Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average+0.013%if it closes, per $10,000$1funding while held, a day−$13.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ADA/USD [WBTC.b-USDC] | 0.2420 | L +0.0542% / S −0.0369% | pay 0.0068% / 1h | 44m 41s | $106K | — | 100x |
| Short | SunX ADA-USDT | 0.2420 | 0.0100 | get 0.0100% / 8h | 1h 44m | $9K | $768K | 30x |
GMX ADA/USD [WBTC.b-USDC]
SunX ADA-USDTPrice 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
- $0.87
- Funding while held
- −$13.26
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$34.4
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; SunX: live order book, 45 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0442%
- Per $10,000 a day
- −$13.26
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 45 min ago | 55.82 bp | 63.2 bp −$63 | 77.5 bp −$775 | doesn't fit | doesn't fit |
GMX: 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.Injective0.2282cheapest
Variational Omni0.2412+5.691%Coinbase International0.2413+5.741%Extended0.2416+5.854%Gate0.2417+5.916%Bybit0.2418+5.960%Bitget0.2418+5.960%Kalshi0.2418+5.960%Paradex0.2418+5.972%dYdX0.2418+5.977%KuCoin0.2419+5.986%Pacifica0.2419+5.993%OKX0.2419+6.004%MEXC0.2419+6.004%BingX0.2419+6.004%Orderly0.2419+6.004%HTX0.2419+6.004%Binance0.2419+6.013%Reya0.2419+6.018%
Injective
Variational Omni
Coinbase International
Extended
Gate
Bybit
Bitget
Paradex
dYdX
KuCoin
Pacifica
OKX
MEXC
BingX
Orderly
HTX
Binance
ReyaGMX0.2420+6.033%
Polymarket Perps0.2420+6.034%
Polymarket PerpsSunX0.2420+6.043%
Kraken Futures0.2420+6.044%SoDEX0.2420+6.047%edgeX0.2420+6.055%Hyperliquid0.2420+6.056%gTrade (Gains Network)0.2420+6.057%Lighter0.2420+6.060%Derive0.2420+6.064%Phoenix0.2420+6.065%Aster0.2420+6.065%Deribit0.2421+6.074%ApeX Omni0.2421+6.091%Phemex0.2421+6.091%BloFin0.2421+6.091%Backpack0.2422+6.117%
Kraken Futures
SoDEX
Hyperliquid
gTrade (Gains Network)
Lighter
Derive
Phoenix
Aster
Deribit
ApeX Omni
Phemex
BloFin
BackpackADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −5.690% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Variational Omni ADA | −0.323% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Coinbase International ADA-PERP-INTX | −0.276% | +0.0136% | 1h | $452K | $6.4M | 50x | as long as short |
| Extended ADA-USD | −0.169% | +0.0104% | 1h | $635K | $1.5M | 50x | as long as short |
| Gate ADA_USDT | −0.111% | +0.0080% | 8h | $92.4M | $55.8M | 75x | as long as short |
| Bybit ADAUSDT | −0.069% | +0.0100% | 8h | $69.4M | $108.3M | 75x | as long as short |
| Bitget ADAUSDT | −0.069% | +0.0100% | 8h | $63.1M | $45.5M | 75x | as long as short |
| Kalshi KXADAPERP | −0.069% | 0.0000% | 8h | $151K | $5.5M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | −0.057% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| dYdX ADA-USD | −0.053% | 0.0000% | 1h | $200K | $2K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ADAUSDTM | −0.045% | +0.0100% | 8h | $29.9M | $20.6M | 75x | as long as short |
| Pacifica ADA | −0.038% | +0.0100% | 1h | $157K | $174K | 10x | as long as short |
| OKX ADA-USDT-SWAP | −0.028% | +0.0100% | 8h | $32.1M | $102.5M | 50x | as long as short |
| MEXC ADA_USDT | −0.028% | +0.0100% | 8h | $51.0M | $60.7M | 300x | as long as short |
| BingX ADA-USDT | −0.028% | +0.0100% | 8h | — | $17.5M | — | as long as short |
| Orderly PERP_ADA_USDC | −0.028% | +0.0100% | 8h | $5K | $38K | 20x | as long as short |
| HTX ADA-USDT | −0.028% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Binance ADAUSDT | −0.019% | +0.0100% | 8h | $100.6M | $346.1M | 75x | as long as short |
| Reya ADARUSDPERP | −0.015% | +0.0296% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]long | 0.000% | L +0.0542% / S −0.0369% | 1h | $106K | — | 100x | |
| Polymarket Perps ADA-USD | +0.001% | +0.0100% | 1h | $92K | $719K | 10x | as long as short |
| SunX ADA-USDTshort | +0.009% | +0.0100% | 8h | $9K | $768K | 30x | |
| Kraken Futures PF_ADAUSD | +0.010% | −0.0069% | 1h | $5.9M | $11.2M | 50x | as long as short |
| SoDEX ADA-USD | +0.013% | +0.0100% | 1h | $333 | $13K | 10x | as long as short |
| edgeX ADAUSDC | +0.021% | +0.0100% | 4h | $64K | $353K | 20x | as long as short |
| Hyperliquid ADA | +0.021% | +0.0100% | 1h | $41.4M | $16.4M | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.022% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Lighter ADA | +0.026% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Derive ADA-PERP | +0.029% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Phoenix ADA | +0.030% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Aster ADAUSDT | +0.030% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.038% | 0.0000% | 1h | $452K | $356K | 50x | as long as short |
| ApeX Omni ADAUSDT | +0.055% | +0.0100% | 1h | $95K | $343K | 50x | as long as short |
| Phemex ADAUSDT | +0.055% | +0.0100% | 8h | $47.4M | $5.7M | 50x | as long as short |
| BloFin ADA-USDT | +0.055% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.079% | +0.0100% | 1h | $105K | $417K | 15x | as long as short |