After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.004%7d average+0.042%fees + slippage, in and out−$43spread needed0.435%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ADA-PERP-INTX | 0.2446 | 0.0120 | pay 0.0015% / 1h | 15m 48s | $445K | $6.9M | 50x |
| Short | Aster ADAUSDT | 0.2446 | 0.0100 | get 0.0100% / 8h | 15m 48s | $1.1M | $1.4M | 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
- $0.38
- Funding while held
- −$0.6
- Slippage, 4 orders
- −$25.46
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$43.68
- Spread needed to break even
- 0.435%
Slippage from Coinbase International: live order book, 5 min ago; Aster: live order book, 4 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, 5 min ago | 4.10 bp | 13.0 bp −$13 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Aster live order book, 4 min ago | 2.05 bp | 12.8 bp −$13 | 26.6 bp −$266 | 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 | −0.899% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.459% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
| ApeX Omni ADAUSDT | −0.123% | +0.0100% | 1h | $228K | $449K | 50x | as long as short |
| Variational Omni ADA | −0.111% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| BloFin ADA-USDT | −0.082% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
| Gate ADA_USDT | −0.041% | +0.0065% | 8h | $94.7M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | −0.041% | +0.0100% | 8h | $52.1M | $63.9M | 300x | as long as short |
| 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 |
| KuCoin ADAUSDTM | −0.033% | +0.0100% | 8h | $30.2M | $21.1M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ADA/USD [WBTC.b-USDC] | −0.032% | L +0.0534% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| Backpack ADA_USDC_PERP | −0.029% | +0.0100% | 1h | $103K | $431K | 15x | as long as short |
| Phoenix ADA | −0.029% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Pacifica ADA | −0.027% | +0.0100% | 1h | $161K | $181K | 10x | as long as short |
| SoDEX ADA-USD | −0.020% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.018% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Derive ADA-PERP | −0.015% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Reya ADARUSDPERP | −0.011% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| Extended ADA-USD | −0.010% | +0.0104% | 1h | $607K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.004% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| SunX ADA-USDT | −0.001% | +0.0100% | 8h | $9K | $806K | 30x | as long as short |
| Bitget ADAUSDT | 0.000% | +0.0100% | 8h | $64.6M | $47.0M | 75x | as long as short |
| BingX ADA-USDT | 0.000% | +0.0100% | 8h | — | $18.5M | — | as long as short |
| Coinbase International ADA-PERP-INTXlong | 0.000% | +0.0120% | 1h | $445K | $6.9M | 50x | |
| Kraken Futures PF_ADAUSD | +0.004% | +0.0222% | 1h | $5.9M | $11.3M | 50x | as long as short |
| Aster ADAUSDTshort | +0.004% | +0.0100% | 8h | $1.1M | $1.4M | 75x | |
| HTX ADA-USDT | +0.018% | +0.0100% | 8h | $1.3M | $5.2M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.033% | +0.0100% | 1h | $93K | $732K | 10x | as long as short |
| dYdX ADA-USD | +0.033% | +0.0083% | 1h | $202K | $2K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.037% | +0.0077% | 1h | $469K | $422K | 50x | as long as short |
| Bybit ADAUSDT | +0.041% | +0.0100% | 8h | $71.0M | $112.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.041% | +0.0100% | 8h | $32.0M | $108.2M | 50x | as long as short |
| Binance ADAUSDT | +0.056% | +0.0100% | 8h | $101.5M | $366.0M | 75x | as long as short |
| Hyperliquid ADA | +0.098% | +0.0100% | 1h | $42.1M | $16.3M | 10x | as long as short |
| Lighter ADA | +0.119% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Kalshi KXADAPERP | +0.123% | 0.0000% | 8h | $110K | $5.8M | 3.2x | as long as short |
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Injective
ApeX Omni
Variational Omni
BloFin
Gate
MEXC
Phemex
KuCoin
GMX
Backpack
Phoenix
Pacifica
SoDEX
Paradex
Derive
Extended
gTrade (Gains Network)
SunX
Bitget
BingX
Kraken Futures
HTX
Polymarket Perps
Deribit
Bybit
OKX
Binance
Hyperliquid
Lighter