Spread before costs (cost unknown: a leg has no order-book sample)−0.223%
7d average—if it closes, per $10,000$22funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ADA-USDT | 0.2433 | 0.0100 | pay 0.0100% / 8h | 4h 56m | $1.3M | $4.6M | 75x |
| Short | Orderly PERP_ADA_USDC | 0.2428 | 0.0100 | get 0.0100% / 8h | 4h 56m | $6K | $36K | 20x |
HTX ADA-USDT
Orderly PERP_ADA_USDCPrice 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
- −$22.31
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$40.31
- Spread needed to break even
- 0.180%
Slippage unknown: HTX: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 0.02 bp | 9.9 bp −$10 | 23.3 bp −$233 | 61.8 bp −$6,184 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Bybit0.2427cheapestGate0.2427cheapestExtended0.2427+0.017%OKX0.2428+0.041%MEXC0.2428+0.041%Bitget0.2428+0.041%BingX0.2428+0.041%gTrade (Gains Network)0.2428+0.041%
Bybit
Gate
Extended
OKX
MEXC
Bitget
BingX
gTrade (Gains Network)Orderly0.2428+0.041%
GMX0.2428+0.045%Binance0.2428+0.058%Reya0.2428+0.060%Aster0.2428+0.061%SoDEX0.2429+0.062%Derive0.2429+0.069%Polymarket Perps0.2429+0.070%KuCoin0.2429+0.074%Kraken Futures0.2429+0.080%Deribit0.2429+0.082%Hyperliquid0.2430+0.107%SunX0.2430+0.124%Pacifica0.2430+0.136%Coinbase International0.2431+0.165%dYdX0.2431+0.167%Lighter0.2432+0.198%Paradex0.2432+0.199%Phemex0.2432+0.206%Backpack0.2432+0.218%
GMX
Binance
Reya
Aster
SoDEX
Derive
Polymarket Perps
KuCoin
Kraken Futures
Deribit
Hyperliquid
SunX
Pacifica
Coinbase International
dYdX
Lighter
Paradex
Phemex
BackpackHTX0.2433+0.265%
Kalshi0.2434+0.288%BloFin0.2435+0.330%ApeX Omni0.2437+0.412%edgeX0.2437+0.432%Phoenix0.2438+0.457%Variational Omni0.2439+0.476%Injective0.2441+0.577%
BloFin
ApeX Omni
Phoenix
Variational Omni
InjectiveADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | −0.264% | +0.0100% | 8h | $70.0M | $99.4M | 75x | as long as short |
| Gate ADA_USDT | −0.264% | +0.0100% | 8h | $95.6M | $55.7M | 75x | as long as short |
| Extended ADA-USD | −0.247% | +0.0104% | 1h | $589K | $1.8M | 50x | as long as short |
| OKX ADA-USDT-SWAP | −0.223% | +0.0100% | 8h | $32.2M | $102.8M | 50x | as long as short |
| MEXC ADA_USDT | −0.223% | +0.0100% | 8h | $52.1M | $56.2M | 300x | as long as short |
| Bitget ADAUSDT | −0.223% | +0.0100% | 8h | $64.2M | $41.8M | 75x | as long as short |
| BingX ADA-USDT | −0.223% | +0.0100% | 8h | — | $18.9M | — | as long as short |
| gTrade (Gains Network) ADA/USD | −0.223% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Orderly PERP_ADA_USDCshort | −0.223% | +0.0100% | 8h | $6K | $36K | 20x | |
| GMX ADA/USD [WBTC.b-USDC] | −0.219% | L +0.0519% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | −0.207% | +0.0100% | 8h | $100.8M | $343.5M | 75x | as long as short |
| Reya ADARUSDPERP | −0.204% | +0.0290% | 1h | $1K | — | 15x | as long as short |
| Aster ADAUSDT | −0.203% | +0.0100% | 8h | $1.1M | $999K | 75x | as long as short |
| SoDEX ADA-USD | −0.203% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
| Derive ADA-PERP | −0.196% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Polymarket Perps ADA-USD | −0.194% | +0.0100% | 1h | $92K | $730K | 10x | as long as short |
| KuCoin ADAUSDTM | −0.190% | +0.0100% | 8h | $30.2M | $17.6M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | −0.184% | +0.0427% | 1h | $6.1M | $10.9M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.182% | +0.0244% | 1h | $474K | $371K | 50x | as long as short |
| Hyperliquid ADA | −0.157% | +0.0100% | 1h | $42.4M | $13.7M | 10x | as long as short |
| SunX ADA-USDT | −0.141% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Pacifica ADA | −0.129% | +0.0100% | 1h | $155K | $149K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.100% | +0.0064% | 1h | $468K | $6.8M | 50x | as long as short |
| dYdX ADA-USD | −0.098% | 0.0000% | 1h | $200K | $4K | 10x | as long as short |
| Lighter ADA | −0.067% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.066% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| Phemex ADAUSDT | −0.059% | +0.0100% | 8h | $47.3M | $5.1M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.046% | +0.0100% | 1h | $101K | $414K | 15x | as long as short |
| HTX ADA-USDTlong | 0.000% | +0.0100% | 8h | $1.3M | $4.6M | 75x | |
| Kalshi KXADAPERP | +0.023% | 0.0000% | 8h | $119K | $5.8M | 3.2x | as long as short |
| BloFin ADA-USDT | +0.065% | +0.0220% | 8h | $4.5M | $4.9M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.147% | +0.0100% | 1h | $229K | $458K | 50x | as long as short |
| edgeX ADAUSDC | +0.167% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
| Phoenix ADA | +0.192% | +0.0197% | 1h | $4K | $87K | 10x | as long as short |
| Variational Omni ADA | +0.211% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Injective ADA/USDC PERP | +0.311% | −0.0071% | 1h | $838 | $97K | 12x | as long as short |