Spread before costs (cost unknown: a leg has no order-book sample)+0.414%
7d average−0.355%if it closes, per $10,000$41funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ADAUSDT | 0.2414 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $63.8M | $41.8M | 75x |
| Short | Injective ADA/USDC PERP | 0.2424 | 0.0033 | get 0.0004% / 1h | 55m 43s | $832 | $66K | 12x |
Price 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
- $41.43
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $27.41
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 Bitget live order book, 5 min ago | 2.07 bp | 11.8 bp −$12 | 16.7 bp −$167 | 32.2 bp −$3,216 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | −0.290% | +0.0100% | 8h | $94.1M | $55.2M | 75x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.290% | +0.0072% | 1h | $467K | $6.7M | 50x | as long as short |
| Aster ADAUSDT | −0.278% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.226% | L +0.0517% / S −0.0276% | 1h | $111K | — | 100x | as long as short |
| Reya ADARUSDPERP | −0.225% | +0.0291% | 1h | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | −0.211% | +0.0100% | 1h | $101K | $409K | 15x | as long as short |
| SoDEX ADA-USD | −0.207% | +0.0100% | 1h | $331 | $13K | 10x | as long as short |
| Phemex ADAUSDT | −0.207% | +0.0100% | 8h | $47.0M | $5.1M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.206% | L +0.0005% / S −0.0003% | 1h | $82K | — | 150x | as long as short |
| Polymarket Perps ADA-USD | −0.191% | +0.0100% | 1h | $90K | $726K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid ADA | −0.186% | +0.0100% | 1h | $42.0M | $13.8M | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.181% | +0.0264% | 1h | $6.1M | $10.7M | 50x | as long as short |
| Variational Omni ADA | −0.177% | +0.0100% | 8h | $4.1M | $1.0M | — | as long as short |
| dYdX ADA-USD | −0.170% | 0.0000% | 1h | $199K | $2K | 10x | as long as short |
| SunX ADA-USDT | −0.166% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Derive ADA-PERP | −0.154% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.141% | +0.0331% | 1h | $471K | $377K | 50x | as long as short |
| Bybit ADAUSDT | −0.124% | +0.0100% | 8h | $69.3M | $99.6M | 75x | as long as short |
| ApeX Omni ADAUSDT | −0.124% | +0.0100% | 1h | $226K | $454K | 50x | as long as short |
| Kalshi KXADAPERP | −0.124% | 0.0000% | 8h | $153K | $5.9M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.124% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| BloFin ADA-USDT | −0.124% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
| Pacifica ADA | −0.115% | +0.0100% | 1h | $155K | $154K | 10x | as long as short |
| HTX ADA-USDT | −0.105% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Binance ADAUSDT | −0.095% | +0.0100% | 8h | $100.2M | $342.6M | 75x | as long as short |
| MEXC ADA_USDT | −0.041% | +0.0100% | 8h | $51.0M | $56.9M | 300x | as long as short |
| edgeX ADAUSDC | −0.036% | +0.0100% | 4h | $64K | $277K | 20x | as long as short |
| Lighter ADA | −0.033% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Phoenix ADA | −0.025% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
| KuCoin ADAUSDTM | 0.000% | +0.0100% | 8h | $29.7M | $17.7M | 75x | as long as short |
| Bitget ADAUSDTlong | 0.000% | +0.0100% | 8h | $63.8M | $41.8M | 75x | |
| BingX ADA-USDT | 0.000% | +0.0100% | 8h | — | $18.9M | — | as long as short |
| Extended ADA-USD | +0.020% | +0.0104% | 1h | $598K | $1.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.040% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| OKX ADA-USDT-SWAP | +0.041% | +0.0100% | 8h | $31.7M | $102.0M | 50x | as long as short |
| Injective ADA/USDC PERPshort | +0.414% | +0.0033% | 1h | $832 | $66K | 12x |
Bitget ADAUSDT
Injective ADA/USDC PERP
Gate
Coinbase International
Aster
GMX
Backpack
SoDEX
Phemex
gTrade (Gains Network)
Polymarket Perps
Hyperliquid
Kraken Futures
Variational Omni
SunX
Derive
Deribit
Bybit
ApeX Omni
BloFin
Pacifica
HTX
Binance
MEXC
Lighter
Phoenix
KuCoin
BingX
Extended
Paradex
OKX