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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against HTX−0.332%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$480.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 3 days (all we have)+0.274%+$27 · spread now −0.332%, 7d avg −0.013%
Together, before fees+0.182%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.319% cheaper against HTX than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ADA-USDT0.24680.0100pay 0.0100% / 8h5h 55m$1.3M$5.9M75x
ShortKuCoin ADAUSDTM0.24600.0100get 0.0100% / 8h5h 55m$29.9M$17.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.332% → −0.013%
−$31.91
Slippage, 4 orders
−$24.47
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$80.38
Costs to cover
0.485%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; KuCoin: live order book, 3 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 ago2.20 bp13.7 bp −$1424.8 bp −$24852.8 bp −$5,279doesn't fit
Sell KuCoin live order book, 3 min ago1.83 bp13.1 bp −$1321.3 bp −$21362.0 bp −$6,204doesn't fit

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%1h0.2464−0.158%$203K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2464−0.154%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.134%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2468+0.012%$412K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2463−0.185%$42.9M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2460−0.313%$1.2M$983K75xas long as short
Pacifica ADA+0.0100%1h0.2464−0.143%$158K$158K10xas long as short
Binance ADAUSDT+0.0100%8h0.2458−0.406%$103.2M$366.9M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2457−0.434%$72.4M$107.6M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2460−0.312%$32.7M$105.7M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2457−0.434%$98.1M$58.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458−0.393%$64.3M$53.5M300xas long as short
KuCoin ADAUSDTMshort+0.0100%8h0.2460−0.332%$29.9M$17.0M75x
Bitget ADAUSDT+0.0100%8h0.2458−0.393%$65.8M$47.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2458−0.393%$20.3Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2462−0.215%$127K$414K15xas long as short
Variational Omni ADA+0.0100%8h0.2467−0.025%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2456−0.463%$65K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2455−0.515%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.515%$56K$590K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2468+0.016%$95K$672K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2464−0.150%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2466−0.084%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2468+0.010%$9K$746K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2464−0.138%$339$13K10xas long as short
HTX ADA-USDTlong+0.0100%8h0.2468long leg$1.3M$5.9M75x
Phemex ADAUSDT+0.0100%8h0.2461−0.272%$47.9M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2458−0.377%$534K$1.8M50xas long as short
Kalshi KXADAPERP+0.0105%8h0.2468+0.012%$127K$6.2M3.2xas long as short
Paradex ADA-USD-PERP+0.0107%8h0.2469+0.052%$21K$25020xas long as short
Lighter ADA+0.0120%1h0.2465−0.130%$2.5M$1.0M10xas long as short
Phoenix ADA+0.0163%1h0.2454−0.539%$4K$90K10xas long as short
Kraken Futures PF_ADAUSD+0.0261%1h0.2463−0.193%$6.2M$12.2M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2467−0.028%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0359%1h0.2466−0.085%$503K$471K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0417% / S −0.0202%1h0.2466−0.088%$96K100xas long as short