After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.090%7d average+0.019%fees + slippage, in and out−$35spread needed0.351%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ADA-PERP-INTX | 0.2442 | 0.0136 | pay 0.0017% / 1h | 3m 39s | $422K | $6.8M | 50x |
| Short | Polymarket Perps ADA-USD | 0.2444 | 0.0100 | get 0.0013% / 1h | 3m 39s | $93K | $722K | 10x |
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
- $9.01
- Funding while held
- −$1.08
- Slippage, 4 orders
- −$17.05
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.12
- Spread needed to break even
- 0.351%
Slippage from Coinbase International: live order book, 2 min ago; Polymarket Perps: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.08
- 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, 2 min ago | 4.09 bp | 10.5 bp −$10 | 17.8 bp −$178 | 56.0 bp −$5,595 | doesn't fit |
| Sell Polymarket Perps live order book, 51 min ago | 0.83 bp | 7.7 bp −$8 | 13.2 bp −$132 | 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 | −0.737% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.213% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| Phoenix ADA | −0.176% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Coinbase International ADA-PERP-INTXlong | 0.000% | +0.0136% | 1h | $422K | $6.8M | 50x | |
| Extended ADA-USD | +0.014% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.033% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| HTX ADA-USDT | +0.035% | +0.0100% | 8h | $1.3M | $4.8M | 75x | as long as short |
| Gate ADA_USDT | +0.041% | +0.0072% | 8h | $93.9M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.041% | +0.0100% | 8h | $51.5M | $62.5M | 300x | as long as short |
| Bitget ADAUSDT | +0.041% | +0.0100% | 8h | $64.0M | $46.3M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ADA-USDT | +0.041% | +0.0100% | 8h | — | $18.1M | — | as long as short |
| Kalshi KXADAPERP | +0.041% | 0.0000% | 8h | $126K | $5.6M | 3.2x | 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 |
| Reya ADARUSDPERP | +0.042% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.049% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Paradex ADA-USD-PERP | +0.057% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| KuCoin ADAUSDTM | +0.057% | +0.0100% | 8h | $30.3M | $20.9M | 75x | as long as short |
| Aster ADAUSDT | +0.058% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| SoDEX ADA-USD | +0.061% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.070% | −0.0069% | 1h | $5.9M | $11.3M | 50x | as long as short |
| SunX ADA-USDT | +0.081% | +0.0100% | 8h | $9K | $783K | 30x | as long as short |
| Backpack ADA_USDC_PERP | +0.090% | +0.0100% | 1h | $104K | $417K | 15x | as long as short |
| Polymarket Perps ADA-USDshort | +0.090% | +0.0100% | 1h | $93K | $722K | 10x | |
| Deribit ADA_USDC-PERPETUAL | +0.090% | 0.0000% | 1h | $464K | $396K | 50x | as long as short |
| Derive ADA-PERP | +0.092% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| ApeX Omni ADAUSDT | +0.123% | +0.0100% | 1h | $152K | $395K | 50x | as long as short |
| Hyperliquid ADA | +0.136% | +0.0100% | 1h | $41.8M | $15.7M | 10x | as long as short |
| dYdX ADA-USD | +0.144% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADA | +0.160% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| Bybit ADAUSDT | +0.164% | +0.0100% | 8h | $70.8M | $109.7M | 75x | as long as short |
| Variational Omni ADA | +0.166% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Binance ADAUSDT | +0.190% | +0.0100% | 8h | $102.0M | $354.4M | 75x | as long as short |
| Lighter ADA | +0.201% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.205% | +0.0100% | 8h | $32.4M | $105.7M | 50x | as long as short |
| BloFin ADA-USDT | +0.287% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
Coinbase International ADA-PERP-INTX
Polymarket Perps ADA-USD
Injective
Phoenix
Extended
GMX
HTX
Gate
MEXC
Bitget
BingX
Phemex
gTrade (Gains Network)
Paradex
KuCoin
Aster
SoDEX
Kraken Futures
SunX
Backpack
Deribit
Derive
ApeX Omni
Hyperliquid
Pacifica
Bybit
Variational Omni
Binance
Lighter
OKX
BloFin