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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h 0.000%
Price spread now: Aster against Injective+0.188%117s7-day average +0.263% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.188%, 7d avg +0.263%
Together, before fees+0.258%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.076% cheaper against Injective than usual: you would sell low and buy high (spread +0.188% now, against its 7-day average of +0.263%). If the spread goes back, that is −$8 on $10k: about 3.8 days of funding at the current rate (+$2 a day). The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ADA/USDC PERP0.24710.0033pay 0.0004% / 1h57m 25s$849$202K12x
ShortAster ADAUSDT0.24760.0100get 0.0100% / 8h5h 57m$1.2M$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$14
Price spread: +0.188% → +0.263%
−$7.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1.6
Costs to cover
0.080%
Break-even
7.8 days
Slippage unknown: Injective: no order-book sample; Aster: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aster live order book, 4 min ago2.02 bp10.0 bp −$1024.0 bp −$240doesn't fitdoesn't fit
Injective: 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 on 36 exchanges

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%1h0.2474+0.118%$207K$5K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2478+0.283%$205K$7.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2475+0.170%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0031%1h0.2475+0.164%$6.3M$13.4M50xas long as short
Injective ADA/USDC PERPlong+0.0033%1h0.2471long leg$849$202K12x
Lighter ADA+0.0096%1h0.2475+0.170%$2.4M$934K10xas long as short
Aster ADAUSDTshort+0.0100%8h0.2476+0.188%$1.2M$1.2M75x
Pacifica ADA+0.0100%1h0.2475+0.152%$159K$151K10xas long as short
Binance ADAUSDT+0.0100%8h0.2476+0.188%$106.2M$383.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2475+0.162%$74.5M$122.1M75xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2475+0.162%$32.7M$108.4M50xas long as short
Gate ADA_USDT+0.0100%8h0.2474+0.121%$101.9M$59.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2475+0.162%$49.7M$67.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2475+0.150%$29.6M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2474+0.121%$67.7M$50.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2475+0.162%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2475+0.170%$139K$454K15xas long as short
Variational Omni ADA+0.0100%8h0.2475+0.159%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2477+0.247%$66K$291K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2478+0.290%$290K$3.6M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2478+0.283%$71K$896K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2473+0.081%$119K$1.3M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2475+0.162%$6K$4K20xas long as short
SunX ADA-USDT+0.0100%8h0.2477+0.241%$8K$679K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2475+0.182%$340$6K10xas long as short
HTX ADA-USDT+0.0100%8h0.2476+0.213%$1.3M$6.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2476+0.202%$47.8M$7.5M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2474+0.124%$20K$58920xas long as short
Extended ADA-USD+0.0104%1h0.2473+0.088%$545K$1.7M50xas long as short
Hyperliquid ADA+0.0122%1h0.2476+0.210%$44.2M$17.6M10xas long as short
Coinbase International ADA-PERP-INTX+0.0176%1h0.2478+0.283%$403K$8.1M50xas long as short
Phoenix ADA+0.0192%1h0.2482+0.453%$3K$103K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2479+0.324%$4.6M$5.6M75xas long as short
Reya ADARUSDPERP+0.0270%1h0.2474+0.113%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0275%1h0.2476+0.214%$617K$791K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0369% / S −0.0295%1h0.2476+0.190%$88K100xas long as short