After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.029%7d average+0.008%fees + slippage, in and out−$34spread needed0.345%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ADA_USDC-PERPETUAL | 0.2450 | 0.0036 | pay 0.0005% / 1h | 6m 35s | $470K | $424K | 50x |
| Short | BloFin ADA-USDT | 0.2451 | 0.0220 | get 0.0220% / 8h | 6m 35s | $4.5M | $6.3M | 75x |
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDTPrice 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
- $2.86
- Funding while held
- $5.52
- Slippage, 4 orders
- −$15.45
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.07
- Spread needed to break even
- 0.345%
Slippage from Deribit: live order book, 44 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0184%
- Per $10,000 a day
- +$5.52
- 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, 44 min ago | 4.47 bp | 9.6 bp −$10 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.04 bp | 8.0 bp −$8 | 8.0 bp −$80 | 21.6 bp −$2,158 | 51.4 bp −$25.7K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestOrderly0.2450+1.073%Phemex0.2450+1.073%
Injective
Orderly
PhemexDeribit0.2450+1.085%
Kraken Futures0.2451+1.103%HTX0.2451+1.106%GMX0.2451+1.110%gTrade (Gains Network)0.2451+1.111%
Kraken Futures
HTX
GMX
gTrade (Gains Network)BloFin0.2451+1.114%
Backpack0.2451+1.118%SoDEX0.2452+1.134%Derive0.2453+1.176%SunX0.2453+1.195%Bybit0.2453+1.196%Gate0.2453+1.196%BingX0.2453+1.196%Kalshi0.2453+1.196%KuCoin0.2453+1.205%Aster0.2454+1.222%Extended0.2454+1.231%Phoenix0.2454+1.233%dYdX0.2454+1.234%OKX0.2454+1.238%MEXC0.2454+1.238%Bitget0.2454+1.238%Pacifica0.2454+1.242%Reya0.2454+1.250%Variational Omni0.2454+1.254%Polymarket Perps0.2455+1.271%Binance0.2455+1.279%Coinbase International0.2455+1.279%Paradex0.2455+1.296%Hyperliquid0.2456+1.304%Lighter0.2456+1.312%ApeX Omni0.2456+1.320%edgeX0.2457+1.347%
Backpack
SoDEX
Derive
SunX
Bybit
Gate
BingX
KuCoin
Aster
Extended
Phoenix
dYdX
OKX
MEXC
Bitget
Pacifica
Reya
Variational Omni
Polymarket Perps
Binance
Coinbase International
Paradex
Hyperliquid
Lighter
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 | −1.073% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| Orderly PERP_ADA_USDC | −0.012% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | −0.012% | +0.0100% | 8h | $47.9M | $5.9M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUALlong | 0.000% | +0.0036% | 1h | $470K | $424K | 50x | |
| Kraken Futures PF_ADAUSD | +0.018% | +0.0222% | 1h | $5.9M | $11.3M | 50x | as long as short |
| HTX ADA-USDT | +0.020% | +0.0100% | 8h | $1.3M | $5.2M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.024% | L +0.0535% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.025% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| BloFin ADA-USDTshort | +0.029% | +0.0220% | 8h | $4.5M | $6.3M | 75x | |
| Backpack ADA_USDC_PERP | +0.033% | +0.0100% | 1h | $103K | $431K | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | +0.049% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Derive ADA-PERP | +0.090% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.109% | +0.0100% | 8h | $10K | $808K | 30x | as long as short |
| Bybit ADAUSDT | +0.110% | +0.0100% | 8h | $71.4M | $112.0M | 75x | as long as short |
| Gate ADA_USDT | +0.110% | +0.0071% | 8h | $95.4M | $60.2M | 75x | as long as short |
| BingX ADA-USDC | +0.110% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Kalshi KXADAPERP | +0.110% | 0.0000% | 8h | $99K | $5.8M | 3.2x | as long as short |
| KuCoin ADAUSDTM | +0.118% | +0.0100% | 8h | $30.1M | $21.2M | 75x | as long as short |
| Aster ADAUSDT | +0.136% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Extended ADA-USD | +0.144% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Phoenix ADA | +0.147% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| dYdX ADA-USD | +0.147% | +0.0069% | 1h | $203K | $2K | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.151% | +0.0100% | 8h | $32.2M | $108.9M | 50x | as long as short |
| MEXC ADA_USDT | +0.151% | +0.0100% | 8h | $51.8M | $64.4M | 300x | as long as short |
| Bitget ADAUSDT | +0.151% | +0.0100% | 8h | $64.7M | $47.0M | 75x | as long as short |
| Pacifica ADA | +0.155% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| Reya ADARUSDPERP | +0.163% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| Variational Omni ADA | +0.167% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Polymarket Perps ADA-USD | +0.184% | +0.0100% | 1h | $94K | $735K | 10x | as long as short |
| Binance ADAUSDT | +0.192% | +0.0100% | 8h | $102.1M | $366.4M | 75x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.192% | +0.0120% | 1h | $443K | $6.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.208% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.216% | +0.0100% | 1h | $42.2M | $16.3M | 10x | as long as short |
| Lighter ADA | +0.224% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.233% | +0.0100% | 1h | $229K | $450K | 50x | as long as short |
| edgeX ADAUSDC | +0.260% | +0.0100% | 4h | $65K | $276K | 20x | as long as short |