After costs, if the gap returns to its 7d average, $10k−$26
spread now+0.230%7d average+0.016%fees + slippage, in and out−$47spread needed0.470%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ADAUSDT | 0.2447 | 0.0100 | pay 0.0100% / 8h | 54m 26s | $64.3M | $46.7M | 75x |
| Short | Kraken Futures PF_ADAUSD | 0.2453 | 0.0222 | get 0.0028% / 1h | 54m 26s | $6.0M | $11.4M | 50x |
Bitget ADAUSDT
Kraken Futures PF_ADAUSDPrice 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
- $23
- Funding while held
- $3.66
- Slippage, 4 orders
- −$25.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$20.38
- Spread needed to break even
- 0.470%
Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0122%
- Per $10,000 a day
- +$3.66
- 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, 1 min ago | 2.04 bp | 10.8 bp −$11 | 13.8 bp −$138 | 34.5 bp −$3,445 | 135.9 bp −$67.9K |
| Sell Kraken Futures live order book, 1 min ago | 0.20 bp | 11.6 bp −$12 | 16.9 bp −$169 | 59.7 bp −$5,971 | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestedgeX0.2441+0.684%ApeX Omni0.2442+0.743%gTrade (Gains Network)0.2445+0.861%BingX0.2445+0.866%Bybit0.2446+0.908%OKX0.2446+0.908%Orderly0.2446+0.908%Variational Omni0.2446+0.913%
Injective
ApeX Omni
gTrade (Gains Network)
BingX
Bybit
OKX
Orderly
Variational OmniBitget0.2447+0.949%
GMX0.2447+0.963%Binance0.2447+0.963%Reya0.2448+0.971%Polymarket Perps0.2448+0.982%Phoenix0.2448+0.990%KuCoin0.2448+1.007%Extended0.2449+1.027%Hyperliquid0.2449+1.027%MEXC0.2449+1.031%Gate0.2450+1.073%BloFin0.2450+1.073%Paradex0.2451+1.125%Aster0.2451+1.133%dYdX0.2452+1.140%HTX0.2452+1.151%Pacifica0.2452+1.151%Coinbase International0.2452+1.155%Phemex0.2452+1.155%Backpack0.2452+1.163%SoDEX0.2452+1.167%Lighter0.2453+1.180%
GMX
Binance
Reya
Polymarket Perps
Phoenix
KuCoin
Extended
Hyperliquid
MEXC
Gate
BloFin
Paradex
Aster
dYdX
HTX
Pacifica
Coinbase International
Phemex
Backpack
SoDEX
LighterKraken Futures0.2453+1.181%
Derive0.2453+1.194%SunX0.2453+1.195%Deribit0.2453+1.213%Kalshi0.2454+1.238%
Derive
SunX
DeribitADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.940% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.262% | +0.0100% | 4h | $65K | $275K | 20x | as long as short |
| ApeX Omni ADAUSDT | −0.204% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.087% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| BingX ADA-USDC | −0.082% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Bybit ADAUSDT | −0.041% | +0.0100% | 8h | $70.9M | $110.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.041% | +0.0100% | 8h | $32.5M | $106.2M | 50x | as long as short |
| Orderly PERP_ADA_USDC | −0.041% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Variational Omni ADA | −0.036% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Bitget ADAUSDTlong | 0.000% | +0.0100% | 8h | $64.3M | $46.7M | 75x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ADA/USD [WBTC.b-USDC] | +0.014% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| Binance ADAUSDT | +0.014% | +0.0100% | 8h | $102.9M | $357.1M | 75x | as long as short |
| Reya ADARUSDPERP | +0.022% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Polymarket Perps ADA-USD | +0.033% | +0.0100% | 1h | $94K | $724K | 10x | as long as short |
| Phoenix ADA | +0.041% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| KuCoin ADAUSDTM | +0.057% | +0.0100% | 8h | $30.3M | $21.0M | 75x | as long as short |
| Extended ADA-USD | +0.077% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Hyperliquid ADA | +0.078% | +0.0100% | 1h | $41.9M | $15.7M | 10x | as long as short |
| MEXC ADA_USDT | +0.082% | +0.0100% | 8h | $51.6M | $61.5M | 300x | as long as short |
| Gate ADA_USDT | +0.123% | +0.0079% | 8h | $94.5M | $57.0M | 75x | as long as short |
| BloFin ADA-USDT | +0.123% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.174% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Aster ADAUSDT | +0.182% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| dYdX ADA-USD | +0.189% | 0.0000% | 1h | $203K | $2K | 10x | as long as short |
| HTX ADA-USDT | +0.200% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Pacifica ADA | +0.201% | +0.0100% | 1h | $160K | $176K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.204% | +0.0120% | 1h | $434K | $6.9M | 50x | as long as short |
| Phemex ADAUSDT | +0.204% | +0.0100% | 8h | $48.0M | $5.8M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.213% | +0.0100% | 1h | $103K | $422K | 15x | as long as short |
| SoDEX ADA-USD | +0.217% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Lighter ADA | +0.229% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.230% | +0.0222% | 1h | $6.0M | $11.4M | 50x | |
| Derive ADA-PERP | +0.243% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.244% | +0.0100% | 8h | $9K | $789K | 30x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.262% | +0.0035% | 1h | $472K | $404K | 50x | as long as short |
| Kalshi KXADAPERP | +0.286% | 0.0000% | 8h | $133K | $5.7M | 3.2x | as long as short |