After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.010%7d average+0.044%fees + slippage, in and out−$37spread needed0.367%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ADAUSDC | 0.2432 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $65K | $278K | 20x |
| Short | Deribit ADA_USDC-PERPETUAL | 0.2432 | 0.0367 | get 0.0046% / 1h | 33m 09s | $474K | $386K | 50x |
Deribit ADA_USDC-PERPETUALPrice 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
- $0.98
- Funding while held
- $8.01
- Slippage, 4 orders
- −$20.69
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$27.71
- Spread needed to break even
- 0.367%
Slippage from edgeX: live order book, 6 min ago; Deribit: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0267%
- Per $10,000 a day
- +$8.01
- 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 edgeX live order book, 6 min ago | 6.17 bp | 10.7 bp −$11 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 7 min ago | 3.50 bp | 8.4 bp −$8 | 15.0 bp −$150 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestVariational Omni0.2429+0.193%Phoenix0.2430+0.243%Gate0.2430+0.248%GMX0.2431+0.282%Extended0.2431+0.288%Bybit0.2431+0.289%MEXC0.2431+0.289%gTrade (Gains Network)0.2431+0.301%SoDEX0.2431+0.305%Reya0.2432+0.310%KuCoin0.2432+0.314%Binance0.2432+0.314%Derive0.2432+0.315%SunX0.2432+0.329%Aster0.2432+0.330%OKX0.2432+0.330%Bitget0.2432+0.330%BingX0.2432+0.330%Orderly0.2432+0.330%Coinbase International0.2432+0.330%Phemex0.2432+0.330%Kraken Futures0.2432+0.332%dYdX0.2432+0.333%Polymarket Perps0.2432+0.334%Pacifica0.2432+0.335%
Injective
Variational Omni
Phoenix
Gate
GMX
Extended
Bybit
MEXC
gTrade (Gains Network)
SoDEX
Reya
KuCoin
Binance
Derive
SunX
Aster
OKX
Bitget
BingX
Orderly
Coinbase International
Phemex
Kraken Futures
dYdX
Polymarket Perps
PacificaDeribit0.2432+0.342%
HTX0.2432+0.344%Lighter0.2432+0.347%Backpack0.2432+0.347%Paradex0.2433+0.351%Hyperliquid0.2433+0.363%BloFin0.2433+0.371%Kalshi0.2434+0.413%ApeX Omni0.2436+0.495%
HTX
Lighter
Backpack
Paradex
Hyperliquid
BloFin
ApeX OmniADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.332% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| Variational Omni ADA | −0.139% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Phoenix ADA | −0.089% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Gate ADA_USDT | −0.085% | +0.0100% | 8h | $94.4M | $54.7M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.051% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Extended ADA-USD | −0.044% | +0.0104% | 1h | $609K | $1.7M | 50x | as long as short |
| Bybit ADAUSDT | −0.044% | +0.0100% | 8h | $71.0M | $100.7M | 75x | as long as short |
| MEXC ADA_USDT | −0.044% | +0.0100% | 8h | $51.7M | $59.7M | 300x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.031% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| SoDEX ADA-USD | −0.027% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ADARUSDPERP | −0.022% | +0.0292% | 1h | $1K | — | 15x | as long as short |
| KuCoin ADAUSDTM | −0.019% | +0.0100% | 8h | $30.0M | $17.8M | 75x | as long as short |
| Binance ADAUSDT | −0.019% | +0.0100% | 8h | $101.2M | $342.4M | 75x | as long as short |
| Derive ADA-PERP | −0.018% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| SunX ADA-USDT | −0.004% | +0.0100% | 8h | $9K | $756K | 30x | as long as short |
| Aster ADAUSDT | −0.003% | +0.0100% | 8h | $1.1M | $1.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.003% | +0.0100% | 8h | $32.2M | $102.7M | 50x | as long as short |
| Bitget ADAUSDT | −0.003% | +0.0100% | 8h | $64.2M | $43.4M | 75x | as long as short |
| BingX ADA-USDC | −0.003% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Orderly PERP_ADA_USDC | −0.003% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.003% | +0.0080% | 1h | $474K | $6.8M | 50x | as long as short |
| Phemex ADAUSDT | −0.003% | +0.0100% | 8h | $47.4M | $5.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | −0.001% | +0.0354% | 1h | $6.1M | $10.8M | 50x | as long as short |
| edgeX ADAUSDClong | 0.000% | +0.0100% | 4h | $65K | $278K | 20x | |
| dYdX ADA-USD | 0.000% | +0.0091% | 1h | $201K | $2K | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.002% | +0.0100% | 1h | $92K | $730K | 10x | as long as short |
| Pacifica ADA | +0.002% | +0.0100% | 1h | $156K | $162K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUALshort | +0.010% | +0.0367% | 1h | $474K | $386K | 50x | |
| HTX ADA-USDT | +0.012% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Lighter ADA | +0.014% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.014% | +0.0100% | 1h | $103K | $413K | 15x | as long as short |
| Paradex ADA-USD-PERP | +0.018% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.030% | +0.0100% | 1h | $42.5M | $13.5M | 10x | as long as short |
| BloFin ADA-USDT | +0.039% | +0.0220% | 8h | $4.4M | $5.6M | 75x | as long as short |
| Kalshi KXADAPERP | +0.080% | 0.0000% | 8h | $133K | $5.8M | 3.2x | as long as short |
| ApeX Omni ADAUSDT | +0.162% | +0.0100% | 1h | $228K | $453K | 50x | as long as short |