After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.082%7d average+0.002%fees + slippage, in and out−$41spread needed0.405%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ADA-USDC | 0.2438 | 0.0100 | pay 0.0100% / 8h | 7h 28m | — | $6.5M | — |
| Short | Polymarket Perps ADA-USD | 0.2440 | 0.0100 | get 0.0013% / 1h | 28m 04s | $93K | $738K | 10x |
BingX ADA-USDC
Polymarket Perps ADA-USDPrice 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
- $8.2
- Funding while held
- $0
- Slippage, 4 orders
- −$22.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$32.3
- Spread needed to break even
- 0.405%
Slippage from BingX: live order book, 15 min ago; Polymarket Perps: live order book, 16 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 15 min ago | 4.06 bp | 16.0 bp −$16 | 25.4 bp −$254 | 83.2 bp −$8,319 | 647.1 bp −$323.6K |
| Sell Polymarket Perps live order book, 16 min ago | 3.46 bp | 7.5 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestGate0.2436+0.495%Bybit0.2437+0.536%SoDEX0.2437+0.557%Extended0.2438+0.560%OKX0.2438+0.578%MEXC0.2438+0.578%Bitget0.2438+0.578%
Injective
Gate
Bybit
SoDEX
Extended
OKX
MEXC
BitgetBingX0.2438+0.578%
Orderly0.2438+0.578%Coinbase International0.2438+0.578%Binance0.2438+0.594%Pacifica0.2438+0.594%Backpack0.2438+0.594%dYdX0.2438+0.595%Derive0.2439+0.599%Aster0.2439+0.605%KuCoin0.2439+0.611%Lighter0.2439+0.619%Deribit0.2439+0.619%Phemex0.2439+0.619%BloFin0.2439+0.619%Hyperliquid0.2439+0.623%GMX0.2440+0.642%Kraken Futures0.2440+0.643%Paradex0.2440+0.650%Kalshi0.2440+0.660%
Orderly
Coinbase International
Binance
Pacifica
Backpack
dYdX
Derive
Aster
KuCoin
Lighter
Deribit
Phemex
BloFin
Hyperliquid
GMX
Kraken Futures
ParadexPolymarket Perps0.2440+0.660%
gTrade (Gains Network)0.2440+0.670%Reya0.2440+0.678%HTX0.2442+0.724%Variational Omni0.2442+0.727%SunX0.2442+0.741%ApeX Omni0.2444+0.825%edgeX0.2446+0.902%Phoenix0.2447+0.928%
gTrade (Gains Network)
Reya
HTX
Variational Omni
SunX
ApeX Omni
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.574% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Gate ADA_USDT | −0.082% | +0.0100% | 8h | $94.9M | $56.7M | 75x | as long as short |
| Bybit ADAUSDT | −0.041% | +0.0100% | 8h | $71.1M | $109.8M | 75x | as long as short |
| SoDEX ADA-USD | −0.021% | +0.0100% | 1h | $714 | $13K | 10x | as long as short |
| Extended ADA-USD | −0.018% | +0.0104% | 1h | $600K | $1.7M | 50x | as long as short |
| OKX ADA-USDT-SWAP | 0.000% | +0.0100% | 8h | $32.2M | $108.8M | 50x | as long as short |
| MEXC ADA_USDT | 0.000% | +0.0100% | 8h | $51.8M | $63.4M | 300x | as long as short |
| Bitget ADAUSDT | 0.000% | +0.0100% | 8h | $64.6M | $46.8M | 75x | as long as short |
| BingX ADA-USDClong | 0.000% | +0.0100% | 8h | — | $6.5M | — | |
| Orderly PERP_ADA_USDC | 0.000% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International ADA-PERP-INTX | 0.000% | +0.0112% | 1h | $487K | $7.2M | 50x | as long as short |
| Binance ADAUSDT | +0.016% | +0.0100% | 8h | $101.6M | $365.6M | 75x | as long as short |
| Pacifica ADA | +0.016% | +0.0100% | 1h | $159K | $177K | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.016% | +0.0100% | 1h | $103K | $430K | 15x | as long as short |
| dYdX ADA-USD | +0.018% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Derive ADA-PERP | +0.021% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Aster ADAUSDT | +0.028% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| KuCoin ADAUSDTM | +0.033% | +0.0100% | 8h | $30.1M | $20.7M | 75x | as long as short |
| Lighter ADA | +0.041% | +0.0096% | 1h | $2.2M | $1.0M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.041% | +0.0406% | 1h | $468K | $408K | 50x | as long as short |
| Phemex ADAUSDT | +0.041% | +0.0100% | 8h | $47.6M | $6.0M | 50x | as long as short |
| BloFin ADA-USDT | +0.041% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| Hyperliquid ADA | +0.045% | +0.0112% | 1h | $42.6M | $16.9M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.064% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Kraken Futures PF_ADAUSD | +0.065% | +0.0140% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.072% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.082% | 0.0000% | 8h | $83K | $5.8M | 3.2x | as long as short |
| Polymarket Perps ADA-USDshort | +0.082% | +0.0100% | 1h | $93K | $738K | 10x | |
| gTrade (Gains Network) ADA/USD | +0.092% | L +0.0005% / S −0.0003% | 1h | $86K | — | 150x | as long as short |
| Reya ADARUSDPERP | +0.100% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| HTX ADA-USDT | +0.146% | +0.0100% | 8h | $1.3M | $5.1M | 75x | as long as short |
| Variational Omni ADA | +0.149% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| SunX ADA-USDT | +0.162% | +0.0100% | 8h | $9K | $801K | 30x | as long as short |
| ApeX Omni ADAUSDT | +0.246% | +0.0100% | 1h | $228K | $452K | 50x | as long as short |
| edgeX ADAUSDC | +0.323% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| Phoenix ADA | +0.349% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |