After costs, if the gap returns to its 7d average, $10k−$43
spread now−0.041%7d average−0.015%fees + slippage, in and out−$40spread needed0.401%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ADA-USDT | 0.2431 | 0.0100 | pay 0.0100% / 8h | 6h 41m | $1.3M | $4.8M | 75x |
| Short | Backpack ADA_USDC_PERP | 0.2430 | 0.0100 | get 0.0013% / 1h | 41m 33s | $103K | $417K | 15x |
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
- −$4.07
- Funding while held
- $0
- Slippage, 4 orders
- −$18.13
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$44.2
- Spread needed to break even
- 0.401%
Slippage from HTX: live order book, 4 min ago; Backpack: live order book, 64 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 HTX live order book, 4 min ago | 2.69 bp | 14.7 bp −$15 | 26.3 bp −$263 | 49.0 bp −$4,902 | doesn't fit |
| Sell Backpack live order book, 64 min ago | 0.61 bp | 5.6 bp −$6 | 7.3 bp −$73 | doesn't fit | doesn't fit |
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 | −0.308% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| Bybit ADAUSDT | −0.226% | +0.0100% | 8h | $70.9M | $102.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.185% | +0.0100% | 8h | $32.1M | $103.5M | 50x | as long as short |
| Gate ADA_USDT | −0.185% | +0.0100% | 8h | $94.2M | $54.5M | 75x | as long as short |
| MEXC ADA_USDT | −0.185% | +0.0100% | 8h | $51.3M | $59.6M | 300x | as long as short |
| Bitget ADAUSDT | −0.185% | +0.0100% | 8h | $64.1M | $43.8M | 75x | as long as short |
| dYdX ADA-USD | −0.180% | 0.0000% | 1h | $201K | $2K | 10x | as long as short |
| Pacifica ADA | −0.176% | +0.0100% | 1h | $157K | $163K | 10x | as long as short |
| Extended ADA-USD | −0.164% | +0.0104% | 1h | $608K | $1.7M | 50x | as long as short |
| Binance ADAUSDT | −0.144% | +0.0100% | 8h | $101.3M | $347.7M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ADA-USDC | −0.144% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Paradex ADA-USD-PERP | −0.139% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| KuCoin ADAUSDTM | −0.123% | +0.0100% | 8h | $29.9M | $18.1M | 75x | as long as short |
| Lighter ADA | −0.107% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Hyperliquid ADA | −0.098% | +0.0100% | 1h | $42.5M | $14.1M | 10x | as long as short |
| Aster ADAUSDT | −0.085% | +0.0100% | 8h | $1.1M | $1.1M | 75x | as long as short |
| SoDEX ADA-USD | −0.082% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.061% | +0.0080% | 1h | $473K | $6.8M | 50x | as long as short |
| BloFin ADA-USDT | −0.061% | +0.0220% | 8h | $4.4M | $6.4M | 75x | as long as short |
| Backpack ADA_USDC_PERPshort | −0.041% | +0.0100% | 1h | $103K | $417K | 15x | |
| SunX ADA-USDT | −0.022% | +0.0100% | 8h | $9K | $760K | 30x | as long as short |
| ApeX Omni ADAUSDT | −0.020% | +0.0100% | 1h | $227K | $453K | 50x | as long as short |
| Orderly PERP_ADA_USDC | −0.020% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | −0.020% | +0.0100% | 8h | $47.4M | $5.7M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.019% | L +0.0005% / S −0.0003% | 1h | $85K | — | 150x | as long as short |
| Derive ADA-PERP | −0.010% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Kraken Futures PF_ADAUSD | −0.001% | +0.0354% | 1h | $6.1M | $10.9M | 50x | as long as short |
| HTX ADA-USDTlong | 0.000% | +0.0100% | 8h | $1.3M | $4.8M | 75x | |
| Reya ADARUSDPERP | +0.001% | +0.0292% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.007% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Polymarket Perps ADA-USD | +0.013% | +0.0100% | 1h | $92K | $730K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.017% | +0.0285% | 1h | $474K | $390K | 50x | as long as short |
| Kalshi KXADAPERP | +0.021% | 0.0000% | 8h | $91K | $5.7M | 3.2x | as long as short |
| edgeX ADAUSDC | +0.089% | +0.0100% | 4h | $65K | $279K | 20x | as long as short |
| Phoenix ADA | +0.128% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Variational Omni ADA | +0.374% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
HTX ADA-USDT
Backpack ADA_USDC_PERP
Injective
Bybit
OKX
Gate
MEXC
Bitget
Pacifica
Extended
Binance
BingX
Paradex
KuCoin
Lighter
Hyperliquid
Aster
SoDEX
Coinbase International
BloFin
SunX
ApeX Omni
Phemex
gTrade (Gains Network)
Derive
Kraken Futures
GMX
Polymarket Perps
Deribit
Phoenix
Variational Omni