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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.062%
Price spread now: Reya against Gate+0.020%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ADA_USDT0.24650.0100pay 0.0100% / 8h6h 04m$99.0M$60.5M75x
ShortReya ADARUSDPERP0.24650.0281get 0.0035% / 1h4m 27s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Gate. 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
$37.92
Price spread: +0.020% → 0.000%
$1.98
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Reya: 3 bp × 2 orders
−$6
Net
$18.9
Costs to cover
0.210%
Break-even
3.5 days
Slippage unknown: Gate: live order book, 5 min ago; Reya: 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 Gate live order book, 5 min ago2.04 bp13.5 bp −$1418.0 bp −$18096.7 bp −$9,671doesn't fit
Sell Reya no order-book sample
Reya: 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 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%1h0.2464−0.061%$203K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464−0.034%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.243%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2457−0.325%$407K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2467+0.093%$43.0M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2463−0.068%$1.2M$982K75xas long as short
Pacifica ADA+0.0100%1h0.2466+0.040%$158K$159K10xas long as short
Binance ADAUSDT+0.0100%8h0.2466+0.041%$103.5M$369.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2466+0.041%$72.6M$108.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2466+0.041%$32.8M$106.7M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDTlong+0.0100%8h0.2465long leg$99.0M$60.5M75x
MEXC ADA_USDT+0.0100%8h0.2466+0.041%$59.3M$53.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2466+0.032%$30.0M$17.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2466+0.041%$66.3M$47.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2466+0.041%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2460−0.203%$127K$410K15xas long as short
Variational Omni ADA+0.0100%8h0.2459−0.241%$4.2M$992Kas long as short
edgeX ADAUSDC+0.0100%4h0.2455−0.413%$65K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2446−0.791%$296K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.406%$56K$590K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2466+0.057%$94K$670K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2459−0.243%$6K$16K20xas long as short
Derive ADA-PERP+0.0100%1h0.2460−0.192%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2462−0.127%$9K$756K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2460−0.183%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2459−0.230%$1.3M$5.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2460−0.203%$47.9M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2466+0.038%$534K$1.8M50xas long as short
Kalshi KXADAPERP+0.0107%8h0.2457−0.325%$148K$6.2M3.2xas long as short
Paradex ADA-USD-PERP+0.0108%8h0.2466+0.026%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2449−0.669%$4K$87K10xas long as short
Lighter ADA+0.0200%1h0.2468+0.114%$2.5M$1.0M10xas long as short
Reya ADARUSDPERPshort+0.0281%1h0.2465+0.020%$1K15x
Kraken Futures PF_ADAUSD+0.0353%1h0.2460−0.221%$6.3M$12.2M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0360%1h0.2460−0.187%$503K$470K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0417% / S −0.0202%1h0.2463−0.064%$96K100xas long as short