After costs, if the gap returns to its 7d average, $10k−$186
spread now+0.039%7d average+0.004%fees + slippage, in and out−$190spread needed1.899%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ADA-USD | 0.2439 | 0 | get 0.0000% / 1h | 0m 15s | $202K | $2K | 10x |
| Short | Bybit ADAUSDT | 0.2440 | 0.0100 | get 0.0100% / 8h | 1h 00m | $70.7M | $110.0M | 75x |
Price 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
- $3.87
- Funding while held
- $3
- Slippage, 4 orders
- −$168.92
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$183.04
- Spread needed to break even
- 1.899%
Slippage from dYdX: live order book, 55 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 dYdX live order book, 55 min ago | 82.07 bp | 87.1 bp −$87 | 90.6 bp −$906 | 91.1 bp −$9,111 | 91.2 bp −$45.6K |
| Sell Bybit live order book, 5 min ago | 2.04 bp | 7.8 bp −$8 | 14.8 bp −$148 | 52.1 bp −$5,209 | 225.3 bp −$112.7K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.617% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Extended ADA-USD | −0.008% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| OKX ADA-USDT-SWAP | −0.002% | +0.0100% | 8h | $32.4M | $105.7M | 50x | as long as short |
| dYdX ADA-USDlong | 0.000% | 0.0000% | 1h | $202K | $2K | 10x | |
| Variational Omni ADA | +0.003% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Pacifica ADA | +0.026% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| SunX ADA-USDT | +0.036% | +0.0100% | 8h | $9K | $788K | 30x | as long as short |
| Bybit ADAUSDTshort | +0.039% | +0.0100% | 8h | $70.7M | $110.0M | 75x | |
| Gate ADA_USDT | +0.039% | +0.0076% | 8h | $94.1M | $57.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.039% | +0.0100% | 8h | $64.1M | $46.6M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ADA_USDC | +0.039% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.039% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| SoDEX ADA-USD | +0.043% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.055% | −0.0069% | 1h | $6.0M | $11.4M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.056% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Derive ADA-PERP | +0.062% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Binance ADAUSDT | +0.065% | +0.0100% | 8h | $102.4M | $356.0M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.073% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| HTX ADA-USDT | +0.076% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.080% | +0.0100% | 8h | $51.1M | $62.7M | 300x | as long as short |
| BingX ADA-USDC | +0.080% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.080% | +0.0100% | 1h | $105K | $420K | 15x | as long as short |
| Kalshi KXADAPERP | +0.080% | 0.0000% | 8h | $137K | $5.7M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.080% | +0.0136% | 1h | $421K | $6.8M | 50x | as long as short |
| BloFin ADA-USDT | +0.080% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.082% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.100% | +0.0119% | 1h | $463K | $398K | 50x | as long as short |
| Lighter ADA | +0.113% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Reya ADARUSDPERP | +0.122% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Aster ADAUSDT | +0.126% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| KuCoin ADAUSDTM | +0.137% | +0.0100% | 8h | $30.3M | $21.0M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.141% | +0.0100% | 1h | $94K | $723K | 10x | as long as short |
| Hyperliquid ADA | +0.219% | +0.0100% | 1h | $41.8M | $15.7M | 10x | as long as short |
| edgeX ADAUSDC | +0.278% | +0.0100% | 4h | $65K | $354K | 20x | as long as short |
| ApeX Omni ADAUSDT | +0.326% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| Phoenix ADA | +0.371% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
Bybit ADAUSDT
Injective
Extended
OKX
Variational Omni
Pacifica
SunX
Gate
Bitget
Phemex
SoDEX
Kraken Futures
gTrade (Gains Network)
Derive
Binance
GMX
HTX
MEXC
BingX
Backpack
Coinbase International
BloFin
Paradex
Deribit
Lighter
Aster
KuCoin
Polymarket Perps
Hyperliquid
ApeX Omni
Phoenix