After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.094%7d average−0.046%fees + slippage, in and out−$37spread needed0.369%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ADA | 0.2445 | 0.0100 | pay 0.0013% / 1h | 3m 43s | $41.8M | $15.7M | 10x |
| Short | Kalshi KXADAPERP | 0.2443 | 0 | get 0.0000% / 8h | 5h 03m | $126K | $5.6M | 3.2x |
Hyperliquid ADAPrice 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
- −$9.45
- Funding while held
- −$3
- Slippage, 4 orders
- −$17.94
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$49.39
- Spread needed to break even
- 0.369%
Slippage from Hyperliquid: live order book, 11 min ago; Kalshi: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Hyperliquid live order book, 11 min ago | 0.83 bp | 7.2 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 6.14 bp | 11.1 bp −$11 | 18.3 bp −$183 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestedgeX0.2437+0.528%Phoenix0.2438+0.565%Coinbase International0.2442+0.743%Extended0.2442+0.757%GMX0.2443+0.776%HTX0.2443+0.778%Gate0.2443+0.784%MEXC0.2443+0.784%Bitget0.2443+0.784%BingX0.2443+0.784%Orderly0.2443+0.784%Phemex0.2443+0.784%Reya0.2443+0.785%gTrade (Gains Network)0.2443+0.792%Paradex0.2443+0.800%KuCoin0.2443+0.800%Aster0.2443+0.801%SoDEX0.2444+0.804%Kraken Futures0.2444+0.813%SunX0.2444+0.824%Backpack0.2444+0.833%Polymarket Perps0.2444+0.833%Deribit0.2444+0.833%Derive0.2444+0.835%ApeX Omni0.2445+0.866%
Injective
Phoenix
Coinbase International
Extended
GMX
HTX
Gate
MEXC
Bitget
BingX
Orderly
Phemex
Reya
gTrade (Gains Network)
Paradex
KuCoin
Aster
SoDEX
Kraken Futures
SunX
Backpack
Polymarket Perps
Deribit
Derive
ApeX OmniHyperliquid0.2445+0.879%
dYdX0.2446+0.887%Pacifica0.2446+0.904%Bybit0.2446+0.908%Variational Omni0.2446+0.910%Binance0.2447+0.934%Lighter0.2447+0.945%OKX0.2447+0.949%BloFin0.2449+1.031%
dYdX
Pacifica
Bybit
Variational Omni
Binance
Lighter
OKX
BloFinADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.871% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.348% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| Phoenix ADA | −0.311% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.135% | +0.0136% | 1h | $422K | $6.8M | 50x | as long as short |
| Extended ADA-USD | −0.121% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.102% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| HTX ADA-USDT | −0.100% | +0.0100% | 8h | $1.3M | $4.8M | 75x | as long as short |
| Gate ADA_USDT | −0.094% | +0.0072% | 8h | $93.9M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | −0.094% | +0.0100% | 8h | $51.5M | $62.5M | 300x | as long as short |
| Bitget ADAUSDT | −0.094% | +0.0100% | 8h | $64.0M | $46.3M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ADA-USDT | −0.094% | +0.0100% | 8h | — | $18.1M | — | as long as short |
| Kalshi KXADAPERPshort | −0.094% | 0.0000% | 8h | $126K | $5.6M | 3.2x | |
| Orderly PERP_ADA_USDC | −0.094% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | −0.094% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| Reya ADARUSDPERP | −0.094% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.086% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Paradex ADA-USD-PERP | −0.078% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| KuCoin ADAUSDTM | −0.078% | +0.0100% | 8h | $30.3M | $20.9M | 75x | as long as short |
| Aster ADAUSDT | −0.078% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| SoDEX ADA-USD | −0.074% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.065% | −0.0069% | 1h | $5.9M | $11.3M | 50x | as long as short |
| SunX ADA-USDT | −0.054% | +0.0100% | 8h | $9K | $783K | 30x | as long as short |
| Backpack ADA_USDC_PERP | −0.045% | +0.0100% | 1h | $104K | $417K | 15x | as long as short |
| Polymarket Perps ADA-USD | −0.045% | +0.0100% | 1h | $93K | $722K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.045% | 0.0000% | 1h | $464K | $396K | 50x | as long as short |
| Derive ADA-PERP | −0.043% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| ApeX Omni ADAUSDT | −0.013% | +0.0100% | 1h | $152K | $395K | 50x | as long as short |
| Hyperliquid ADAlong | 0.000% | +0.0100% | 1h | $41.8M | $15.7M | 10x | |
| dYdX ADA-USD | +0.008% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADA | +0.025% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| Bybit ADAUSDT | +0.028% | +0.0100% | 8h | $70.8M | $109.7M | 75x | as long as short |
| Variational Omni ADA | +0.030% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Binance ADAUSDT | +0.054% | +0.0100% | 8h | $102.0M | $354.4M | 75x | as long as short |
| Lighter ADA | +0.065% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.069% | +0.0100% | 8h | $32.4M | $105.7M | 50x | as long as short |
| BloFin ADA-USDT | +0.151% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |