After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.058%7d average+0.041%fees + slippage, in and out−$42spread needed0.419%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ADA_USDT | 0.2430 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $94.3M | $54.6M | 75x |
| Short | Polymarket Perps ADA-USD | 0.2429 | 0.0100 | get 0.0013% / 1h | 38m 57s | $92K | $730K | 10x |
Gate ADA_USDT
Polymarket Perps ADA-USDPrice 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
- −$5.76
- Funding while held
- $0
- Slippage, 4 orders
- −$18.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$47.66
- Spread needed to break even
- 0.419%
Slippage from Gate: live order book, 1 min ago; Polymarket Perps: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Gate live order book, 1 min ago | 2.06 bp | 13.5 bp −$13 | 17.4 bp −$174 | 92.3 bp −$9,230 | doesn't fit |
| Sell Polymarket Perps live order book, 65 min ago | 3.46 bp | 7.5 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestApeX Omni0.2427+0.124%Coinbase International0.2427+0.124%dYdX0.2427+0.131%Variational Omni0.2428+0.150%Phoenix0.2428+0.165%Pacifica0.2428+0.180%
Injective
ApeX Omni
Coinbase International
dYdX
Variational Omni
Phoenix
PacificaPolymarket Perps0.2429+0.190%
edgeX0.2429+0.200%Reya0.2429+0.208%Paradex0.2429+0.214%GMX0.2430+0.239%
Reya
Paradex
GMXGate0.2430+0.248%
Kalshi0.2430+0.248%BloFin0.2430+0.248%gTrade (Gains Network)0.2431+0.271%SunX0.2431+0.287%Bybit0.2431+0.289%MEXC0.2431+0.289%Orderly0.2431+0.289%SoDEX0.2431+0.289%Phemex0.2431+0.289%Derive0.2431+0.291%HTX0.2431+0.305%Binance0.2432+0.330%Bitget0.2432+0.330%BingX0.2432+0.330%Kraken Futures0.2432+0.331%Aster0.2432+0.331%Lighter0.2432+0.342%KuCoin0.2433+0.355%Backpack0.2433+0.359%Deribit0.2433+0.367%Extended0.2433+0.371%Hyperliquid0.2433+0.384%OKX0.2434+0.413%
BloFin
gTrade (Gains Network)
SunX
Bybit
MEXC
Orderly
SoDEX
Phemex
Derive
HTX
Binance
Bitget
BingX
Kraken Futures
Aster
Lighter
KuCoin
Backpack
Deribit
Extended
Hyperliquid
OKXADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.247% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.123% | +0.0100% | 1h | $227K | $453K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.123% | +0.0080% | 1h | $472K | $6.8M | 50x | as long as short |
| dYdX ADA-USD | −0.116% | +0.0060% | 1h | $201K | $2K | 10x | as long as short |
| Variational Omni ADA | −0.097% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Phoenix ADA | −0.082% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Pacifica ADA | −0.067% | +0.0100% | 1h | $156K | $162K | 10x | as long as short |
| Polymarket Perps ADA-USDshort | −0.058% | +0.0100% | 1h | $92K | $730K | 10x | |
| edgeX ADAUSDC | −0.048% | +0.0100% | 4h | $64K | $277K | 20x | as long as short |
| Reya ADARUSDPERP | −0.040% | +0.0292% | 1h | $1K | — | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ADA-USD-PERP | −0.033% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.009% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Gate ADA_USDTlong | 0.000% | +0.0100% | 8h | $94.3M | $54.6M | 75x | |
| Kalshi KXADAPERP | 0.000% | 0.0000% | 8h | $91K | $5.7M | 3.2x | as long as short |
| BloFin ADA-USDT | 0.000% | +0.0220% | 8h | $4.5M | $6.4M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.023% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| SunX ADA-USDT | +0.040% | +0.0100% | 8h | $9K | $759K | 30x | as long as short |
| Bybit ADAUSDT | +0.041% | +0.0100% | 8h | $71.0M | $102.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.041% | +0.0100% | 8h | $51.4M | $59.7M | 300x | as long as short |
| Orderly PERP_ADA_USDC | +0.041% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SoDEX ADA-USD | +0.041% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
| Phemex ADAUSDT | +0.041% | +0.0100% | 8h | $47.4M | $5.8M | 50x | as long as short |
| Derive ADA-PERP | +0.043% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| HTX ADA-USDT | +0.057% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Binance ADAUSDT | +0.082% | +0.0100% | 8h | $101.2M | $346.7M | 75x | as long as short |
| Bitget ADAUSDT | +0.082% | +0.0100% | 8h | $64.2M | $43.8M | 75x | as long as short |
| BingX ADA-USDC | +0.082% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Kraken Futures PF_ADAUSD | +0.083% | +0.0354% | 1h | $6.1M | $10.9M | 50x | as long as short |
| Aster ADAUSDT | +0.083% | +0.0100% | 8h | $1.1M | $1.1M | 75x | as long as short |
| Lighter ADA | +0.095% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| KuCoin ADAUSDTM | +0.107% | +0.0100% | 8h | $30.0M | $18.0M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.111% | +0.0100% | 1h | $103K | $417K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.119% | +0.0573% | 1h | $474K | $389K | 50x | as long as short |
| Extended ADA-USD | +0.123% | +0.0104% | 1h | $608K | $1.7M | 50x | as long as short |
| Hyperliquid ADA | +0.136% | +0.0100% | 1h | $42.5M | $13.5M | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.165% | +0.0100% | 8h | $32.2M | $103.7M | 50x | as long as short |