Spread before costs (cost unknown: a leg has no order-book sample)+1.099%
7d average+0.431%if it closes, per $10,000$110funding while held, a day−$13.73
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ADA/USDC PERP | 0.2424 | 0.0558 | pay 0.0070% / 1h | 2m 24s | $832 | $124K | 12x |
| Short | HTX ADA-USDT | 0.2451 | 0.0100 | get 0.0100% / 8h | 2m 24s | $1.3M | $5.2M | 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
- $109.94
- Funding while held
- −$13.73
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $84.19
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; HTX: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0458%
- Per $10,000 a day
- −$13.73
- 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 HTX live order book, 3 min ago | 3.20 bp | 16.1 bp −$16 | 28.8 bp −$288 | 51.8 bp −$5,180 | doesn'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 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 | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERPlong | 0.000% | +0.0558% | 1h | $832 | $124K | 12x | |
| Gate ADA_USDT | +0.825% | +0.0070% | 8h | $95.0M | $60.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.866% | +0.0100% | 8h | $71.2M | $112.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.866% | +0.0100% | 8h | $32.1M | $108.6M | 50x | as long as short |
| KuCoin ADAUSDTM | +0.879% | +0.0100% | 8h | $30.0M | $21.2M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.891% | L +0.0534% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.903% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Orderly PERP_ADA_USDC | +0.908% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Binance ADAUSDT | +0.908% | +0.0100% | 8h | $101.7M | $366.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.925% | +0.0294% | 1h | $1K | — | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.949% | +0.0100% | 8h | $51.7M | $64.4M | 300x | as long as short |
| BingX ADA-USDC | +0.949% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Extended ADA-USD | +0.976% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Bitget ADAUSDT | +0.990% | +0.0100% | 8h | $64.6M | $46.9M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.994% | +0.0100% | 1h | $94K | $735K | 10x | as long as short |
| SoDEX ADA-USD | +1.011% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Hyperliquid ADA | +1.027% | +0.0100% | 1h | $42.1M | $16.3M | 10x | as long as short |
| Phemex ADAUSDT | +1.031% | +0.0100% | 8h | $47.8M | $5.9M | 50x | as long as short |
| Pacifica ADA | +1.046% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| dYdX ADA-USD | +1.051% | +0.0064% | 1h | $203K | $2K | 10x | as long as short |
| Aster ADAUSDT | +1.062% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Phoenix ADA | +1.064% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Derive ADA-PERP | +1.066% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Backpack ADA_USDC_PERP | +1.081% | +0.0100% | 1h | $103K | $432K | 15x | as long as short |
| HTX ADA-USDTshort | +1.099% | +0.0100% | 8h | $1.3M | $5.2M | 75x | |
| Lighter ADA | +1.101% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +1.112% | +0.0222% | 1h | $5.9M | $11.3M | 50x | as long as short |
| ApeX Omni ADAUSDT | +1.114% | +0.0100% | 1h | $229K | $451K | 50x | as long as short |
| Kalshi KXADAPERP | +1.114% | 0.0000% | 8h | $99K | $5.8M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +1.125% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +1.147% | +0.0199% | 1h | $470K | $423K | 50x | as long as short |
| SunX ADA-USDT | +1.155% | +0.0100% | 8h | $9K | $808K | 30x | as long as short |
| edgeX ADAUSDC | +1.194% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
| BloFin ADA-USDT | +1.196% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
| Variational Omni ADA | +1.212% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Coinbase International ADA-PERP-INTX | +1.238% | +0.0120% | 1h | $443K | $6.9M | 50x | as long as short |
Injective ADA/USDC PERP
HTX ADA-USDT
Gate
Bybit
OKX
KuCoin
GMX
gTrade (Gains Network)
Binance
MEXC
BingX
Extended
Bitget
Polymarket Perps
SoDEX
Hyperliquid
Phemex
Pacifica
Aster
Phoenix
Derive
Backpack
Lighter
Kraken Futures
ApeX Omni
Paradex
Deribit
SunX
BloFin
Variational Omni
Coinbase International