After costs, if the gap returns to its 7d average, $10k−$314
spread now−0.142%7d average−0.004%fees + slippage, in and out−$301spread needed3.005%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ADAUSDT | 0.2448 | 0.0100 | pay 0.0100% / 8h | 46m 54s | $71.2M | $110.5M | 75x |
| Short | dYdX ADA-USD | 0.2445 | 0 | get 0.0000% / 1h | 46m 54s | $202K | $2K | 10x |
Bybit ADAUSDT
dYdX ADA-USDPrice 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
- −$14.23
- Funding while held
- −$3
- Slippage, 4 orders
- −$279.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$317.78
- Spread needed to break even
- 3.005%
Slippage from Bybit: live order book, 4 min ago; dYdX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Bybit live order book, 4 min ago | 2.03 bp | 7.5 bp −$8 | 13.0 bp −$130 | 43.4 bp −$4,339 | doesn't fit |
| Sell dYdX live order book, 4 min ago | 136.15 bp | 141.3 bp −$141 | 148.5 bp −$1,485 | 154.2 bp −$15.4K | 156.8 bp −$78.4K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapest
InjectivedYdX0.2445+0.846%
Coinbase International0.2445+0.866%Pacifica0.2445+0.877%Paradex0.2446+0.928%Kalshi0.2447+0.949%Variational Omni0.2447+0.957%Polymarket Perps0.2448+0.982%
Coinbase International
Pacifica
Paradex
Variational Omni
Polymarket PerpsBybit0.2448+0.990%
Extended0.2449+1.014%Gate0.2449+1.031%MEXC0.2449+1.031%BingX0.2449+1.031%Binance0.2449+1.043%Reya0.2450+1.058%OKX0.2450+1.073%Bitget0.2450+1.073%GMX0.2450+1.083%KuCoin0.2450+1.085%HTX0.2450+1.085%gTrade (Gains Network)0.2451+1.095%BloFin0.2451+1.114%SoDEX0.2452+1.134%Aster0.2452+1.148%Orderly0.2452+1.155%Phemex0.2452+1.155%Derive0.2453+1.189%Kraken Futures0.2453+1.193%SunX0.2453+1.196%Backpack0.2453+1.196%ApeX Omni0.2453+1.196%Deribit0.2453+1.200%Hyperliquid0.2453+1.209%Lighter0.2454+1.221%Phoenix0.2456+1.320%edgeX0.2458+1.390%
Extended
Gate
MEXC
BingX
Binance
Reya
OKX
Bitget
GMX
KuCoin
HTX
gTrade (Gains Network)
BloFin
SoDEX
Aster
Orderly
Phemex
Derive
Kraken Futures
SunX
Backpack
ApeX Omni
Deribit
Hyperliquid
Lighter
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 | −0.980% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| dYdX ADA-USDshort | −0.142% | 0.0000% | 1h | $202K | $2K | 10x | |
| Coinbase International ADA-PERP-INTX | −0.123% | +0.0120% | 1h | $432K | $6.8M | 50x | as long as short |
| Pacifica ADA | −0.112% | +0.0100% | 1h | $163K | $180K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.062% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | −0.041% | 0.0000% | 8h | $109K | $5.8M | 3.2x | as long as short |
| Variational Omni ADA | −0.033% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Polymarket Perps ADA-USD | −0.008% | +0.0100% | 1h | $93K | $726K | 10x | as long as short |
| Bybit ADAUSDTlong | 0.000% | +0.0100% | 8h | $71.2M | $110.5M | 75x | |
| Extended ADA-USD | +0.024% | +0.0104% | 1h | $615K | $1.6M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.041% | +0.0084% | 8h | $95.0M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.041% | +0.0100% | 8h | $52.2M | $62.1M | 300x | as long as short |
| BingX ADA-USDC | +0.041% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Binance ADAUSDT | +0.052% | +0.0100% | 8h | $102.9M | $361.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.067% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| OKX ADA-USDT-SWAP | +0.082% | +0.0100% | 8h | $32.5M | $107.1M | 50x | as long as short |
| Bitget ADAUSDT | +0.082% | +0.0100% | 8h | $64.5M | $47.0M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.092% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| KuCoin ADAUSDTM | +0.094% | +0.0100% | 8h | $30.4M | $21.0M | 75x | as long as short |
| HTX ADA-USDT | +0.094% | +0.0100% | 8h | $1.3M | $5.0M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.104% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| BloFin ADA-USDT | +0.123% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| SoDEX ADA-USD | +0.143% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Aster ADAUSDT | +0.157% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Orderly PERP_ADA_USDC | +0.163% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.163% | +0.0100% | 8h | $48.0M | $5.8M | 50x | as long as short |
| Derive ADA-PERP | +0.196% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Kraken Futures PF_ADAUSD | +0.201% | +0.0222% | 1h | $6.0M | $11.4M | 50x | as long as short |
| SunX ADA-USDT | +0.203% | +0.0100% | 8h | $9K | $796K | 30x | as long as short |
| Backpack ADA_USDC_PERP | +0.204% | +0.0100% | 1h | $103K | $421K | 15x | as long as short |
| ApeX Omni ADAUSDT | +0.204% | +0.0100% | 1h | $229K | $444K | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.208% | +0.0239% | 1h | $471K | $405K | 50x | as long as short |
| Hyperliquid ADA | +0.217% | +0.0100% | 1h | $42.1M | $15.9M | 10x | as long as short |
| Lighter ADA | +0.229% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.327% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| edgeX ADAUSDC | +0.396% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |