Spread before costs (cost unknown: a leg has no order-book sample)−0.104%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2441 | 0.0100 | pay 0.0013% / 1h | 58m 25s | $40K | $3K | 5x |
| Short | Pacifica ADA | 0.2438 | 0.0100 | get 0.0013% / 1h | 58m 25s | $160K | $168K | 10x |
Derive ADA-PERP
Pacifica ADAPrice 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
- −$10.45
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$24.45
- Spread needed to break even
- 0.140%
Slippage unknown: Derive: no order-book sample; Pacifica: live order book, 61 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Derive no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 61 min ago | 3.06 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Derive: 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.Injective0.2282cheapest
Gate0.2435+6.705%Bybit0.2436+6.748%Extended0.2436+6.751%dYdX0.2436+6.761%MEXC0.2437+6.792%BingX0.2437+6.792%Binance0.2437+6.805%Aster0.2437+6.807%KuCoin0.2438+6.832%OKX0.2438+6.836%
Injective
Gate
Bybit
Extended
dYdX
MEXC
BingX
Binance
Aster
KuCoin
OKXPacifica0.2438+6.846%
Reya0.2438+6.847%GMX0.2439+6.863%Paradex0.2439+6.870%Polymarket Perps0.2439+6.871%SoDEX0.2439+6.871%Bitget0.2439+6.880%Kalshi0.2439+6.880%gTrade (Gains Network)0.2439+6.883%Lighter0.2440+6.902%HTX0.2440+6.909%Hyperliquid0.2440+6.919%Orderly0.2440+6.924%Coinbase International0.2440+6.924%Phemex0.2440+6.924%Backpack0.2441+6.950%
Reya
GMX
Paradex
Polymarket Perps
SoDEX
Bitget
gTrade (Gains Network)
Lighter
HTX
Hyperliquid
Orderly
Coinbase International
Phemex
BackpackDerive0.2441+6.957%
SunX0.2441+6.963%BloFin0.2441+6.968%Kraken Futures0.2441+6.973%Deribit0.2441+6.985%Phoenix0.2445+7.143%edgeX0.2446+7.192%Variational Omni0.2447+7.223%ApeX Omni0.2453+7.493%
SunX
BloFin
Kraken Futures
Deribit
Phoenix
Variational Omni
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 | −6.505% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Gate ADA_USDT | −0.236% | +0.0100% | 8h | $93.9M | $54.5M | 75x | as long as short |
| Bybit ADAUSDT | −0.195% | +0.0100% | 8h | $70.3M | $106.9M | 75x | as long as short |
| Extended ADA-USD | −0.193% | +0.0104% | 1h | $638K | $1.5M | 50x | as long as short |
| dYdX ADA-USD | −0.184% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| MEXC ADA_USDT | −0.154% | +0.0100% | 8h | $52.7M | $60.0M | 300x | as long as short |
| BingX ADA-USDT | −0.154% | +0.0100% | 8h | — | $17.4M | — | as long as short |
| Binance ADAUSDT | −0.143% | +0.0100% | 8h | $102.2M | $340.0M | 75x | as long as short |
| Aster ADAUSDT | −0.140% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| KuCoin ADAUSDTM | −0.118% | +0.0100% | 8h | $30.5M | $20.5M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | −0.113% | +0.0100% | 8h | $32.2M | $102.4M | 50x | as long as short |
| Pacifica ADAshort | −0.104% | +0.0100% | 1h | $160K | $168K | 10x | |
| Reya ADARUSDPERP | −0.103% | +0.0297% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.088% | L +0.0544% / S −0.0369% | 1h | $107K | — | 100x | as long as short |
| Paradex ADA-USD-PERP | −0.082% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Polymarket Perps ADA-USD | −0.081% | +0.0100% | 1h | $94K | $715K | 10x | as long as short |
| SoDEX ADA-USD | −0.081% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| Bitget ADAUSDT | −0.073% | +0.0100% | 8h | $63.2M | $44.7M | 75x | as long as short |
| Kalshi KXADAPERP | −0.073% | 0.0000% | 8h | $130K | $5.4M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.070% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Lighter ADA | −0.052% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| HTX ADA-USDT | −0.045% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
| Hyperliquid ADA | −0.036% | +0.0100% | 1h | $41.7M | $16.2M | 10x | as long as short |
| Orderly PERP_ADA_USDC | −0.032% | +0.0100% | 8h | $6K | $38K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.032% | +0.0136% | 1h | $452K | $6.3M | 50x | as long as short |
| Phemex ADAUSDT | −0.032% | +0.0100% | 8h | $47.8M | $5.7M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.007% | +0.0100% | 1h | $102K | $415K | 15x | as long as short |
| Derive ADA-PERPlong | 0.000% | +0.0100% | 1h | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.005% | +0.0100% | 8h | $9K | $754K | 30x | as long as short |
| BloFin ADA-USDT | +0.009% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.014% | −0.0069% | 1h | $6.0M | $11.1M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.026% | +0.0078% | 1h | $456K | $356K | 50x | as long as short |
| Phoenix ADA | +0.173% | +0.0065% | 1h | $4K | $94K | 10x | as long as short |
| edgeX ADAUSDC | +0.220% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| Variational Omni ADA | +0.248% | +0.0100% | 8h | $4.2M | $979K | — | as long as short |
| ApeX Omni ADAUSDT | +0.501% | +0.0100% | 1h | $92K | $317K | 50x | as long as short |