After costs, if the gap returns to its 7d average, $10k−$34
spread now−0.004%7d average−0.045%fees + slippage, in and out−$38spread needed0.379%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ADA_USDC-PERPETUAL | 0.2440 | 0.0447 | pay 0.0056% / 1h | 13m 38s | $476K | $376K | 50x |
| Short | Bitget ADAUSDT | 0.2440 | 0.0100 | get 0.0100% / 8h | 5h 13m | $64.5M | $41.7M | 75x |
Deribit ADA_USDC-PERPETUAL
Bitget ADAUSDTPrice 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
- −$0.41
- Funding while held
- −$10.41
- Slippage, 4 orders
- −$18.94
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.76
- Spread needed to break even
- 0.379%
Slippage from Deribit: live order book, 22 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0347%
- Per $10,000 a day
- −$10.41
- 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 Deribit live order book, 22 min ago | 4.11 bp | 10.4 bp −$10 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.05 bp | 8.0 bp −$8 | 10.6 bp −$106 | 20.1 bp −$2,014 | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestApeX Omni0.2437+0.536%gTrade (Gains Network)0.2439+0.618%Phemex0.2439+0.619%Reya0.2439+0.639%SoDEX0.2440+0.639%GMX0.2440+0.642%Polymarket Perps0.2440+0.644%Kraken Futures0.2440+0.647%Aster0.2440+0.657%Bybit0.2440+0.660%Gate0.2440+0.660%
Injective
ApeX Omni
gTrade (Gains Network)
Phemex
Reya
SoDEX
GMX
Polymarket Perps
Kraken Futures
Aster
Bybit
GateBitget0.2440+0.660%
Kalshi0.2440+0.660%Orderly0.2440+0.660%
OrderlyDeribit0.2440+0.664%
Backpack0.2440+0.672%Derive0.2441+0.684%dYdX0.2441+0.685%edgeX0.2441+0.689%Extended0.2441+0.699%SunX0.2441+0.700%Pacifica0.2441+0.701%Binance0.2441+0.701%OKX0.2441+0.701%MEXC0.2441+0.701%BingX0.2441+0.701%KuCoin0.2441+0.705%Paradex0.2442+0.734%Coinbase International0.2442+0.743%HTX0.2442+0.753%Lighter0.2442+0.763%Variational Omni0.2443+0.767%Hyperliquid0.2443+0.780%BloFin0.2443+0.784%Phoenix0.2444+0.821%
Backpack
Derive
dYdX
Extended
SunX
Pacifica
Binance
OKX
MEXC
BingX
KuCoin
Paradex
Coinbase International
HTX
Lighter
Variational Omni
Hyperliquid
BloFin
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.660% | +0.0033% | 1h | $832 | $66K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.127% | +0.0100% | 1h | $229K | $457K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.046% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Phemex ADAUSDT | −0.045% | +0.0100% | 8h | $47.5M | $5.1M | 50x | as long as short |
| Reya ADARUSDPERP | −0.025% | +0.0290% | 1h | $1K | — | 15x | as long as short |
| SoDEX ADA-USD | −0.025% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.022% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Polymarket Perps ADA-USD | −0.020% | +0.0100% | 1h | $91K | $728K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.017% | +0.0261% | 1h | $6.2M | $10.8M | 50x | as long as short |
| Aster ADAUSDT | −0.007% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | −0.004% | +0.0100% | 8h | $70.5M | $99.1M | 75x | as long as short |
| Gate ADA_USDT | −0.004% | +0.0100% | 8h | $96.1M | $56.2M | 75x | as long as short |
| Bitget ADAUSDTshort | −0.004% | +0.0100% | 8h | $64.5M | $41.7M | 75x | |
| Kalshi KXADAPERP | −0.004% | 0.0000% | 8h | $119K | $5.8M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.004% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Deribit ADA_USDC-PERPETUALlong | 0.000% | +0.0447% | 1h | $476K | $376K | 50x | |
| Backpack ADA_USDC_PERP | +0.008% | +0.0100% | 1h | $102K | $414K | 15x | as long as short |
| Derive ADA-PERP | +0.020% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| dYdX ADA-USD | +0.021% | 0.0000% | 1h | $201K | $4K | 10x | as long as short |
| edgeX ADAUSDC | +0.025% | +0.0100% | 4h | $65K | $279K | 20x | as long as short |
| Extended ADA-USD | +0.034% | +0.0104% | 1h | $589K | $1.7M | 50x | as long as short |
| SunX ADA-USDT | +0.035% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Pacifica ADA | +0.037% | +0.0100% | 1h | $157K | $148K | 10x | as long as short |
| Binance ADAUSDT | +0.037% | +0.0100% | 8h | $101.4M | $343.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.037% | +0.0100% | 8h | $32.3M | $103.4M | 50x | as long as short |
| MEXC ADA_USDT | +0.037% | +0.0100% | 8h | $52.0M | $58.4M | 300x | as long as short |
| BingX ADA-USDT | +0.037% | +0.0100% | 8h | — | $18.9M | — | as long as short |
| KuCoin ADAUSDTM | +0.041% | +0.0100% | 8h | $30.2M | $17.6M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.069% | +0.0102% | 8h | $20K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.078% | +0.0072% | 1h | $469K | $6.8M | 50x | as long as short |
| HTX ADA-USDT | +0.088% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Lighter ADA | +0.098% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Variational Omni ADA | +0.102% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Hyperliquid ADA | +0.115% | +0.0100% | 1h | $42.7M | $13.8M | 10x | as long as short |
| BloFin ADA-USDT | +0.119% | +0.0220% | 8h | $4.4M | $5.0M | 75x | as long as short |
| Phoenix ADA | +0.156% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |