Settings8H · net · $10k
Funding arb · Price arb /

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against BingX+0.025%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.025% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ADA-USDC0.24640.0100pay 0.0100% / 8h7h 35m$6.6M
ShortParadex ADA-USD-PERP0.24650.0101get 0.0101% / 8h7h 35m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BingX. 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

Funding earned
$0.18
Price spread: +0.025% → 0.000%
$2.52
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.3
Costs to cover
0.140%
Break-even
453.9 days
Slippage unknown: BingX: live order book, 1 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago4.06 bp11.9 bp −$1222.5 bp −$22579.2 bp −$7,918459.1 bp −$229.5K
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2463−0.056%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2463−0.041%$189K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2461−0.140%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.284%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2455−0.365%$412K$7.2M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2462−0.078%$6.2M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2465+0.045%$2.5M$1.1M10xas long as short
Phoenix ADA+0.0098%1h0.2454−0.414%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.24640.000%$1.2M$946K75xas long as short
Pacifica ADA+0.0100%1h0.2464−0.019%$158K$145K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2462−0.071%$102.0M$364.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2460−0.162%$72.0M$103.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2461−0.122%$32.5M$106.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2463−0.041%$97.8M$58.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.24640.000%$52.9M$51.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2464−0.020%$30.2M$17.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2460−0.162%$66.1M$43.9M75xas long as short
BingX ADA-USDClong+0.0100%8h0.2464long leg$6.6M
Backpack ADA_USDC_PERP+0.0100%1h0.2463−0.032%$117K$416K15xas long as short
Variational Omni ADA+0.0100%8h0.2460−0.158%$4.2M$942Kas long as short
edgeX ADAUSDC+0.0100%4h0.2452−0.472%$65K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.446%$296K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2456−0.325%$56K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2460−0.166%$93K$645K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2461−0.122%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2462−0.069%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2463−0.041%$9K$763K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2462−0.073%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2463−0.060%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2461−0.122%$48.1M$5.9M50xas long as short
Paradex ADA-USD-PERPshort+0.0101%8h0.2465+0.025%$21K$25020x
Extended ADA-USD+0.0104%1h0.2463−0.021%$554K$1.8M50xas long as short
Hyperliquid ADA+0.0111%1h0.2464+0.012%$42.9M$14.3M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2456−0.325%$4.4M$5.5M75xas long as short
Reya ADARUSDPERP+0.0283%1h0.2460−0.181%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0400%1h0.2462−0.061%$495K$435K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0625% / S −0.0393%1h0.2460−0.147%$142K100xas long as short