Spread before costs (cost unknown: a leg has no order-book sample)+0.182%
7d average—if it closes, per $10,000$18funding while held, a day+$8.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ADA-USD | 0.2449 | 0 | get 0.0000% / 1h | 48m 26s | $203K | $2K | 10x |
| Short | Reya ADARUSDPERP | 0.2453 | 0.0294 | get 0.0037% / 1h | 48m 26s | $1K | — | 15x |
dYdX ADA-USD
Reya ADARUSDPERPPrice 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
- $18.16
- Funding while held
- $8.81
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $10.97
- Spread needed to break even
- 0.160%
Slippage unknown: dYdX: live order book, 62 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0294%
- Per $10,000 a day
- +$8.81
- 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, 62 min ago | 136.15 bp | 141.2 bp −$141 | 141.2 bp −$1,412 | 141.2 bp −$14.1K | 141.2 bp −$70.6K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Injective0.2424cheapestGMX0.2445+0.866%Coinbase International0.2445+0.866%SoDEX0.2445+0.875%Derive0.2446+0.891%Kalshi0.2446+0.908%Orderly0.2446+0.908%Phoenix0.2447+0.932%Kraken Futures0.2447+0.937%Deribit0.2447+0.945%Phemex0.2447+0.949%Backpack0.2447+0.969%Variational Omni0.2448+0.978%SunX0.2448+0.988%BloFin0.2448+0.990%HTX0.2448+1.002%
Injective
GMX
Coinbase International
SoDEX
Derive
Orderly
Phoenix
Kraken Futures
Deribit
Phemex
Backpack
Variational Omni
SunX
BloFin
HTXdYdX0.2449+1.031%
Gate0.2449+1.031%BingX0.2449+1.031%Extended0.2449+1.051%Aster0.2450+1.074%Pacifica0.2451+1.102%Paradex0.2452+1.137%Lighter0.2452+1.143%Bybit0.2452+1.155%ApeX Omni0.2452+1.155%KuCoin0.2452+1.167%edgeX0.2452+1.171%Polymarket Perps0.2453+1.180%OKX0.2453+1.196%Bitget0.2453+1.196%gTrade (Gains Network)0.2453+1.196%Binance0.2453+1.212%
Gate
BingX
Extended
Aster
Pacifica
Paradex
Lighter
Bybit
ApeX Omni
KuCoin
Polymarket Perps
OKX
Bitget
gTrade (Gains Network)
BinanceReya0.2453+1.215%
MEXC0.2454+1.238%Hyperliquid0.2455+1.275%
MEXC
HyperliquidADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −1.021% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.164% | L +0.0535% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.163% | +0.0112% | 1h | $494K | $7.1M | 50x | as long as short |
| SoDEX ADA-USD | −0.155% | +0.0100% | 1h | $717 | $13K | 10x | as long as short |
| Derive ADA-PERP | −0.139% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Kalshi KXADAPERP | −0.122% | 0.0000% | 8h | $105K | $5.9M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.122% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phoenix ADA | −0.098% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.093% | +0.0140% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.086% | +0.0241% | 1h | $469K | $411K | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ADAUSDT | −0.082% | +0.0372% | 8h | $47.8M | $6.0M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.061% | +0.0100% | 1h | $103K | $431K | 15x | as long as short |
| Variational Omni ADA | −0.053% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| SunX ADA-USDT | −0.042% | +0.0100% | 8h | $9K | $807K | 30x | as long as short |
| BloFin ADA-USDT | −0.041% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
| HTX ADA-USDT | −0.029% | +0.0100% | 8h | $1.3M | $5.2M | 75x | as long as short |
| dYdX ADA-USDlong | 0.000% | 0.0000% | 1h | $203K | $2K | 10x | |
| Gate ADA_USDT | 0.000% | −0.0017% | 8h | $95.2M | $56.0M | 75x | as long as short |
| BingX ADA-USDT | 0.000% | +0.0100% | 8h | — | $18.6M | — | as long as short |
| Extended ADA-USD | +0.019% | +0.0104% | 1h | $605K | $1.7M | 50x | as long as short |
| Aster ADAUSDT | +0.042% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| Pacifica ADA | +0.070% | +0.0100% | 1h | $159K | $179K | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.105% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.110% | +0.0096% | 1h | $2.3M | $987K | 10x | as long as short |
| Bybit ADAUSDT | +0.122% | +0.0100% | 8h | $71.8M | $111.4M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.122% | +0.0100% | 1h | $229K | $452K | 50x | as long as short |
| KuCoin ADAUSDTM | +0.135% | +0.0100% | 8h | $30.1M | $21.2M | 75x | as long as short |
| edgeX ADAUSDC | +0.138% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
| Polymarket Perps ADA-USD | +0.147% | +0.0100% | 1h | $94K | $736K | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.163% | +0.0100% | 8h | $32.3M | $109.4M | 50x | as long as short |
| Bitget ADAUSDT | +0.163% | +0.0100% | 8h | $64.7M | $46.6M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.163% | L +0.0005% / S −0.0003% | 1h | $91K | — | 150x | as long as short |
| Binance ADAUSDT | +0.179% | +0.0100% | 8h | $102.2M | $367.2M | 75x | as long as short |
| Reya ADARUSDPERPshort | +0.182% | +0.0294% | 1h | $1K | — | 15x | |
| MEXC ADA_USDT | +0.204% | +0.0100% | 8h | $51.5M | $62.8M | 300x | as long as short |
| Hyperliquid ADA | +0.241% | +0.0182% | 1h | $43.0M | $16.9M | 10x | as long as short |