After costs, if the gap returns to its 7d average, $10k−$8
spread now+0.109%7d average−0.074%fees + slippage, in and out−$26spread needed0.260%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ADA_USDC-PERPETUAL | 0.2444 | 0 | get 0.0000% / 1h | 3m 22s | $464K | $396K | 50x |
| Short | Extended ADA-USD | 0.2447 | 0.0104 | get 0.0013% / 1h | 3m 22s | $635K | $1.6M | 50x |
Deribit ADA_USDC-PERPETUAL
Extended ADA-USDPrice 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
- $10.87
- Funding while held
- $3.12
- Slippage, 4 orders
- −$14.03
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$12.04
- Spread needed to break even
- 0.260%
Slippage from Deribit: live order book, 52 min ago; Extended: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0104%
- Per $10,000 a day
- +$3.12
- 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, 52 min ago | 4.75 bp | 8.7 bp −$9 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.05 bp | 4.5 bp −$5 | 7.1 bp −$71 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestApeX Omni0.2442+0.743%Coinbase International0.2442+0.743%HTX0.2443+0.778%Kalshi0.2443+0.784%Phemex0.2443+0.784%SoDEX0.2444+0.804%Kraken Futures0.2444+0.813%edgeX0.2444+0.822%SunX0.2444+0.824%Bybit0.2444+0.825%BingX0.2444+0.825%Backpack0.2444+0.833%
Injective
ApeX Omni
Coinbase International
HTX
Phemex
SoDEX
Kraken Futures
SunX
Bybit
BingX
BackpackDeribit0.2444+0.833%
Derive0.2444+0.835%OKX0.2445+0.866%Gate0.2445+0.866%MEXC0.2445+0.866%Orderly0.2445+0.866%Reya0.2445+0.867%gTrade (Gains Network)0.2445+0.880%KuCoin0.2445+0.887%dYdX0.2446+0.887%GMX0.2446+0.890%Pacifica0.2446+0.904%Bitget0.2446+0.908%Variational Omni0.2446+0.910%Binance0.2446+0.918%
Derive
OKX
Gate
MEXC
Orderly
Reya
gTrade (Gains Network)
KuCoin
dYdX
GMX
Pacifica
Bitget
Variational Omni
BinanceExtended0.2447+0.943%
Lighter0.2447+0.945%Aster0.2447+0.948%Paradex0.2448+0.971%Polymarket Perps0.2448+0.986%Phoenix0.2448+0.994%Hyperliquid0.2449+1.011%BloFin0.2449+1.031%
Lighter
Aster
Paradex
Polymarket Perps
Phoenix
Hyperliquid
BloFinADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.826% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.090% | +0.0100% | 1h | $228K | $433K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.090% | +0.0136% | 1h | $422K | $6.8M | 50x | as long as short |
| HTX ADA-USDT | −0.055% | +0.0100% | 8h | $1.3M | $4.8M | 75x | as long as short |
| Kalshi KXADAPERP | −0.049% | 0.0000% | 8h | $126K | $5.6M | 3.2x | as long as short |
| Phemex ADAUSDT | −0.049% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| SoDEX ADA-USD | −0.029% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.020% | −0.0069% | 1h | $5.9M | $11.3M | 50x | as long as short |
| edgeX ADAUSDC | −0.011% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| SunX ADA-USDT | −0.009% | +0.0100% | 8h | $9K | $783K | 30x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | −0.008% | +0.0100% | 8h | $70.8M | $109.8M | 75x | as long as short |
| BingX ADA-USDC | −0.008% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | 0.000% | +0.0100% | 1h | $104K | $417K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $464K | $396K | 50x | |
| Derive ADA-PERP | +0.002% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| OKX ADA-USDT-SWAP | +0.033% | +0.0100% | 8h | $32.5M | $105.7M | 50x | as long as short |
| Gate ADA_USDT | +0.033% | +0.0073% | 8h | $94.1M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.033% | +0.0100% | 8h | $51.6M | $62.5M | 300x | as long as short |
| Orderly PERP_ADA_USDC | +0.033% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Reya ADARUSDPERP | +0.034% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.047% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| KuCoin ADAUSDTM | +0.053% | +0.0100% | 8h | $30.3M | $21.0M | 75x | as long as short |
| dYdX ADA-USD | +0.054% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.056% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| Pacifica ADA | +0.070% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| Bitget ADAUSDT | +0.074% | +0.0100% | 8h | $64.1M | $46.3M | 75x | as long as short |
| Variational Omni ADA | +0.076% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Binance ADAUSDT | +0.084% | +0.0100% | 8h | $102.6M | $355.1M | 75x | as long as short |
| Extended ADA-USDshort | +0.109% | +0.0104% | 1h | $635K | $1.6M | 50x | |
| Lighter ADA | +0.110% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Aster ADAUSDT | +0.113% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.137% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Polymarket Perps ADA-USD | +0.151% | +0.0100% | 1h | $94K | $722K | 10x | as long as short |
| Phoenix ADA | +0.160% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Hyperliquid ADA | +0.176% | +0.0100% | 1h | $41.9M | $15.7M | 10x | as long as short |
| BloFin ADA-USDT | +0.196% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |