Spread before costs (cost unknown: a leg has no order-book sample)−0.082%
7d average—if it closes, per $10,000$8funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ADA-USD | 0.2432 | 0 | get 0.0000% / 1h | 23m 10s | $201K | $2K | 10x |
| Short | Derive ADA-PERP | 0.2430 | 0.0100 | get 0.0013% / 1h | 23m 10s | $39K | $3K | 5x |
dYdX ADA-USD
Derive ADA-PERPPrice 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
- −$8.19
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$21.19
- Spread needed to break even
- 0.160%
Slippage unknown: dYdX: live order book, 22 min ago; Derive: no order-book sample. Net counts fees only.
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, 22 min ago | 95.78 bp | 119.0 bp −$119 | 135.6 bp −$1,356 | 151.1 bp −$15.1K | 376.0 bp −$188.0K |
| Sell Derive no order-book sample | — | — | — | — | — |
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.Injective0.2424cheapestGate0.2427+0.124%GMX0.2428+0.153%HTX0.2428+0.156%Orderly0.2428+0.165%gTrade (Gains Network)0.2428+0.168%Reya0.2429+0.186%Extended0.2429+0.191%KuCoin0.2429+0.194%SunX0.2429+0.204%Bybit0.2429+0.206%Bitget0.2429+0.206%BingX0.2429+0.206%SoDEX0.2429+0.206%Polymarket Perps0.2429+0.215%Deribit0.2429+0.219%
Injective
Gate
GMX
HTX
Orderly
gTrade (Gains Network)
Reya
Extended
KuCoin
SunX
Bybit
Bitget
BingX
SoDEX
Polymarket Perps
DeribitDerive0.2430+0.228%
OKX0.2430+0.248%MEXC0.2430+0.248%BloFin0.2430+0.248%Aster0.2430+0.255%Kraken Futures0.2431+0.277%Lighter0.2431+0.285%Backpack0.2431+0.285%Hyperliquid0.2431+0.289%Binance0.2431+0.289%Coinbase International0.2431+0.289%Phemex0.2431+0.289%
OKX
MEXC
BloFin
Aster
Kraken Futures
Lighter
Backpack
Hyperliquid
Binance
Coinbase International
PhemexdYdX0.2432+0.311%
Pacifica0.2432+0.329%Paradex0.2432+0.341%Variational Omni0.2433+0.352%ApeX Omni0.2434+0.413%Kalshi0.2435+0.454%edgeX0.2436+0.491%Phoenix0.2438+0.561%
Pacifica
Paradex
Variational Omni
ApeX Omni
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.310% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Gate ADA_USDT | −0.186% | +0.0100% | 8h | $94.4M | $56.8M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.157% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| HTX ADA-USDT | −0.154% | +0.0100% | 8h | $1.3M | $5.0M | 75x | as long as short |
| Orderly PERP_ADA_USDC | −0.145% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.142% | L +0.0005% / S −0.0003% | 1h | $85K | — | 150x | as long as short |
| Reya ADARUSDPERP | −0.124% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| Extended ADA-USD | −0.119% | +0.0104% | 1h | $600K | $1.7M | 50x | as long as short |
| KuCoin ADAUSDTM | −0.116% | +0.0100% | 8h | $30.0M | $20.2M | 75x | as long as short |
| SunX ADA-USDT | −0.106% | +0.0100% | 8h | $9K | $795K | 30x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | −0.104% | +0.0100% | 8h | $70.9M | $108.9M | 75x | as long as short |
| Bitget ADAUSDT | −0.104% | +0.0100% | 8h | $64.4M | $46.0M | 75x | as long as short |
| BingX ADA-USDC | −0.104% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| SoDEX ADA-USD | −0.104% | +0.0100% | 1h | $712 | $13K | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.096% | +0.0100% | 1h | $92K | $739K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.092% | +0.0368% | 1h | $465K | $402K | 50x | as long as short |
| Derive ADA-PERPshort | −0.082% | +0.0100% | 1h | $39K | $3K | 5x | |
| OKX ADA-USDT-SWAP | −0.063% | +0.0100% | 8h | $32.2M | $107.6M | 50x | as long as short |
| MEXC ADA_USDT | −0.063% | +0.0100% | 8h | $51.2M | $63.5M | 300x | as long as short |
| BloFin ADA-USDT | −0.063% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| Aster ADAUSDT | −0.056% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | −0.033% | +0.0141% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Lighter ADA | −0.026% | +0.0096% | 1h | $2.2M | $1.0M | 10x | as long as short |
| Backpack ADA_USDC_PERP | −0.026% | +0.0100% | 1h | $102K | $421K | 15x | as long as short |
| Hyperliquid ADA | −0.022% | +0.0100% | 1h | $42.5M | $14.8M | 10x | as long as short |
| Binance ADAUSDT | −0.022% | +0.0100% | 8h | $101.3M | $363.1M | 75x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.022% | +0.0112% | 1h | $486K | $7.0M | 50x | as long as short |
| Phemex ADAUSDT | −0.022% | +0.0100% | 8h | $47.4M | $5.9M | 50x | as long as short |
| dYdX ADA-USDlong | 0.000% | 0.0000% | 1h | $201K | $2K | 10x | |
| Pacifica ADA | +0.019% | +0.0100% | 1h | $158K | $177K | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.030% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Variational Omni ADA | +0.041% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDT | +0.102% | +0.0100% | 1h | $227K | $452K | 50x | as long as short |
| Kalshi KXADAPERP | +0.143% | 0.0000% | 8h | $83K | $5.8M | 3.2x | as long as short |
| edgeX ADAUSDC | +0.180% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
| Phoenix ADA | +0.250% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |