Spread before costs (cost unknown: a leg has no order-book sample)−0.159%
7d average+0.021%if it closes, per $10,000$16funding while held, a day+$0.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ADA_USDT | 0.2443 | 0.0078 | pay 0.0078% / 8h | 59m 05s | $94.3M | $56.7M | 75x |
| Short | Variational Omni ADA | 0.2439 | 0.0100 | get 0.0100% / 8h | 59m 05s | $4.2M | $1.0M | — |
Gate ADA_USDT
Variational Omni ADAPrice 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
- −$15.87
- Funding while held
- $0.66
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.21
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0022%
- Per $10,000 a day
- +$0.66
- 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 | 2.05 bp | 13.0 bp −$13 | 17.4 bp −$174 | 85.7 bp −$8,573 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 8.20 bp | doesn't fit | 12.3 bp −$123 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapest
InjectiveVariational Omni0.2439+0.624%
Coinbase International0.2440+0.660%dYdX0.2440+0.664%GMX0.2440+0.674%gTrade (Gains Network)0.2440+0.678%Polymarket Perps0.2440+0.681%Derive0.2441+0.683%edgeX0.2441+0.693%Extended0.2441+0.695%Orderly0.2441+0.701%Reya0.2441+0.703%Pacifica0.2441+0.703%KuCoin0.2441+0.705%Aster0.2441+0.710%SunX0.2442+0.741%Kalshi0.2442+0.743%Paradex0.2442+0.743%SoDEX0.2442+0.747%Deribit0.2442+0.751%
Coinbase International
dYdX
GMX
gTrade (Gains Network)
Polymarket Perps
Derive
Extended
Orderly
Reya
Pacifica
KuCoin
Aster
SunX
Paradex
SoDEX
DeribitGate0.2443+0.784%
Phemex0.2443+0.784%Kraken Futures0.2443+0.792%MEXC0.2444+0.825%BingX0.2444+0.825%BloFin0.2444+0.825%Lighter0.2444+0.829%HTX0.2445+0.860%Backpack0.2445+0.862%Bitget0.2445+0.866%Hyperliquid0.2446+0.920%Bybit0.2447+0.949%ApeX Omni0.2447+0.949%Binance0.2448+0.986%Phoenix0.2448+0.994%OKX0.2449+1.031%
Phemex
Kraken Futures
MEXC
BingX
BloFin
Lighter
HTX
Backpack
Bitget
Hyperliquid
Bybit
ApeX Omni
Binance
Phoenix
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 | −0.778% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| Variational Omni ADAshort | −0.159% | +0.0100% | 8h | $4.2M | $1.0M | — | |
| Coinbase International ADA-PERP-INTX | −0.123% | +0.0120% | 1h | $421K | $6.8M | 50x | as long as short |
| dYdX ADA-USD | −0.119% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.109% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.105% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Polymarket Perps ADA-USD | −0.102% | +0.0100% | 1h | $93K | $724K | 10x | as long as short |
| Derive ADA-PERP | −0.100% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| edgeX ADAUSDC | −0.090% | +0.0100% | 4h | $65K | $354K | 20x | as long as short |
| Extended ADA-USD | −0.088% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ADA_USDC | −0.082% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Reya ADARUSDPERP | −0.080% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Pacifica ADA | −0.080% | +0.0100% | 1h | $159K | $176K | 10x | as long as short |
| KuCoin ADAUSDTM | −0.078% | +0.0100% | 8h | $30.3M | $21.0M | 75x | as long as short |
| Aster ADAUSDT | −0.073% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| SunX ADA-USDT | −0.043% | +0.0100% | 8h | $9K | $788K | 30x | as long as short |
| Kalshi KXADAPERP | −0.041% | 0.0000% | 8h | $145K | $5.7M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | −0.040% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| SoDEX ADA-USD | −0.037% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.033% | +0.0160% | 1h | $463K | $398K | 50x | as long as short |
| Gate ADA_USDTlong | 0.000% | +0.0078% | 8h | $94.3M | $56.7M | 75x | |
| Phemex ADAUSDT | 0.000% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.008% | +0.0223% | 1h | $6.0M | $11.4M | 50x | as long as short |
| MEXC ADA_USDT | +0.041% | +0.0100% | 8h | $51.5M | $61.2M | 300x | as long as short |
| BingX ADA-USDC | +0.041% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| BloFin ADA-USDT | +0.041% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| Lighter ADA | +0.045% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| HTX ADA-USDT | +0.075% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.078% | +0.0100% | 1h | $105K | $420K | 15x | as long as short |
| Bitget ADAUSDT | +0.082% | +0.0100% | 8h | $64.2M | $46.6M | 75x | as long as short |
| Hyperliquid ADA | +0.135% | +0.0133% | 1h | $41.8M | $15.7M | 10x | as long as short |
| Bybit ADAUSDT | +0.164% | +0.0100% | 8h | $70.8M | $110.0M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.164% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| Binance ADAUSDT | +0.201% | +0.0100% | 8h | $102.7M | $356.2M | 75x | as long as short |
| Phoenix ADA | +0.209% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.246% | +0.0100% | 8h | $32.5M | $106.2M | 50x | as long as short |