Spread before costs (cost unknown: a leg has no order-book sample)−0.098%
7d average—if it closes, per $10,000$10funding while held, a day+$6.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ADA-PERP-INTX | 0.2437 | 0.0080 | pay 0.0010% / 1h | 17m 58s | $480K | $6.8M | 50x |
| Short | Reya ADARUSDPERP | 0.2435 | 0.0292 | get 0.0036% / 1h | 17m 58s | $1K | — | 15x |
Coinbase International ADA-PERP-INTX
Reya ADARUSDPERPPrice 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
- −$9.81
- Funding while held
- $6.35
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$19.46
- Spread needed to break even
- 0.160%
Slippage unknown: Coinbase International: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0212%
- Per $10,000 a day
- +$6.35
- 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 | 6.16 bp | 11.2 bp −$11 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestBybit0.2433+0.371%Gate0.2433+0.371%MEXC0.2433+0.371%Bitget0.2433+0.371%Orderly0.2433+0.371%SoDEX0.2434+0.392%GMX0.2434+0.403%dYdX0.2434+0.409%BingX0.2434+0.413%Phemex0.2434+0.413%Aster0.2434+0.414%gTrade (Gains Network)0.2434+0.414%KuCoin0.2434+0.421%Backpack0.2434+0.425%Derive0.2434+0.427%Binance0.2434+0.429%Extended0.2435+0.435%
Injective
Bybit
Gate
MEXC
Bitget
Orderly
SoDEX
GMX
dYdX
BingX
Phemex
Aster
gTrade (Gains Network)
KuCoin
Backpack
Derive
Binance
ExtendedReya0.2435+0.438%
Kraken Futures0.2435+0.445%Pacifica0.2435+0.446%OKX0.2435+0.454%Kalshi0.2435+0.454%Deribit0.2435+0.454%Lighter0.2435+0.458%Polymarket Perps0.2435+0.462%HTX0.2435+0.466%Hyperliquid0.2436+0.491%SunX0.2436+0.495%BloFin0.2436+0.495%Variational Omni0.2437+0.524%Paradex0.2437+0.526%
Kraken Futures
Pacifica
OKX
Deribit
Lighter
Polymarket Perps
HTX
Hyperliquid
SunX
BloFin
Variational Omni
ParadexCoinbase International0.2437+0.536%
Phoenix0.2437+0.553%ApeX Omni0.2439+0.619%edgeX0.2439+0.619%
Phoenix
ApeX OmniADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.533% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| Bybit ADAUSDT | −0.164% | +0.0100% | 8h | $71.1M | $98.4M | 75x | as long as short |
| Gate ADA_USDT | −0.164% | +0.0100% | 8h | $94.6M | $55.0M | 75x | as long as short |
| MEXC ADA_USDT | −0.164% | +0.0100% | 8h | $52.9M | $60.4M | 300x | as long as short |
| Bitget ADAUSDT | −0.164% | +0.0100% | 8h | $64.3M | $41.7M | 75x | as long as short |
| Orderly PERP_ADA_USDC | −0.164% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SoDEX ADA-USD | −0.144% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.133% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| dYdX ADA-USD | −0.127% | +0.0057% | 1h | $201K | $2K | 10x | as long as short |
| BingX ADA-USDC | −0.123% | +0.0100% | 8h | — | $6.5M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ADAUSDT | −0.123% | +0.0100% | 8h | $47.5M | $5.5M | 50x | as long as short |
| Aster ADAUSDT | −0.122% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.121% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| KuCoin ADAUSDTM | −0.115% | +0.0100% | 8h | $30.0M | $17.6M | 75x | as long as short |
| Backpack ADA_USDC_PERP | −0.111% | +0.0100% | 1h | $101K | $408K | 15x | as long as short |
| Derive ADA-PERP | −0.109% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Binance ADAUSDT | −0.107% | +0.0100% | 8h | $101.3M | $339.7M | 75x | as long as short |
| Extended ADA-USD | −0.101% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Reya ADARUSDPERPshort | −0.098% | +0.0292% | 1h | $1K | — | 15x | |
| Kraken Futures PF_ADAUSD | −0.091% | +0.0354% | 1h | $6.1M | $10.6M | 50x | as long as short |
| Pacifica ADA | −0.089% | +0.0100% | 1h | $157K | $153K | 10x | as long as short |
| OKX ADA-USDT-SWAP | −0.082% | +0.0100% | 8h | $32.2M | $102.0M | 50x | as long as short |
| Kalshi KXADAPERP | −0.082% | 0.0000% | 8h | $145K | $5.8M | 3.2x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.082% | +0.0449% | 1h | $476K | $383K | 50x | as long as short |
| Lighter ADA | −0.078% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.074% | +0.0100% | 1h | $92K | $726K | 10x | as long as short |
| HTX ADA-USDT | −0.070% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
| Hyperliquid ADA | −0.045% | +0.0100% | 1h | $43.0M | $13.6M | 10x | as long as short |
| SunX ADA-USDT | −0.041% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| BloFin ADA-USDT | −0.041% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
| Variational Omni ADA | −0.012% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Paradex ADA-USD-PERP | −0.011% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTXlong | 0.000% | +0.0080% | 1h | $480K | $6.8M | 50x | |
| Phoenix ADA | +0.016% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.082% | +0.0100% | 1h | $228K | $453K | 50x | as long as short |
| edgeX ADAUSDC | +0.082% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |