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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against edgeX−0.143%83s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.143%, 7d avg −0.014%
Together, before fees−0.056%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.129% cheaper against edgeX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ADAUSDC0.24750.0100pay 0.0050% / 4h1h 54m$66K$289K20x
ShortMEXC ADA_USDT0.24710.0100get 0.0100% / 8h5h 54m$49.9M$67.7M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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
$0
Price spread: −0.143% → −0.014%
−$12.87
Slippage, 4 orders
−$20.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$42.05
Costs to cover
0.292%
Break-even
never at this rate
Slippage from edgeX: live order book, 56 min ago; MEXC: live order book, 3 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 edgeX live order book, 56 min ago8.07 bp12.6 bp −$1329.2 bp −$292doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.02 bp2.0 bp −$22.7 bp −$2718.8 bp −$1,88152.9 bp −$26.4K

ADA on 36 exchanges

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-USD0.0000%1h0.2471−0.154%$206K$5K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2472−0.102%$233K$7.7M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2470−0.177%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0031%1h0.2472−0.118%$6.3M$13.2M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.143%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2472−0.094%$2.4M$934K10xas long as short
Aster ADAUSDT+0.0100%8h0.2472−0.111%$1.2M$1.2M75xas long as short
Pacifica ADA+0.0100%1h0.2472−0.111%$158K$151K10xas long as short
Binance ADAUSDT+0.0100%8h0.2471−0.128%$105.9M$381.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2471−0.143%$74.4M$121.5M75xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2471−0.143%$32.7M$108.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2469−0.224%$101.7M$59.7M75xas long as short
MEXC ADA_USDTshort+0.0100%8h0.2471−0.143%$49.9M$67.7M300x
KuCoin ADAUSDTM+0.0100%8h0.2471−0.147%$29.6M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2471−0.143%$67.6M$50.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2471−0.143%$18.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2472−0.110%$141K$449K15xas long as short
Variational Omni ADA+0.0100%8h0.2472−0.108%$4.2M$1.1Mas long as short
edgeX ADAUSDClong+0.0100%4h0.2475long leg$66K$289K20x
GRVT ADA_USDT_Perp+0.0100%8h0.2478+0.147%$290K$3.6M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2478+0.140%$71K$896K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2471−0.131%$119K$1.3M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2470−0.183%$6K$4K20xas long as short
SunX ADA-USDT+0.0100%8h0.2471−0.144%$8K$672K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2472−0.123%$340$6K10xas long as short
HTX ADA-USDT+0.0100%8h0.2471−0.147%$1.3M$6.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2472−0.102%$47.7M$7.5M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2471−0.153%$20K$58920xas long as short
Extended ADA-USD+0.0104%1h0.2470−0.176%$545K$1.7M50xas long as short
Hyperliquid ADA+0.0115%1h0.2473−0.042%$44.1M$17.4M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0155%1h0.2472−0.114%$610K$796K50xas long as short
Coinbase International ADA-PERP-INTX+0.0176%1h0.2472−0.102%$404K$8.0M50xas long as short
Phoenix ADA+0.0192%1h0.2475+0.035%$3K$104K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2474−0.021%$4.6M$5.5M75xas long as short
Reya ADARUSDPERP+0.0270%1h0.2471−0.151%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0369% / S −0.0295%1h0.2470−0.179%$88K100xas long as short