data as of
Settings8H · net · $10k
Price arb /

ADA

all ADA markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.042%7d average−0.029%fees + slippage, in and out−$27spread needed0.274%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ADAUSDT0.24380.0100pay 0.0100% / 8h1h 59m$102.2M$339.8M75x
ShortBackpack ADA_USDC_PERP0.24390.0100get 0.0013% / 1h59m 57s$102K$415K15x

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
$4.18
Funding while held
$0
Slippage, 4 orders
−$7.36
Fee Binance: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$23.18
Spread needed to break even
0.274%
Slippage from Binance: live order book, 15 min ago; Backpack: live order book, 60 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 Binance live order book, 15 min ago2.06 bp7.1 bp −$710.8 bp −$10827.9 bp −$2,78894.6 bp −$47.3K
Sell Backpack live order book, 60 min ago0.61 bp7.6 bp −$810.8 bp −$108doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ADA/USDC PERP−6.406%+0.0033%1h$784$95K12xas long as short
Gate ADA_USDT−0.089%+0.0100%8h$93.9M$55.2M75xas long as short
Bybit ADAUSDT−0.048%+0.0100%8h$70.4M$106.8M75xas long as short
MEXC ADA_USDT−0.048%+0.0100%8h$52.7M$60.7M300xas long as short
Extended ADA-USD−0.044%+0.0104%1h$638K$1.5M50xas long as short
HTX ADA-USDT−0.033%+0.0100%8h$1.3M$4.5M75xas long as short
Reya ADARUSDPERP−0.017%+0.0297%1h$1K15xas long as short
OKX ADA-USDT-SWAP−0.007%+0.0100%8h$32.2M$102.3M50xas long as short
Bitget ADAUSDT−0.007%+0.0100%8h$63.2M$44.8M75xas long as short
BingX ADA-USDT−0.007%+0.0100%8h$17.4Mas long as short
Show all 36 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kalshi KXADAPERP−0.007%0.0000%8h$130K$5.4M3.2xas long as short
Orderly PERP_ADA_USDC−0.007%+0.0100%8h$6K$38K20xas long as short
GMX ADA/USD [WBTC.b-USDC]−0.004%L +0.0544% / S −0.0369%1h$107K100xas long as short
gTrade (Gains Network) ADA/USD−0.004%L +0.0005% / S −0.0003%1h$84K150xas long as short
Binance ADAUSDTlong0.000%+0.0100%8h$102.2M$339.8M75x
KuCoin ADAUSDTM+0.021%+0.0100%8h$30.5M$20.5M75xas long as short
Polymarket Perps ADA-USD+0.021%+0.0100%1h$94K$717K10xas long as short
SoDEX ADA-USD+0.025%+0.0100%1h$335$13K10xas long as short
Derive ADA-PERP+0.029%+0.0100%1h$40K$3K5xas long as short
Deribit ADA_USDC-PERPETUAL+0.034%+0.0037%1h$456K$356K50xas long as short
Coinbase International ADA-PERP-INTX+0.034%+0.0136%1h$453K$6.3M50xas long as short
Phemex ADAUSDT+0.034%+0.0100%8h$47.8M$5.7M50xas long as short
Backpack ADA_USDC_PERPshort+0.042%+0.0100%1h$102K$415K15x
Kraken Futures PF_ADAUSD+0.049%+0.0019%1h$6.0M$11.1M50xas long as short
Aster ADAUSDT+0.055%+0.0100%8h$1.1M$1.3M75xas long as short
SunX ADA-USDT+0.071%+0.0100%8h$9K$754K30xas long as short
Hyperliquid ADA+0.091%+0.0100%1h$41.7M$16.2M10xas long as short
Pacifica ADA+0.096%+0.0100%1h$149K$138K10xas long as short
Lighter ADA+0.112%+0.0096%1h$2.3M$1.0M10xas long as short
dYdX ADA-USD+0.136%+0.0015%1h$202K$2K10xas long as short
Paradex ADA-USD-PERP+0.169%+0.0100%8h$20K$25020xas long as short
Variational Omni ADA+0.355%+0.0100%8h$4.2M$979Kas long as short
edgeX ADAUSDC+0.363%+0.0100%4h$65K$352K20xas long as short
BloFin ADA-USDT+0.403%+0.0220%8h$4.5M$6.0M75xas long as short
ApeX Omni ADAUSDT+0.608%+0.0100%1h$92K$317K50xas long as short
Phoenix ADA+0.661%+0.0065%1h$4K$94K10xas long as short