack: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$50.87
Spread needed to break even
0.414%
Slippage from Backpack: live order book, 61 min ago; KuCoin: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 61 min ago1.03 bp9.0 bp −$912.0 bp −$120doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.82 bp11.5 bp −$1123.5 bp −$235doesn't fitdoesn't fit

ADA price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.2424cheapestBybit0.2433+0.371%Gate0.2433+0.371%OKX0.2434+0.413%Coinbase International0.2434+0.413%Polymarket Perps0.2434+0.433%SunX0.2435+0.451%Binance0.2435+0.451%Extended0.2435+0.452%MEXC0.2435+0.454%Bitget0.2435+0.454%BingX0.2435+0.454%Kalshi0.2435+0.454%Pacifica0.2435+0.459%HTX0.2435+0.463%
KuCoin0.2435+0.466%
Reya0.2436+0.475%Aster0.2436+0.477%GMX0.2436+0.477%Variational Omni0.2436+0.479%dYdX0.2436+0.483%Paradex0.2436+0.488%gTrade (Gains Network)0.2436+0.495%Hyperliquid0.2436+0.497%Lighter0.2436+0.503%SoDEX0.2437+0.524%Orderly0.2437+0.536%Phemex0.2437+0.536%
Backpack0.2438+0.561%
Derive0.2438+0.571%Kraken Futures0.2438+0.573%BloFin0.2438+0.578%Deribit0.2438+0.586%Phoenix0.2439+0.615%ApeX Omni0.2440+0.660%edgeX0.2441+0.704%

ADA on 36 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ADA/USDC PERP−0.558%+0.0033%1h$832$66K12xas long as short
Bybit ADAUSDT−0.189%+0.0100%8h$70.0M$99.5M75xas long as short
Gate ADA_USDT−0.189%+0.0100%8h$95.6M$55.8M75xas long as short
OKX ADA-USDT-SWAP−0.148%+0.0100%8h$32.1M$103.3M50xas long as short
Coinbase International ADA-PERP-INTX−0.148%+0.0072%1h$472K$6.8M50xas long as short
Polymarket Perps ADA-USD−0.127%+0.0100%1h$91K$727K10xas long as short
SunX ADA-USDT−0.110%+0.0100%8h$9K$751K30xas long as short
Binance ADAUSDT−0.109%+0.0100%8h$101.3M$342.9M75xas long as short
Extended ADA-USD−0.108%+0.0104%1h$599K$1.7M50xas long as short
MEXC ADA_USDT−0.107%+0.0100%8h$51.9M$57.7M300xas long as short
Show all 36 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ADAUSDT−0.107%+0.0100%8h$64.4M$41.8M75xas long as short
BingX ADA-USDT−0.107%+0.0100%8h—$18.9M—as long as short
Kalshi KXADAPERP−0.107%0.0000%8h$123K$5.8M3.2xas long as short
Pacifica ADA−0.101%+0.0100%1h$157K$148K10xas long as short
HTX ADA-USDT−0.097%+0.0100%8h$1.3M$4.5M75xas long as short
KuCoin ADAUSDTMshort−0.094%+0.0100%8h$30.1M$17.6M75x
Reya ADARUSDPERP−0.086%+0.0291%1h$1K—15xas long as short
Aster ADAUSDT−0.084%+0.0100%8h$1.1M$1.0M75xas long as short
GMX ADA/USD [WBTC.b-USDC]−0.084%L +0.0520% / S −0.0276%1h$112K—100xas long as short
Variational Omni ADA−0.082%+0.0100%8h$4.2M$1.0M—as long as short
dYdX ADA-USD−0.078%0.0000%1h$202K$2K10xas long as short
Paradex ADA-USD-PERP−0.073%+0.0100%8h$20K$25020xas long as short
gTrade (Gains Network) ADA/USD−0.066%L +0.0005% / S −0.0003%1h$84K—150xas long as short
Hyperliquid ADA−0.064%+0.0100%1h$42.5M$13.7M10xas long as short
Lighter ADA−0.057%+0.0096%1h$2.4M$1.2M10xas long as short
SoDEX ADA-USD−0.037%+0.0100%1h$335$13K10xas long as short
Orderly PERP_ADA_USDC−0.025%+0.0100%8h$6K$36K20xas long as short
Phemex ADAUSDT−0.025%+0.0100%8h$47.5M$5.1M50xas long as short
Backpack ADA_USDC_PERPlong0.000%+0.0100%1h$102K$412K15x
Derive ADA-PERP+0.010%+0.0100%1h$40K$3K5xas long as short
Kraken Futures PF_ADAUSD+0.012%+0.0261%1h$6.1M$10.7M50xas long as short
BloFin ADA-USDT+0.016%+0.0220%8h$4.4M$5.3M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.025%+0.0242%1h$476K$377K50xas long as short
Phoenix ADA+0.053%+0.0166%1h$4K$89K10xas long as short
ApeX Omni ADAUSDT+0.098%+0.0100%1h$228K$455K50xas long as short
edgeX ADAUSDC+0.143%+0.0100%4h$65K$277K20xas long as short