After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.041%7d average−0.021%fees + slippage, in and out−$44spread needed0.443%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ADAUSDT | 0.2445 | 0.0100 | pay 0.0100% / 8h | 1h 05m | $70.7M | $109.6M | 75x |
| Short | Gate ADA_USDT | 0.2444 | 0.0074 | get 0.0074% / 8h | 1h 05m | $94.0M | $57.4M | 75x |
Price 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
- −$4.09
- Funding while held
- −$0.78
- Slippage, 4 orders
- −$18.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.2
- Spread needed to break even
- 0.443%
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0026%
- Per $10,000 a day
- −$0.78
- 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, 5 min ago | 2.06 bp | 7.6 bp −$8 | 11.3 bp −$113 | 36.9 bp −$3,686 | 162.2 bp −$81.1K |
| Sell Gate live order book, 5 min ago | 2.06 bp | 16.3 bp −$16 | 25.7 bp −$257 | 108.6 bp −$10.9K | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.859% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.336% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| Phoenix ADA | −0.299% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Extended ADA-USD | −0.213% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Paradex ADA-USD-PERP | −0.187% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| dYdX ADA-USD | −0.163% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADA | −0.148% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| Lighter ADA | −0.139% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Aster ADAUSDT | −0.123% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Polymarket Perps ADA-USD | −0.106% | +0.0100% | 1h | $93K | $722K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ADARUSDPERP | −0.085% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Bitget ADAUSDT | −0.082% | +0.0100% | 8h | $64.0M | $46.2M | 75x | as long as short |
| Gate ADA_USDTshort | −0.041% | +0.0074% | 8h | $94.0M | $57.4M | 75x | |
| MEXC ADA_USDT | −0.041% | +0.0100% | 8h | $51.5M | $62.4M | 300x | as long as short |
| KuCoin ADAUSDTM | −0.037% | +0.0100% | 8h | $30.2M | $20.8M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | 0.000% | L +0.0542% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| Bybit ADAUSDTlong | 0.000% | +0.0100% | 8h | $70.7M | $109.6M | 75x | |
| BingX ADA-USDC | 0.000% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| ApeX Omni ADAUSDT | 0.000% | +0.0100% | 1h | $152K | $395K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.013% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Hyperliquid ADA | +0.020% | +0.0100% | 1h | $41.8M | $15.7M | 10x | as long as short |
| Binance ADAUSDT | +0.032% | +0.0100% | 8h | $101.9M | $353.5M | 75x | as long as short |
| SoDEX ADA-USD | +0.041% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Variational Omni ADA | +0.043% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| OKX ADA-USDT-SWAP | +0.082% | +0.0100% | 8h | $32.4M | $105.5M | 50x | as long as short |
| Orderly PERP_ADA_USDC | +0.082% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Backpack ADA_USDC_PERP | +0.094% | +0.0100% | 1h | $104K | $417K | 15x | as long as short |
| Kalshi KXADAPERP | +0.123% | 0.0000% | 8h | $137K | $5.5M | 3.2x | as long as short |
| Phemex ADAUSDT | +0.123% | +0.0100% | 8h | $47.9M | $5.8M | 50x | as long as short |
| BloFin ADA-USDT | +0.123% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.163% | −0.0069% | 1h | $6.0M | $11.2M | 50x | as long as short |
| HTX ADA-USDT | +0.166% | +0.0100% | 8h | $1.3M | $4.7M | 75x | as long as short |
| Derive ADA-PERP | +0.205% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.213% | +0.0158% | 1h | $465K | $394K | 50x | as long as short |
| SunX ADA-USDT | +0.245% | +0.0100% | 8h | $9K | $779K | 30x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.286% | +0.0136% | 1h | $439K | $6.8M | 50x | as long as short |
Bybit ADAUSDT
Gate ADA_USDT
Injective
Phoenix
Extended
Paradex
Pacifica
Lighter
Aster
Polymarket Perps
Bitget
MEXC
KuCoin
GMX
BingX
ApeX Omni
gTrade (Gains Network)
Hyperliquid
Binance
SoDEX
Variational Omni
OKX
Backpack
Phemex
BloFin
Kraken Futures
HTX
Derive
Deribit
SunX
Coinbase International