After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.011%7d average+0.036%fees + slippage, in and out−$50spread needed0.500%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ADA-PERP-INTX | 0.2448 | 0.0120 | pay 0.0015% / 1h | 59m 53s | $442K | $6.9M | 50x |
| Short | HTX ADA-USDT | 0.2448 | 0.0100 | get 0.0100% / 8h | 7h 59m | $1.3M | $5.2M | 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
- $1.06
- Funding while held
- −$0.6
- Slippage, 4 orders
- −$27.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$49.52
- Spread needed to break even
- 0.500%
Slippage from Coinbase International: live order book, 6 min ago; HTX: live order book, 1 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, 6 min ago | 4.08 bp | 10.5 bp −$11 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 2.00 bp | 11.0 bp −$11 | 29.2 bp −$292 | 54.6 bp −$5,464 | 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 | −0.980% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| Gate ADA_USDT | −0.123% | +0.0072% | 8h | $95.1M | $60.2M | 75x | as long as short |
| Variational Omni ADA | −0.102% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| KuCoin ADAUSDTM | −0.053% | +0.0100% | 8h | $30.0M | $21.2M | 75x | as long as short |
| Extended ADA-USD | −0.043% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Bybit ADAUSDT | −0.041% | +0.0100% | 8h | $71.3M | $111.9M | 75x | as long as short |
| MEXC ADA_USDT | −0.041% | +0.0100% | 8h | $51.6M | $64.4M | 300x | as long as short |
| BingX ADA-USDC | −0.041% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Phemex ADAUSDT | −0.041% | +0.0100% | 8h | $47.8M | $5.9M | 50x | as long as short |
| BloFin ADA-USDT | −0.041% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ADAUSDT | −0.029% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Binance ADAUSDT | −0.025% | +0.0100% | 8h | $101.7M | $366.7M | 75x | as long as short |
| SoDEX ADA-USD | −0.016% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.011% | L +0.0535% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| Backpack ADA_USDC_PERP | −0.004% | +0.0100% | 1h | $103K | $432K | 15x | as long as short |
| OKX ADA-USDT-SWAP | 0.000% | +0.0100% | 8h | $32.1M | $108.7M | 50x | as long as short |
| Bitget ADAUSDT | 0.000% | +0.0100% | 8h | $64.5M | $47.0M | 75x | as long as short |
| Orderly PERP_ADA_USDC | 0.000% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTXlong | 0.000% | +0.0120% | 1h | $442K | $6.9M | 50x | |
| Kraken Futures PF_ADAUSD | +0.006% | +0.0222% | 1h | $5.9M | $11.2M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.009% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Derive ADA-PERP | +0.009% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| HTX ADA-USDTshort | +0.011% | +0.0100% | 8h | $1.3M | $5.2M | 75x | |
| Reya ADARUSDPERP | +0.016% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.016% | +0.0118% | 1h | $469K | $423K | 50x | as long as short |
| dYdX ADA-USD | +0.025% | +0.0062% | 1h | $203K | $2K | 10x | as long as short |
| Lighter ADA | +0.029% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.029% | +0.0100% | 1h | $94K | $735K | 10x | as long as short |
| Pacifica ADA | +0.029% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| Hyperliquid ADA | +0.041% | +0.0100% | 1h | $42.1M | $16.3M | 10x | as long as short |
| Kalshi KXADAPERP | +0.041% | 0.0000% | 8h | $99K | $5.8M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.070% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.074% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| SunX ADA-USDT | +0.082% | +0.0100% | 8h | $9K | $808K | 30x | as long as short |
| ApeX Omni ADAUSDT | +0.123% | +0.0100% | 1h | $229K | $451K | 50x | as long as short |
| edgeX ADAUSDC | +0.202% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
Coinbase International ADA-PERP-INTX
HTX ADA-USDT
Injective
Gate
Variational Omni
KuCoin
Extended
Bybit
MEXC
BingX
Phemex
BloFin
Aster
Binance
SoDEX
GMX
Backpack
OKX
Bitget
Kraken Futures
gTrade (Gains Network)
Derive
Deribit
Lighter
Polymarket Perps
Pacifica
Hyperliquid
Paradex
Phoenix
SunX
ApeX Omni