After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.371%7d average−0.037%fees + slippage, in and out−$55spread needed0.549%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ADA-USDT | 0.2426 | 0.0220 | pay 0.0220% / 8h | 6h 14m | $4.4M | $5.3M | 75x |
| Short | ApeX Omni ADAUSDT | 0.2435 | 0.0100 | get 0.0013% / 1h | 14m 49s | $228K | $453K | 50x |
BloFin ADA-USDT
ApeX Omni ADAUSDTPrice 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
- $37.1
- Funding while held
- −$3.6
- Slippage, 4 orders
- −$32.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$21.38
- Spread needed to break even
- 0.549%
Slippage from BloFin: live order book, 5 min ago; ApeX Omni: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0120%
- Per $10,000 a day
- −$3.60
- 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 BloFin live order book, 5 min ago | 4.11 bp | 10.1 bp −$10 | 10.5 bp −$105 | 24.1 bp −$2,408 | 57.7 bp −$28.8K |
| Sell ApeX Omni live order book, 24 min ago | 4.11 bp | 12.5 bp −$12 | 37.6 bp −$376 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapest
InjectiveBloFin0.2426+0.083%
HTX0.2427+0.121%Bybit0.2427+0.124%OKX0.2427+0.124%Gate0.2427+0.124%MEXC0.2427+0.124%Orderly0.2427+0.124%Phemex0.2427+0.124%Derive0.2427+0.143%SoDEX0.2427+0.144%dYdX0.2428+0.154%GMX0.2428+0.159%Paradex0.2428+0.161%Bitget0.2428+0.165%BingX0.2428+0.165%gTrade (Gains Network)0.2428+0.167%Pacifica0.2428+0.167%Reya0.2428+0.169%Binance0.2428+0.173%Aster0.2428+0.173%Polymarket Perps0.2428+0.177%Kraken Futures0.2428+0.180%KuCoin0.2429+0.186%Deribit0.2429+0.186%Extended0.2429+0.188%Lighter0.2429+0.194%SunX0.2429+0.205%Kalshi0.2429+0.206%Coinbase International0.2429+0.206%Backpack0.2429+0.215%Hyperliquid0.2429+0.219%Variational Omni0.2435+0.442%
HTX
Bybit
OKX
Gate
MEXC
Orderly
Phemex
Derive
SoDEX
dYdX
GMX
Paradex
Bitget
BingX
gTrade (Gains Network)
Pacifica
Reya
Binance
Aster
Polymarket Perps
Kraken Futures
KuCoin
Deribit
Extended
Lighter
SunX
Coinbase International
Backpack
Hyperliquid
Variational OmniApeX Omni0.2435+0.454%
edgeX0.2436+0.496%Phoenix0.2437+0.553%
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 | −0.082% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| BloFin ADA-USDTlong | 0.000% | +0.0220% | 8h | $4.4M | $5.3M | 75x | |
| HTX ADA-USDT | +0.039% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.041% | +0.0100% | 8h | $70.8M | $98.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.041% | +0.0100% | 8h | $32.2M | $101.5M | 50x | as long as short |
| Gate ADA_USDT | +0.041% | +0.0100% | 8h | $94.4M | $55.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.041% | +0.0100% | 8h | $51.6M | $60.5M | 300x | as long as short |
| Orderly PERP_ADA_USDC | +0.041% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.041% | +0.0100% | 8h | $47.4M | $5.3M | 50x | as long as short |
| Derive ADA-PERP | +0.061% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | +0.062% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
| dYdX ADA-USD | +0.071% | +0.0069% | 1h | $201K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.076% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Paradex ADA-USD-PERP | +0.079% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| Bitget ADAUSDT | +0.082% | +0.0100% | 8h | $64.2M | $41.7M | 75x | as long as short |
| BingX ADA-USDC | +0.082% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| gTrade (Gains Network) ADA/USD | +0.084% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Pacifica ADA | +0.085% | +0.0100% | 1h | $156K | $153K | 10x | as long as short |
| Reya ADARUSDPERP | +0.087% | +0.0292% | 1h | $1K | — | 15x | as long as short |
| Binance ADAUSDT | +0.090% | +0.0100% | 8h | $101.0M | $340.3M | 75x | as long as short |
| Aster ADAUSDT | +0.090% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.095% | +0.0100% | 1h | $92K | $726K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.097% | +0.0355% | 1h | $6.1M | $10.6M | 50x | as long as short |
| KuCoin ADAUSDTM | +0.103% | +0.0100% | 8h | $29.9M | $17.6M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.103% | +0.0451% | 1h | $474K | $383K | 50x | as long as short |
| Extended ADA-USD | +0.106% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Lighter ADA | +0.111% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| SunX ADA-USDT | +0.123% | +0.0100% | 8h | $9K | $749K | 30x | as long as short |
| Kalshi KXADAPERP | +0.124% | 0.0000% | 8h | $150K | $5.8M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.124% | +0.0080% | 1h | $473K | $6.8M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.132% | +0.0100% | 1h | $102K | $408K | 15x | as long as short |
| Hyperliquid ADA | +0.136% | +0.0100% | 1h | $42.8M | $13.6M | 10x | as long as short |
| Variational Omni ADA | +0.359% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDTshort | +0.371% | +0.0100% | 1h | $228K | $453K | 50x | |
| edgeX ADAUSDC | +0.413% | +0.0100% | 4h | $65K | $279K | 20x | as long as short |
| Phoenix ADA | +0.470% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |