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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against BloFin+0.077%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.164%−$16 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.077%, 7d avg −0.025%
Together, before fees−0.257%−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.025%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ADA-USDT0.24390.0220pay 0.0220% / 8h1h 28m$4.4M$5.8M75x
ShortHTX ADA-USDT0.24410.0100get 0.0100% / 8h1h 28m$1.3M$7.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$25.2
Price spread: +0.077% → −0.025%
$10.14
Slippage, 4 orders
−$23.36
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$62.42
Costs to cover
0.474%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; HTX: live order book, 5 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 BloFin live order book, 5 min ago6.15 bp12.1 bp −$1212.1 bp −$12117.3 bp −$1,72951.3 bp −$25.6K
Sell HTX live order book, 5 min ago1.66 bp13.0 bp −$1322.1 bp −$22154.2 bp −$5,415doesn'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
Kalshi KXADAPERP0.0000%8h0.2440+0.041%$200K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2438−0.058%$83K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.312%$849$202K12xas long as short
dYdX ADA-USD+0.0059%1h0.2437−0.078%$200K$2K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2440+0.041%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2439+0.005%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2442+0.103%$156K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2439−0.001%$102.6M$408.6M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2438−0.041%$72.3M$124.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2438−0.041%$32.4M$117.4M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2437−0.082%$99.6M$64.4M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2438−0.041%$52.8M$64.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2438−0.045%$29.4M$15.9M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2438−0.041%$66.3M$53.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.24390.000%$20.3Mas long as short
Variational Omni ADA+0.0100%8h0.2438−0.038%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2439+0.012%$65K$288K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2439+0.003%$291K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2442+0.123%$80K$891K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2441+0.074%$127K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2436−0.111%$39K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2443+0.165%$8K$761K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2439−0.021%$335$13K10xas long as short
HTX ADA-USDTshort+0.0100%8h0.2441+0.077%$1.3M$7.0M75x
Phemex ADAUSDT+0.0100%8h0.2438−0.041%$47.3M$7.5M50xas long as short
Extended ADA-USD+0.0104%1h0.2438−0.044%$512K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0106%8h0.2443+0.182%$20K$25020xas long as short
Lighter ADA+0.0112%1h0.2440+0.057%$2.4M$1.0M10xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2442+0.123%$380K$8.5M50xas long as short
Backpack ADA_USDC_PERP+0.0158%1h0.2439−0.021%$138K$483K15xas long as short
Phoenix ADA+0.0163%1h0.2440+0.029%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0171%1h0.2438−0.025%$6.3M$13.9M50xas long as short
BloFin ADA-USDTlong+0.0220%8h0.2439long leg$4.4M$5.8M75x
Hyperliquid ADA+0.0273%1h0.2440+0.029%$42.9M$18.2M10xas long as short
Reya ADARUSDPERP+0.0274%1h0.2438−0.040%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0570%1h0.2442+0.103%$624K$617K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.2438−0.038%$164K100xas long as short