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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%
Price spread now: Extended against Bitget−0.042%7-day average −0.023% · you buy dearer than you sell
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−$290.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.042%, 7d avg −0.023%
Together, before fees−0.020%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ADAUSDT0.24800.0100pay 0.0100% / 8h7h 11m$67.0M$44.9M75x
ShortExtended ADA-USD0.24790.0104get 0.0013% / 1h11m 43s$542K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.042% → −0.023%
−$1.93
Slippage, 4 orders
−$12.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$30.12
Costs to cover
0.290%
Break-even
258.0 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago2.01 bp8.0 bp −$811.8 bp −$11829.0 bp −$2,898101.8 bp −$50.9K
Sell Extended live order book, 2 min ago2.01 bp4.5 bp −$57.1 bp −$71doesn't fitdoesn't fit

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%1h0.2478−0.068%$204K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2479−0.040%$203K$6.2M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2479−0.028%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.363%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2478−0.081%$426K$7.4M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2479−0.024%$6.3M$11.8M50xas long as short
Phoenix ADA+0.0098%1h0.2475−0.218%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2481+0.040%$1.2M$956K75xas long as short
Pacifica ADA+0.0100%1h0.2479−0.032%$159K$150K10xas long as short
Binance ADAUSDT+0.0100%8h0.2478−0.066%$103.4M$367.6M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2477−0.121%$72.7M$105.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2479−0.040%$32.8M$107.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2478−0.081%$99.0M$59.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2478−0.081%$54.3M$52.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2479−0.036%$30.5M$17.8M75xas long as short
Bitget ADAUSDTlong+0.0100%8h0.2480long leg$67.0M$44.9M75x
BingX ADA-USDC+0.0100%8h0.24800.000%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2480−0.016%$138K$416K15xas long as short
Variational Omni ADA+0.0100%8h0.2474−0.237%$4.3M$968Kas long as short
edgeX ADAUSDC+0.0100%4h0.2480+0.019%$66K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2482+0.077%$294K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2485+0.202%$56K$585K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2482+0.081%$95K$649K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.24800.000%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2480+0.011%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2481+0.039%$9K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2480+0.004%$341$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2479−0.034%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.24800.000%$48.4M$5.7M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2479−0.042%$542K$1.8M50x
Paradex ADA-USD-PERP+0.0105%8h0.2481+0.038%$21K$25020xas long as short
Lighter ADA+0.0192%1h0.2480+0.008%$2.5M$1.1M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2485+0.202%$4.4M$5.6M75xas long as short
Hyperliquid ADA+0.0242%1h0.2482+0.065%$43.3M$14.3M10xas long as short
Reya ADARUSDPERP+0.0282%1h0.2479−0.039%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0629% / S −0.0393%1h0.2479−0.027%$143K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.1888%1h0.2484+0.161%$504K$445K50xas long as short