After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.327%7d average+0.033%fees + slippage, in and out−$46spread needed0.458%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ADA-PERP-INTX | 0.2445 | 0.0120 | pay 0.0015% / 1h | 46m 27s | $432K | $6.8M | 50x |
| Short | ApeX Omni ADAUSDT | 0.2453 | 0.0100 | get 0.0013% / 1h | 46m 27s | $229K | $444K | 50x |
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
- $32.72
- Funding while held
- −$0.6
- Slippage, 4 orders
- −$25.85
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$13.73
- Spread needed to break even
- 0.458%
Slippage from Coinbase International: live order book, 4 min ago; ApeX Omni: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.60
- 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 Coinbase International live order book, 4 min ago | 6.10 bp | 11.8 bp −$12 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 2.04 bp | 11.0 bp −$11 | 42.5 bp −$425 | doesn't fit | 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% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| Coinbase International ADA-PERP-INTXlong | 0.000% | +0.0120% | 1h | $432K | $6.8M | 50x | |
| Kalshi KXADAPERP | +0.082% | 0.0000% | 8h | $109K | $5.8M | 3.2x | as long as short |
| Variational Omni ADA | +0.090% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Bybit ADAUSDT | +0.123% | +0.0100% | 8h | $71.2M | $110.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.128% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| OKX ADA-USDT-SWAP | +0.164% | +0.0100% | 8h | $32.5M | $107.1M | 50x | as long as short |
| Bitget ADAUSDT | +0.164% | +0.0100% | 8h | $64.5M | $47.0M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.180% | +0.0100% | 1h | $93K | $726K | 10x | as long as short |
| Extended ADA-USD | +0.189% | +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 | +0.204% | +0.0086% | 8h | $95.0M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.204% | +0.0100% | 8h | $52.3M | $62.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.209% | +0.0100% | 8h | $30.4M | $21.0M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.214% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| HTX ADA-USDT | +0.217% | +0.0100% | 8h | $1.3M | $5.0M | 75x | as long as short |
| Binance ADAUSDT | +0.221% | +0.0100% | 8h | $102.9M | $361.5M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.227% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Aster ADAUSDT | +0.237% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Hyperliquid ADA | +0.237% | +0.0100% | 1h | $42.1M | $15.9M | 10x | as long as short |
| dYdX ADA-USD | +0.237% | 0.0000% | 1h | $203K | $2K | 10x | as long as short |
| BingX ADA-USDT | +0.245% | +0.0100% | 8h | — | $18.3M | — | as long as short |
| BloFin ADA-USDT | +0.245% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.249% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Pacifica ADA | +0.258% | +0.0100% | 1h | $164K | $180K | 10x | as long as short |
| SoDEX ADA-USD | +0.266% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.286% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.286% | +0.0100% | 8h | $48.0M | $5.8M | 50x | as long as short |
| Derive ADA-PERP | +0.319% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Kraken Futures PF_ADAUSD | +0.324% | +0.0222% | 1h | $6.0M | $11.4M | 50x | as long as short |
| SunX ADA-USDT | +0.326% | +0.0100% | 8h | $9K | $796K | 30x | as long as short |
| Lighter ADA | +0.327% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.327% | +0.0100% | 1h | $103K | $421K | 15x | as long as short |
| ApeX Omni ADAUSDTshort | +0.327% | +0.0100% | 1h | $229K | $444K | 50x | |
| Deribit ADA_USDC-PERPETUAL | +0.331% | +0.0239% | 1h | $471K | $405K | 50x | as long as short |
| Phoenix ADA | +0.450% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| edgeX ADAUSDC | +0.519% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
Coinbase International ADA-PERP-INTX
ApeX Omni ADAUSDT
Injective
Variational Omni
Bybit
OKX
Bitget
Polymarket Perps
Extended
Gate
MEXC
KuCoin
GMX
HTX
Binance
gTrade (Gains Network)
Aster
Hyperliquid
BingX
BloFin
Paradex
Pacifica
SoDEX
Phemex
Derive
Kraken Futures
SunX
Lighter
Backpack
Deribit
Phoenix