Spread before costs (cost unknown: a leg has no order-book sample)+0.002%
7d average—if it closes, per $10,000$0funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ADA-USD | 0.2437 | 0.0104 | pay 0.0013% / 1h | 26m 25s | $600K | $1.7M | 50x |
| Short | Derive ADA-PERP | 0.2437 | 0.0100 | get 0.0013% / 1h | 26m 25s | $39K | $3K | 5x |
Price 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
- $0.21
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$10.91
- Spread needed to break even
- 0.110%
Slippage unknown: Extended: live order book, 4 min ago; Derive: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Extended live order book, 4 min ago | 2.05 bp | 4.5 bp −$5 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| 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.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.515% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| dYdX ADA-USD | −0.097% | 0.0000% | 1h | $201K | $2K | 10x | as long as short |
| Pacifica ADA | −0.064% | +0.0100% | 1h | $158K | $177K | 10x | as long as short |
| Bybit ADAUSDT | −0.063% | +0.0100% | 8h | $71.1M | $109.7M | 75x | as long as short |
| Gate ADA_USDT | −0.063% | +0.0100% | 8h | $94.8M | $56.7M | 75x | as long as short |
| Aster ADAUSDT | −0.043% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Lighter ADA | −0.034% | +0.0096% | 1h | $2.2M | $1.0M | 10x | as long as short |
| OKX ADA-USDT-SWAP | −0.022% | +0.0100% | 8h | $32.2M | $108.5M | 50x | as long as short |
| BingX ADA-USDT | −0.022% | +0.0100% | 8h | — | $18.3M | — | as long as short |
| Orderly PERP_ADA_USDC | −0.022% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ADA/USD | −0.012% | L +0.0005% / S −0.0003% | 1h | $85K | — | 150x | as long as short |
| Paradex ADA-USD-PERP | −0.002% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| SoDEX ADA-USD | −0.001% | +0.0100% | 1h | $714 | $13K | 10x | as long as short |
| Extended ADA-USDlong | 0.000% | +0.0104% | 1h | $600K | $1.7M | 50x | |
| Derive ADA-PERPshort | +0.002% | +0.0100% | 1h | $39K | $3K | 5x | |
| KuCoin ADAUSDTM | +0.003% | +0.0100% | 8h | $30.1M | $20.7M | 75x | as long as short |
| Binance ADAUSDT | +0.019% | +0.0100% | 8h | $101.5M | $365.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.019% | +0.0100% | 8h | $51.8M | $63.4M | 300x | as long as short |
| Bitget ADAUSDT | +0.019% | +0.0100% | 8h | $64.6M | $46.6M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.019% | +0.0096% | 1h | $228K | $452K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.021% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Polymarket Perps ADA-USD | +0.031% | +0.0100% | 1h | $93K | $738K | 10x | as long as short |
| Reya ADARUSDPERP | +0.037% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.048% | +0.0530% | 1h | $467K | $408K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.060% | +0.0112% | 1h | $487K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.066% | +0.0140% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Hyperliquid ADA | +0.097% | +0.0105% | 1h | $42.6M | $16.9M | 10x | as long as short |
| SunX ADA-USDT | +0.099% | +0.0100% | 8h | $9K | $800K | 30x | as long as short |
| Backpack ADA_USDC_PERP | +0.130% | +0.0100% | 1h | $103K | $430K | 15x | as long as short |
| Kalshi KXADAPERP | +0.142% | 0.0000% | 8h | $83K | $5.8M | 3.2x | as long as short |
| Phemex ADAUSDT | +0.142% | +0.0100% | 8h | $47.6M | $6.0M | 50x | as long as short |
| HTX ADA-USDT | +0.176% | +0.0100% | 8h | $1.3M | $5.1M | 75x | as long as short |
| BloFin ADA-USDT | +0.183% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| Variational Omni ADA | +0.209% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.383% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| Phoenix ADA | +0.409% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
Extended ADA-USD
Derive ADA-PERP
Injective
Pacifica
Bybit
Gate
Aster
Lighter
OKX
BingX
gTrade (Gains Network)
Paradex
SoDEX
KuCoin
Binance
MEXC
Bitget
ApeX Omni
GMX
Polymarket Perps
Deribit
Coinbase International
Kraken Futures
Hyperliquid
SunX
Backpack
Phemex
HTX
BloFin
Variational Omni
Phoenix