Spread before costs (cost unknown: a leg has no order-book sample)−0.701%
7d average+0.355%if it closes, per $10,000$70funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ADA/USDC PERP | 0.2424 | 0.0033 | pay 0.0004% / 1h | 55m 50s | $832 | $66K | 12x |
| Short | Bitget ADAUSDT | 0.2407 | 0.0100 | get 0.0100% / 8h | 5h 55m | $63.7M | $41.8M | 75x |
Price 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
- −$70.13
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.15
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 2.07 bp | 8.1 bp −$8 | 11.9 bp −$119 | 25.3 bp −$2,528 | 93.1 bp −$46.5K |
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 price on every exchange
against the cheapest. Click to use as the short leg.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ADA-USD | −0.723% | +0.0104% | 1h | $598K | $1.7M | 50x | as long as short |
| Gate ADA_USDT | −0.701% | +0.0100% | 8h | $94.1M | $55.2M | 75x | as long as short |
| MEXC ADA_USDT | −0.701% | +0.0100% | 8h | $50.9M | $56.9M | 300x | as long as short |
| Bitget ADAUSDTshort | −0.701% | +0.0100% | 8h | $63.7M | $41.8M | 75x | |
| Coinbase International ADA-PERP-INTX | −0.701% | +0.0072% | 1h | $467K | $6.7M | 50x | as long as short |
| KuCoin ADAUSDTM | −0.697% | +0.0100% | 8h | $29.6M | $17.7M | 75x | as long as short |
| BingX ADA-USDC | −0.660% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Binance ADAUSDT | −0.639% | +0.0100% | 8h | $100.0M | $342.6M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.637% | L +0.0517% / S −0.0276% | 1h | $111K | — | 100x | as long as short |
| Reya ADARUSDPERP | −0.637% | +0.0291% | 1h | $1K | — | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ADAUSDT | −0.631% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Backpack ADA_USDC_PERP | −0.623% | +0.0100% | 1h | $101K | $409K | 15x | as long as short |
| Bybit ADAUSDT | −0.619% | +0.0100% | 8h | $69.2M | $99.6M | 75x | as long as short |
| SoDEX ADA-USD | −0.619% | +0.0100% | 1h | $331 | $13K | 10x | as long as short |
| Phemex ADAUSDT | −0.619% | +0.0100% | 8h | $47.0M | $5.1M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.618% | L +0.0005% / S −0.0003% | 1h | $82K | — | 150x | as long as short |
| Lighter ADA | −0.606% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Hyperliquid ADA | −0.602% | +0.0100% | 1h | $42.0M | $13.8M | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.602% | +0.0100% | 1h | $90K | $726K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.593% | +0.0264% | 1h | $6.1M | $10.7M | 50x | as long as short |
| Variational Omni ADA | −0.589% | +0.0100% | 8h | $4.1M | $1.0M | — | as long as short |
| OKX ADA-USDT-SWAP | −0.578% | +0.0100% | 8h | $31.6M | $101.8M | 50x | as long as short |
| SunX ADA-USDT | −0.578% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Derive ADA-PERP | −0.566% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Pacifica ADA | −0.561% | +0.0100% | 1h | $155K | $154K | 10x | as long as short |
| dYdX ADA-USD | −0.559% | 0.0000% | 1h | $200K | $2K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.553% | +0.0331% | 1h | $471K | $377K | 50x | as long as short |
| Paradex ADA-USD-PERP | −0.544% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| ApeX Omni ADAUSDT | −0.536% | +0.0100% | 1h | $226K | $454K | 50x | as long as short |
| Kalshi KXADAPERP | −0.536% | 0.0000% | 8h | $153K | $5.9M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.536% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| BloFin ADA-USDT | −0.536% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
| HTX ADA-USDT | −0.517% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| edgeX ADAUSDC | −0.449% | +0.0100% | 4h | $64K | $277K | 20x | as long as short |
| Phoenix ADA | −0.437% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
| Injective ADA/USDC PERPlong | 0.000% | +0.0033% | 1h | $832 | $66K | 12x |
Injective ADA/USDC PERP
Bitget ADAUSDT
Extended
Gate
MEXC
Coinbase International
KuCoin
BingX
Binance
GMX
Aster
Backpack
Bybit
SoDEX
Phemex
gTrade (Gains Network)
Lighter
Hyperliquid
Polymarket Perps
Kraken Futures
Variational Omni
OKX
SunX
Derive
Pacifica
Deribit
Paradex
ApeX Omni
BloFin
HTX
Phoenix