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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0001%/8h= −0.2% APRpaid last 24h +0.009%
Price spread now: Paradex against Extended+0.077%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.077% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24670.0104pay 0.0013% / 1h29m 51s$546K$1.8M50x
ShortParadex ADA-USD-PERP0.24690.0103get 0.0103% / 8h7h 29m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.31
Price spread: +0.077% → 0.000%
$7.7
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1.61
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.

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 ago2.03 bp4.5 bp −$59.8 bp −$98doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 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-USD0.0000%1h0.2467+0.007%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2468+0.041%$184K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2465−0.060%$85K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.163%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0040%1h0.2464−0.121%$420K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0047%1h0.2466−0.045%$6.2M$11.7M50xas long as short
Phoenix ADA+0.0098%1h0.2467−0.015%$4K$84K10xas long as short
Aster ADAUSDT+0.0100%8h0.2467+0.016%$1.2M$946K75xas long as short
Pacifica ADA+0.0100%1h0.2469+0.064%$159K$145K10xas long as short
Binance ADAUSDT+0.0100%8h0.2467+0.001%$102.9M$365.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2466−0.040%$72.4M$104.1M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2467+0.001%$32.6M$107.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2466−0.040%$98.1M$58.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2466−0.040%$52.8M$51.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2467−0.011%$30.2M$17.8M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2466−0.040%$66.0M$44.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2467+0.001%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2467−0.003%$119K$410K15xas long as short
Variational Omni ADA+0.0100%8h0.2470+0.127%$4.2M$942Kas long as short
edgeX ADAUSDC+0.0100%4h0.2461−0.238%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2462−0.205%$288K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2466−0.040%$56K$583K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2465−0.060%$94K$645K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2466−0.040%$6K$29K20xas long as short
Derive ADA-PERP+0.0100%1h0.2466−0.026%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2469+0.081%$9K$765K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2467−0.020%$339$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2466−0.033%$1.3M$5.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2465−0.080%$48.1M$5.8M50xas long as short
Paradex ADA-USD-PERPshort+0.0103%8h0.2469+0.077%$21K$25020x
Extended ADA-USDlong+0.0104%1h0.2467long leg$546K$1.8M50x
Lighter ADA+0.0112%1h0.2468+0.053%$2.5M$1.1M10xas long as short
Hyperliquid ADA+0.0164%1h0.2468+0.049%$43.1M$14.5M10xas long as short
BloFin ADA-USDT+0.0220%8h0.2472+0.203%$4.4M$5.5M75xas long as short
Deribit ADA_USDC-PERPETUAL+0.0277%1h0.2467−0.015%$496K$434K50xas long as short
Reya ADARUSDPERP+0.0283%1h0.2466−0.059%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0626% / S −0.0393%1h0.2465−0.079%$142K100xas long as short