Spread before costs (cost unknown: a leg has no order-book sample)+0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2432 | 0.0100 | pay 0.0013% / 1h | 31m 59s | $39K | $3K | 5x |
| Short | SunX ADA-USDT | 0.2433 | 0.0100 | get 0.0100% / 8h | 6h 31m | $9K | $756K | 30x |
Derive ADA-PERP
SunX 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
- $5.83
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$10.17
- Spread needed to break even
- 0.160%
Slippage unknown: Derive: no order-book sample; SunX: live order book, 27 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 SunX live order book, 27 min ago | 20.83 bp | 28.2 bp −$28 | 35.5 bp −$355 | 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.Injective0.2424cheapestVariational Omni0.2429+0.193%Reya0.2430+0.228%Polymarket Perps0.2430+0.235%Phoenix0.2430+0.243%Gate0.2430+0.248%BingX0.2430+0.248%Pacifica0.2430+0.252%Paradex0.2430+0.253%HTX0.2430+0.264%dYdX0.2431+0.281%GMX0.2431+0.288%Kalshi0.2431+0.289%Orderly0.2431+0.289%Coinbase International0.2431+0.289%gTrade (Gains Network)0.2431+0.290%
Injective
Variational Omni
Reya
Polymarket Perps
Phoenix
Gate
BingX
Pacifica
Paradex
HTX
dYdX
GMX
Orderly
Coinbase International
gTrade (Gains Network)Derive0.2432+0.312%
Aster0.2432+0.317%SoDEX0.2432+0.326%Bybit0.2432+0.330%MEXC0.2432+0.330%KuCoin0.2432+0.330%Bitget0.2432+0.330%edgeX0.2432+0.333%Binance0.2432+0.345%Backpack0.2432+0.351%Kraken Futures0.2433+0.360%
Aster
SoDEX
Bybit
MEXC
KuCoin
Bitget
Binance
Backpack
Kraken FuturesSunX0.2433+0.370%
Extended0.2433+0.371%Lighter0.2433+0.371%Phemex0.2433+0.371%BloFin0.2433+0.371%Hyperliquid0.2433+0.380%OKX0.2434+0.413%ApeX Omni0.2436+0.495%Deribit0.2493+2.830%
Extended
Lighter
Phemex
BloFin
Hyperliquid
OKX
ApeX Omni
DeribitADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.311% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| Variational Omni ADA | −0.118% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Reya ADARUSDPERP | −0.083% | +0.0292% | 1h | $1K | — | 15x | as long as short |
| Polymarket Perps ADA-USD | −0.076% | +0.0100% | 1h | $92K | $729K | 10x | as long as short |
| Phoenix ADA | −0.068% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Gate ADA_USDT | −0.064% | +0.0100% | 8h | $94.4M | $54.7M | 75x | as long as short |
| BingX ADA-USDC | −0.064% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Pacifica ADA | −0.060% | +0.0100% | 1h | $156K | $162K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.059% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| HTX ADA-USDT | −0.048% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | −0.030% | +0.0087% | 1h | $201K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.024% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Kalshi KXADAPERP | −0.023% | 0.0000% | 8h | $139K | $5.8M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.023% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.023% | +0.0080% | 1h | $473K | $6.7M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.022% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Derive ADA-PERPlong | 0.000% | +0.0100% | 1h | $39K | $3K | 5x | |
| Aster ADAUSDT | +0.006% | +0.0100% | 8h | $1.1M | $1.1M | 75x | as long as short |
| SoDEX ADA-USD | +0.014% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
| Bybit ADAUSDT | +0.018% | +0.0100% | 8h | $71.0M | $100.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.018% | +0.0100% | 8h | $51.8M | $59.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.018% | +0.0100% | 8h | $30.0M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.018% | +0.0100% | 8h | $64.2M | $42.7M | 75x | as long as short |
| edgeX ADAUSDC | +0.021% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| Binance ADAUSDT | +0.034% | +0.0100% | 8h | $101.2M | $342.3M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.039% | +0.0100% | 1h | $103K | $411K | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.048% | +0.0354% | 1h | $6.1M | $10.7M | 50x | as long as short |
| SunX ADA-USDTshort | +0.058% | +0.0100% | 8h | $9K | $756K | 30x | |
| Extended ADA-USD | +0.059% | +0.0104% | 1h | $609K | $1.7M | 50x | as long as short |
| Lighter ADA | +0.060% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Phemex ADAUSDT | +0.060% | +0.0100% | 8h | $47.5M | $5.7M | 50x | as long as short |
| BloFin ADA-USDT | +0.060% | +0.0220% | 8h | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADA | +0.068% | +0.0100% | 1h | $42.5M | $13.5M | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.101% | +0.0100% | 8h | $32.2M | $102.6M | 50x | as long as short |
| ApeX Omni ADAUSDT | +0.183% | +0.0100% | 1h | $228K | $453K | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.511% | +2.4752% | 1h | $486K | $385K | 50x | as long as short |