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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.035%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.035%, 7d avg +0.056%
Together, before fees+0.112%+ Points / potential airdropExtended: Active · farm board+$11 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: KuCoin is 0.091% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24390.0104pay 0.0013% / 1h49m 19s$511K$1.8M50x
ShortKuCoin ADAUSDTM0.24380.0100get 0.0100% / 8h1h 49m$29.4M$15.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: −0.035% → +0.056%
−$9.1
Slippage, 4 orders
−$18.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$45.06
Costs to cover
0.351%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; KuCoin: live order book, 10 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, 4 min ago2.05 bp4.6 bp −$59.9 bp −$99doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago1.63 bp15.1 bp −$1524.7 bp −$247doesn't fitdoesn't fit

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
Kalshi KXADAPERP0.0000%8h0.2444+0.211%$192K$7.6M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2437−0.059%$83K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.318%$849$202K12xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2437−0.076%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2438−0.035%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2441+0.087%$156K$178K10xas long as short
Binance ADAUSDT+0.0100%8h0.2438−0.028%$102.5M$410.8M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2437−0.076%$72.1M$125.0M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2437−0.076%$32.4M$118.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2436−0.117%$99.6M$64.1M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ADA_USDT+0.0100%8h0.2437−0.076%$51.9M$64.5M300xas long as short
KuCoin ADAUSDTMshort+0.0100%8h0.2438−0.035%$29.4M$15.9M75x
Bitget ADAUSDT+0.0100%8h0.2437−0.076%$66.1M$53.5M75xas long as short
BingX ADA-USDT+0.0100%8h0.2438−0.035%$20.3Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2445+0.260%$138K$484K15xas long as short
Variational Omni ADA+0.0100%8h0.2437−0.072%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2438−0.053%$65K$286K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2437−0.095%$295K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2440+0.047%$82K$890K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2437−0.063%$122K$1.2M10xas long as short
Derive ADA-PERP+0.0100%1h0.2438−0.040%$40K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2440+0.045%$8K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2445+0.232%$336$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2444+0.224%$1.3M$7.0M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2444+0.211%$47.4M$7.4M50xas long as short
Extended ADA-USDlong+0.0104%1h0.2439long leg$511K$1.8M50x
Paradex ADA-USD-PERP+0.0105%8h0.2441+0.101%$20K$25020xas long as short
Coinbase International ADA-PERP-INTX+0.0120%1h0.2437−0.076%$374K$8.6M50xas long as short
Phoenix ADA+0.0163%1h0.2437−0.055%$4K$111K10xas long as short
Kraken Futures PF_ADAUSD+0.0170%1h0.2445+0.253%$6.3M$13.8M50xas long as short
dYdX ADA-USD+0.0172%1h0.2440+0.038%$201K$2K10xas long as short
Lighter ADA+0.0208%1h0.2442+0.113%$2.4M$1.0M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2440+0.047%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0275%1h0.2437−0.095%$1K15xas long as short
Hyperliquid ADA+0.0296%1h0.2439+0.019%$42.8M$18.2M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0630% / S −0.0728%1h0.2437−0.082%$163K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0692%1h0.2445+0.248%$622K$613K50xas long as short