After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.041%7d average−0.038%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ADA-USDT | 0.2441 | 0.0220 | pay 0.0220% / 8h | 59m 54s | $4.4M | $6.2M | 75x |
| Short | BingX ADA-USDT | 0.2440 | 0.0100 | get 0.0100% / 8h | 59m 54s | — | $18.2M | — |
BloFin ADA-USDT
BingX ADA-USDTPrice 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
- −$4.1
- Funding while held
- −$3.6
- Slippage, 4 orders
- −$9.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$38.87
- Spread needed to break even
- 0.312%
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 15 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 | 2.05 bp | 8.0 bp −$8 | 14.2 bp −$142 | 30.8 bp −$3,078 | 69.3 bp −$34.6K |
| Sell BingX live order book, 15 min ago | 2.07 bp | 7.1 bp −$7 | 7.1 bp −$71 | 12.4 bp −$1,245 | 30.5 bp −$15.2K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestExtended0.2439+0.612%Bybit0.2439+0.619%Gate0.2439+0.619%MEXC0.2439+0.619%dYdX0.2439+0.621%Variational Omni0.2439+0.624%Pacifica0.2440+0.647%Binance0.2440+0.653%SunX0.2440+0.658%OKX0.2440+0.660%KuCoin0.2440+0.660%Bitget0.2440+0.660%
Injective
Extended
Bybit
Gate
MEXC
dYdX
Variational Omni
Pacifica
Binance
SunX
OKX
KuCoin
BitgetBingX0.2440+0.660%
Orderly0.2440+0.660%Phemex0.2440+0.660%SoDEX0.2440+0.664%Kraken Futures0.2440+0.676%gTrade (Gains Network)0.2440+0.678%Backpack0.2440+0.681%Derive0.2441+0.683%Aster0.2441+0.688%GMX0.2441+0.694%HTX0.2441+0.698%Kalshi0.2441+0.701%Coinbase International0.2441+0.701%
Orderly
Phemex
SoDEX
Kraken Futures
gTrade (Gains Network)
Backpack
Derive
Aster
GMX
HTX
Coinbase InternationalBloFin0.2441+0.701%
Paradex0.2441+0.703%Hyperliquid0.2441+0.710%Deribit0.2442+0.722%Lighter0.2442+0.734%Reya0.2442+0.744%Polymarket Perps0.2442+0.763%edgeX0.2446+0.900%ApeX Omni0.2447+0.949%Phoenix0.2448+0.994%
Paradex
Hyperliquid
Deribit
Lighter
Reya
Polymarket Perps
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 | −0.696% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Extended ADA-USD | −0.088% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Bybit ADAUSDT | −0.082% | +0.0100% | 8h | $70.6M | $110.0M | 75x | as long as short |
| Gate ADA_USDT | −0.082% | +0.0076% | 8h | $94.1M | $57.9M | 75x | as long as short |
| MEXC ADA_USDT | −0.082% | +0.0100% | 8h | $51.0M | $62.7M | 300x | as long as short |
| dYdX ADA-USD | −0.080% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Variational Omni ADA | −0.077% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Pacifica ADA | −0.054% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| Binance ADAUSDT | −0.048% | +0.0100% | 8h | $102.4M | $356.1M | 75x | as long as short |
| SunX ADA-USDT | −0.043% | +0.0100% | 8h | $9K | $788K | 30x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | −0.041% | +0.0100% | 8h | $32.4M | $105.7M | 50x | as long as short |
| KuCoin ADAUSDTM | −0.041% | +0.0100% | 8h | $30.2M | $21.0M | 75x | as long as short |
| Bitget ADAUSDT | −0.041% | +0.0100% | 8h | $64.1M | $46.6M | 75x | as long as short |
| BingX ADA-USDTshort | −0.041% | +0.0100% | 8h | — | $18.2M | — | |
| Orderly PERP_ADA_USDC | −0.041% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | −0.041% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| SoDEX ADA-USD | −0.037% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.025% | −0.0069% | 1h | $6.0M | $11.4M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.023% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Backpack ADA_USDC_PERP | −0.020% | +0.0100% | 1h | $105K | $420K | 15x | as long as short |
| Derive ADA-PERP | −0.018% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Aster ADAUSDT | −0.013% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.007% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| HTX ADA-USDT | −0.004% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Kalshi KXADAPERP | 0.000% | 0.0000% | 8h | $137K | $5.7M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | 0.000% | +0.0136% | 1h | $421K | $6.8M | 50x | as long as short |
| BloFin ADA-USDTlong | 0.000% | +0.0220% | 8h | $4.4M | $6.2M | 75x | |
| Paradex ADA-USD-PERP | +0.002% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.008% | +0.0100% | 1h | $41.7M | $15.7M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.020% | +0.0119% | 1h | $463K | $398K | 50x | as long as short |
| Lighter ADA | +0.033% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Reya ADARUSDPERP | +0.042% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Polymarket Perps ADA-USD | +0.061% | +0.0100% | 1h | $94K | $723K | 10x | as long as short |
| edgeX ADAUSDC | +0.198% | +0.0100% | 4h | $65K | $354K | 20x | as long as short |
| ApeX Omni ADAUSDT | +0.246% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| Phoenix ADA | +0.291% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |