Settings8H · net · $10k
Funding arb · Price arb /

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%
Price spread now: OKX against dYdX+0.024%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2042.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.024%, 7d avg +0.018%
Together, before fees+0.085%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ADA-USD0.24670get 0.0000% / 1h28m 30s$203K$4K10x
ShortOKX ADA-USDT-SWAP0.24680.0100get 0.0100% / 8h7h 28m$32.6M$107.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.024% → +0.018%
$0.58
Slippage, 4 orders
−$183.87
Fee dYdX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$182.28
Costs to cover
2.039%
Break-even
67.8 days
Slippage from dYdX: live order book, 46 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 46 min ago89.91 bp94.9 bp −$95119.2 bp −$1,192123.1 bp −$12.3K123.4 bp −$61.7K
Sell OKX live order book, 5 min ago2.03 bp7.0 bp −$712.5 bp −$12543.1 bp −$4,310doesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USDlong0.0000%1h0.2467long leg$203K$4K10x
Kalshi KXADAPERP0.0000%8h0.2465−0.097%$184K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464−0.158%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.146%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2464−0.138%$420K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2463−0.169%$6.2M$11.7M50xas long as short
Phoenix ADA+0.0098%1h0.2467−0.033%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2468+0.024%$1.2M$948K75xas long as short
Pacifica ADA+0.0100%1h0.2469+0.081%$161K$148K10xas long as short
Binance ADAUSDT+0.0100%8h0.2468+0.024%$102.9M$365.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2468+0.024%$72.5M$104.1M75xas long as short
OKX ADA-USDT-SWAPshort+0.0100%8h0.2468+0.024%$32.6M$107.2M50x
Gate ADA_USDT+0.0100%8h0.2467−0.016%$98.2M$58.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2469+0.065%$53.5M$51.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2468+0.024%$30.3M$17.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2468+0.024%$66.1M$44.2M75xas long as short
BingX ADA-USDT+0.0100%8h0.2469+0.065%$20.4Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2465−0.077%$128K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2470+0.110%$4.2M$942Kas long as short
edgeX ADAUSDC+0.0100%4h0.2471+0.128%$66K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2472+0.177%$290K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.057%$56K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2466−0.049%$94K$645K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.138%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2465−0.110%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2467−0.017%$9K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2465−0.118%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2464−0.132%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2463−0.179%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0103%8h0.2471+0.126%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2469+0.084%$542K$1.8M50xas long as short
Lighter ADA+0.0120%1h0.2470+0.105%$2.5M$1.1M10xas long as short
Hyperliquid ADA+0.0171%1h0.2471+0.146%$43.2M$14.5M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2468+0.024%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0237%1h0.2465−0.093%$495K$434K50xas long as short
Reya ADARUSDPERP+0.0282%1h0.2467−0.015%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0626% / S −0.0393%1h0.2465−0.098%$142K100xas long as short