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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.029%
Price spread now: Injective against gTrade (Gains Network)+0.808%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.808% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$81 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ADA/USD0.2451L +0.0005% / S −0.0003%pay 0.0001% / 1h8m 24s$84K150x
ShortInjective ADA/USDC PERP0.24710.0033get 0.0004% / 1h8m 24s$849$202K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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
$6.01
Price spread: +0.808% → 0.000%
$80.78
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$76.76
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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 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%1h0.2453+0.087%$206K$6K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2454+0.114%$202K$7.8M3.2xas long as short
gTrade (Gains Network) ADA/USDlongL +0.0005% / S −0.0003%1h0.2451long leg$84K150x
Kraken Futures PF_ADAUSD+0.0031%1h0.2453+0.085%$6.3M$12.9M50xas long as short
Injective ADA/USDC PERPshort+0.0033%1h0.2471+0.808%$849$202K12x
Lighter ADA+0.0096%1h0.2457+0.216%$2.4M$968K10xas long as short
Hyperliquid ADA+0.0100%1h0.2456+0.204%$43.8M$17.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2455+0.166%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2457+0.220%$157K$150K10xas long as short
Binance ADAUSDT+0.0100%8h0.2455+0.166%$105.3M$380.0M75xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2454+0.114%$74.4M$122.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2455+0.155%$32.3M$106.1M50xas long as short
Gate ADA_USDT+0.0100%8h0.2454+0.114%$101.3M$60.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2454+0.114%$51.2M$70.8M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2455+0.139%$29.4M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2455+0.155%$67.4M$49.5M75xas long as short
BingX ADA-USDT+0.0100%8h0.2455+0.155%$18.4Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2455+0.143%$136K$449K15xas long as short
Variational Omni ADA+0.0100%8h0.2450−0.054%$4.1M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2451+0.004%$65K$289K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2455+0.138%$291K$3.6M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2452+0.033%$69K$897K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2454+0.098%$103K$1.5M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2454+0.114%$6K$6K20xas long as short
SunX ADA-USDT+0.0100%8h0.2454+0.117%$8K$665K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2454+0.094%$337$6K10xas long as short
HTX ADA-USDT+0.0100%8h0.2453+0.077%$1.3M$6.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2454+0.114%$47.4M$7.5M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2456+0.184%$19K$58920xas long as short
Extended ADA-USD+0.0104%1h0.2455+0.143%$543K$1.7M50xas long as short
Phoenix ADA+0.0161%1h0.2453+0.057%$3K$104K10xas long as short
Coinbase International ADA-PERP-INTX+0.0176%1h0.2453+0.073%$411K$7.8M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2455+0.155%$4.6M$5.5M75xas long as short
Reya ADARUSDPERP+0.0269%1h0.2453+0.062%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0321%1h0.2454+0.122%$573K$837K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0368% / S −0.0294%1h0.2451−0.006%$87K100xas long as short