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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.017%
Price spread now: dYdX against Extended+0.570%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$3283.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 4 days (all we have)−0.550%−$55 · spread now +0.570%, 7d avg +0.021%
Together, before fees−0.623%+ Points / potential airdropExtended: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.549% dearer against Extended than usual: you sell high and buy low (spread +0.570% now, against its 7-day average of +0.021%): +$55 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.073% in total) that is about 52 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24420.0104pay 0.0013% / 1h42m 52s$533K$1.8M50x
ShortdYdX ADA-USD0.24560get 0.0000% / 1h42m 52s$202K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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
−$21.84
Price spread: +0.570% → +0.021%
$54.93
Slippage, 4 orders
−$313.04
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$294.95
Costs to cover
3.280%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; dYdX: live order book, 26 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 Extended live order book, 1 min ago2.04 bp4.5 bp −$510.0 bp −$100doesn't fitdoesn't fit
Sell dYdX live order book, 26 min ago75.22 bp80.2 bp −$8080.2 bp −$80282.3 bp −$8,233137.5 bp −$68.8K

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-USDshort0.0000%1h0.2456+0.570%$202K$4K10x
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2453+0.450%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.171%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2453+0.434%$406K$7.4M50xas long as short
Lighter ADA+0.0096%1h0.2455+0.529%$2.4M$1.0M10xas long as short
Hyperliquid ADA+0.0100%1h0.2448+0.245%$42.6M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2448+0.248%$1.2M$971K75xas long as short
Pacifica ADA+0.0100%1h0.2455+0.525%$159K$158K10xas long as short
Binance ADAUSDT+0.0100%8h0.2443+0.040%$102.1M$375.9M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2443+0.025%$71.9M$108.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2444+0.066%$32.4M$108.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2441−0.057%$97.8M$58.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2443+0.025%$50.2M$50.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2442−0.020%$29.8M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2442−0.016%$65.2M$46.6M75xas long as short
BingX ADA-USDT+0.0100%8h0.2443+0.025%$20.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2449+0.262%$126K$422K15xas long as short
Variational Omni ADA+0.0100%8h0.2453+0.439%$4.2M$992Kas long as short
edgeX ADAUSDC+0.0100%4h0.2458+0.644%$65K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453+0.433%$290K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2460+0.721%$56K$588K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2454+0.475%$93K$656K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2453+0.434%$6K$28K20xas long as short
Derive ADA-PERP+0.0100%1h0.2454+0.482%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2456+0.558%$9K$774K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2454+0.467%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2455+0.512%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2450+0.312%$47.7M$6.4M50xas long as short
Extended ADA-USDlong+0.0104%1h0.2442long leg$533K$1.8M50x
Paradex ADA-USD-PERP+0.0105%8h0.2458+0.625%$21K$25020xas long as short
Kalshi KXADAPERP+0.0109%8h0.2457+0.598%$195K$6.2M3.2xas long as short
Phoenix ADA+0.0163%1h0.2453+0.422%$4K$87K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2459+0.680%$4.4M$5.6M75xas long as short
Reya ADARUSDPERP+0.0281%1h0.2455+0.497%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0354%1h0.2452+0.403%$6.2M$12.1M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0402%1h0.2454+0.484%$502K$473K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0622% / S −0.0389%1h0.2454+0.472%$140K100xas long as short