Spread before costs (cost unknown: a leg has no order-book sample)+1.122%
7d average+0.354%if it closes, per $10,000$112funding 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 | 52m 05s | $832 | $124K | 12x |
| Short | KuCoin ADAUSDTM | 0.2451 | 0.0100 | get 0.0100% / 8h | 7h 52m | $30.1M | $21.3M | 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
- $112.21
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $102.19
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 1.22 bp | 12.4 bp −$12 | 20.0 bp −$200 | doesn't fit | 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% | +0.0033% | 1h | $832 | $124K | 12x | |
| dYdX ADA-USD | +0.828% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.844% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Pacifica ADA | +0.858% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.899% | +0.0100% | 1h | $93K | $736K | 10x | as long as short |
| Gate ADA_USDT | +1.031% | −0.0115% | 8h | $95.3M | $55.9M | 75x | as long as short |
| MEXC ADA_USDT | +1.031% | +0.0100% | 8h | $51.3M | $62.6M | 300x | as long as short |
| Bitget ADAUSDT | +1.031% | +0.0100% | 8h | $64.6M | $47.1M | 75x | as long as short |
| BingX ADA-USDT | +1.031% | +0.0100% | 8h | — | $18.6M | — | as long as short |
| Kalshi KXADAPERP | +1.031% | 0.0000% | 8h | $105K | $5.9M | 3.2x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +1.073% | +0.0100% | 8h | $71.7M | $111.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +1.073% | +0.0100% | 8h | $32.3M | $109.5M | 50x | as long as short |
| Phemex ADAUSDT | +1.073% | +0.0236% | 8h | $47.8M | $6.1M | 50x | as long as short |
| SunX ADA-USDT | +1.092% | +0.0100% | 8h | $9K | $811K | 30x | as long as short |
| Binance ADAUSDT | +1.110% | +0.0100% | 8h | $102.3M | $368.7M | 75x | as long as short |
| ApeX Omni ADAUSDT | +1.114% | +0.0100% | 1h | $229K | $452K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +1.114% | +0.0112% | 1h | $499K | $7.1M | 50x | as long as short |
| BloFin ADA-USDT | +1.114% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| KuCoin ADAUSDTMshort | +1.122% | +0.0100% | 8h | $30.1M | $21.3M | 75x | |
| Hyperliquid ADA | +1.126% | +0.0146% | 1h | $42.9M | $16.7M | 10x | as long as short |
| Backpack ADA_USDC_PERP | +1.134% | +0.0100% | 1h | $103K | $434K | 15x | as long as short |
| Aster ADAUSDT | +1.142% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Lighter ADA | +1.143% | +0.0096% | 1h | $2.3M | $987K | 10x | as long as short |
| HTX ADA-USDT | +1.146% | +0.0100% | 8h | $1.3M | $5.3M | 75x | as long as short |
| SoDEX ADA-USD | +1.176% | +0.0100% | 1h | $719 | $13K | 10x | as long as short |
| Reya ADARUSDPERP | +1.176% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| Extended ADA-USD | +1.179% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Phoenix ADA | +1.192% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +1.196% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| edgeX ADAUSDC | +1.198% | +0.0100% | 4h | $65K | $276K | 20x | as long as short |
| Kraken Futures PF_ADAUSD | +1.209% | +0.0140% | 1h | $6.0M | $11.5M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +1.213% | +0.0280% | 1h | $470K | $413K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | +1.243% | L +0.0005% / S −0.0003% | 1h | $90K | — | 150x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +1.258% | L +0.0536% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| Derive ADA-PERP | +1.421% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Variational Omni ADA | +1.423% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
Injective ADA/USDC PERP
KuCoin ADAUSDTM
Paradex
Pacifica
Polymarket Perps
Gate
MEXC
Bitget
BingX
Bybit
OKX
Phemex
SunX
Binance
ApeX Omni
Coinbase International
BloFin
Hyperliquid
Backpack
Aster
Lighter
HTX
SoDEX
Extended
Phoenix
Kraken Futures
Deribit
gTrade (Gains Network)
GMX
Derive
Variational Omni