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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX+0.080%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.080%, 7d avg +0.032%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.048% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24490.0100pay 0.0100% / 8h2h 10m$1.3M$5.0M75x
ShortBloFin ADA-USDT0.24510.0220get 0.0220% / 8h2h 10m$4.4M$5.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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
$25.2
Price spread: +0.080% → +0.032%
$4.78
Slippage, 4 orders
−$16.11
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.13
Costs to cover
0.401%
Break-even
9.8 days
Slippage from HTX: live order book, 3 min ago; BloFin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 3 min ago0.02 bp14.2 bp −$1426.2 bp −$26256.0 bp −$5,604doesn't fit
Sell BloFin live order book, 8 min ago2.03 bp8.0 bp −$88.0 bp −$8015.4 bp −$1,53945.4 bp −$22.7K

ADA on 37 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%1h0.2451+0.075%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2449−0.002%$153K$5.9M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2450+0.028%$84K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2454+0.202%$407K$7.2M50xas long as short
Lighter ADA+0.0096%1h0.2454+0.186%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2452+0.141%$42.5M$14.6M10xas long as short
Aster ADAUSDT+0.0100%8h0.2452+0.113%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2452+0.120%$157K$147K10xas long as short
Binance ADAUSDT+0.0100%8h0.2453+0.152%$101.7M$355.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2451+0.080%$70.5M$100.0M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2453+0.161%$31.8M$105.3M50xas long as short
Gate ADA_USDT+0.0100%8h0.2450+0.039%$96.8M$58.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2452+0.120%$52.8M$56.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2452+0.112%$30.3M$18.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2451+0.080%$65.6M$42.8M75xas long as short
BingX ADA-USDC+0.0100%8h0.2452+0.120%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2452+0.125%$101K$411K15xas long as short
Variational Omni ADA+0.0100%8h0.2454+0.218%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2454+0.221%$65K$281K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2450+0.039%$296K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2453+0.161%$55K$579K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2450+0.035%$96K$623K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2449−0.002%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2448−0.042%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2451+0.079%$9K$757K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2450+0.051%$337$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2449long leg$1.3M$5.0M75x
Phemex ADAUSDT+0.0100%8h0.2450+0.039%$47.8M$5.8M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2453+0.149%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2452+0.129%$556K$1.8M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0117%1h0.2451+0.076%$476K$353K50xas long as short
Phoenix ADA+0.0195%1h0.2452+0.133%$4K$82K10xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2451+0.080%$4.4M$5.4M75x
Reya ADARUSDPERP+0.0286%1h0.2450+0.051%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0337%1h0.2450+0.041%$6.2M$11.4M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0504% / S −0.0263%1h0.2450+0.021%$110K100xas long as short
Injective ADA/USDC PERP+0.0533%1h0.2440−0.370%$838$131K12xas long as short