Spread before costs (cost unknown: a leg has no order-book sample)+0.042%
7d average—if it closes, per $10,000$4funding while held, a day+$2.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ADA/USD | 0.2439 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 11m 42s | $84K | — | 150x |
| Short | OKX ADA-USDT-SWAP | 0.2440 | 0.0100 | get 0.0100% / 8h | 5h 11m | $32.2M | $103.3M | 50x |
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
- $4.22
- Funding while held
- $2.86
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$12.92
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0095%
- Per $10,000 a day
- +$2.86
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 2.05 bp | 10.8 bp −$11 | 14.5 bp −$145 | 42.6 bp −$4,259 | doesn't fit |
gTrade (Gains Network): 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 | −0.614% | +0.0033% | 1h | $832 | $66K | 12x | as long as short |
| Gate ADA_USDT | −0.040% | +0.0100% | 8h | $96.1M | $56.2M | 75x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.040% | +0.0072% | 1h | $468K | $6.8M | 50x | as long as short |
| Polymarket Perps ADA-USD | −0.023% | +0.0100% | 1h | $91K | $728K | 10x | as long as short |
| HTX ADA-USDT | −0.021% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Aster ADAUSDT | −0.019% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Reya ADARUSDPERP | −0.019% | +0.0290% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.015% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| dYdX ADA-USD | −0.006% | 0.0000% | 1h | $201K | $4K | 10x | as long as short |
| gTrade (Gains Network) ADA/USDlong | 0.000% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.001% | +0.0100% | 8h | $70.5M | $99.2M | 75x | as long as short |
| BingX ADA-USDT | +0.001% | +0.0100% | 8h | — | $18.9M | — | as long as short |
| Kalshi KXADAPERP | +0.001% | 0.0000% | 8h | $119K | $5.8M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | +0.001% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Pacifica ADA | +0.020% | +0.0100% | 1h | $157K | $148K | 10x | as long as short |
| Hyperliquid ADA | +0.038% | +0.0100% | 1h | $42.6M | $13.8M | 10x | as long as short |
| Extended ADA-USD | +0.040% | +0.0104% | 1h | $589K | $1.7M | 50x | as long as short |
| SunX ADA-USDT | +0.041% | +0.0100% | 8h | $9K | $751K | 30x | as long as short |
| OKX ADA-USDT-SWAPshort | +0.042% | +0.0100% | 8h | $32.2M | $103.3M | 50x | |
| MEXC ADA_USDT | +0.042% | +0.0100% | 8h | $52.0M | $58.4M | 300x | as long as short |
| Bitget ADAUSDT | +0.042% | +0.0100% | 8h | $64.5M | $41.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.042% | +0.0100% | 8h | $47.5M | $5.1M | 50x | as long as short |
| Binance ADAUSDT | +0.051% | +0.0100% | 8h | $101.4M | $343.2M | 75x | as long as short |
| Derive ADA-PERP | +0.057% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Backpack ADA_USDC_PERP | +0.059% | +0.0100% | 1h | $102K | $414K | 15x | as long as short |
| SoDEX ADA-USD | +0.063% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| KuCoin ADAUSDTM | +0.067% | +0.0100% | 8h | $30.2M | $17.6M | 75x | as long as short |
| edgeX ADAUSDC | +0.071% | +0.0100% | 4h | $65K | $279K | 20x | as long as short |
| Kraken Futures PF_ADAUSD | +0.079% | +0.0261% | 1h | $6.2M | $10.8M | 50x | as long as short |
| BloFin ADA-USDT | +0.083% | +0.0220% | 8h | $4.4M | $4.9M | 75x | as long as short |
| Lighter ADA | +0.087% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.092% | +0.0102% | 8h | $20K | $250 | 20x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.116% | +0.0570% | 1h | $477K | $376K | 50x | as long as short |
| ApeX Omni ADAUSDT | +0.124% | +0.0100% | 1h | $230K | $457K | 50x | as long as short |
| Variational Omni ADA | +0.148% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Phoenix ADA | +0.202% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
gTrade (Gains Network) ADA/USD
OKX ADA-USDT-SWAP
Injective
Gate
Coinbase International
Polymarket Perps
HTX
Aster
GMX
Bybit
BingX
Pacifica
Hyperliquid
Extended
SunX
MEXC
Bitget
Phemex
Binance
Derive
Backpack
SoDEX
KuCoin
Kraken Futures
BloFin
Lighter
Paradex
Deribit
ApeX Omni
Variational Omni
Phoenix