Spread before costs (cost unknown: a leg has no order-book sample)+1.088%
7d average—if it closes, per $10,000$109funding while held, a day−$7.91
| 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 | 3m 27s | $832 | $124K | 12x |
| Short | Reya ADARUSDPERP | 0.2450 | 0.0294 | get 0.0037% / 1h | 3m 27s | $1K | — | 15x |
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
- $108.84
- Funding while held
- −$7.91
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $94.91
- Spread needed to break even
- 0.060%
Slippage unknown: Injective: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0264%
- Per $10,000 a day
- −$7.91
- 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 Reya no order-book sample | — | — | — | — | — |
Injective and Reya: 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 | |
| HTX ADA-USDT | +1.020% | +0.0100% | 8h | $1.3M | $5.2M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | +1.028% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Gate ADA_USDT | +1.031% | +0.0069% | 8h | $95.2M | $60.2M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +1.052% | L +0.0535% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| Derive ADA-PERP | +1.066% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| dYdX ADA-USD | +1.071% | +0.0066% | 1h | $203K | $2K | 10x | as long as short |
| Bybit ADAUSDT | +1.073% | +0.0100% | 8h | $71.4M | $112.0M | 75x | as long as short |
| Orderly PERP_ADA_USDC | +1.073% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +1.073% | +0.0100% | 8h | $47.9M | $5.9M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ADAUSDTM | +1.077% | +0.0100% | 8h | $30.1M | $21.2M | 75x | as long as short |
| Aster ADAUSDT | +1.078% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Reya ADARUSDPERPshort | +1.088% | +0.0294% | 1h | $1K | — | 15x | |
| Extended ADA-USD | +1.090% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| SoDEX ADA-USD | +1.093% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Pacifica ADA | +1.097% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| Polymarket Perps ADA-USD | +1.106% | +0.0100% | 1h | $94K | $735K | 10x | as long as short |
| Binance ADAUSDT | +1.114% | +0.0100% | 8h | $101.9M | $366.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +1.114% | +0.0100% | 8h | $32.1M | $108.8M | 50x | as long as short |
| MEXC ADA_USDT | +1.114% | +0.0100% | 8h | $51.8M | $64.4M | 300x | as long as short |
| BingX ADA-USDT | +1.114% | +0.0100% | 8h | — | $18.6M | — | 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 |
| Deribit ADA_USDC-PERPETUAL | +1.139% | +0.0199% | 1h | $470K | $423K | 50x | as long as short |
| Paradex ADA-USD-PERP | +1.143% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Kraken Futures PF_ADAUSD | +1.143% | +0.0222% | 1h | $5.9M | $11.3M | 50x | as long as short |
| Lighter ADA | +1.147% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Backpack ADA_USDC_PERP | +1.147% | +0.0100% | 1h | $103K | $431K | 15x | as long as short |
| Hyperliquid ADA | +1.151% | +0.0100% | 1h | $42.2M | $16.3M | 10x | as long as short |
| Bitget ADAUSDT | +1.155% | +0.0100% | 8h | $64.7M | $46.9M | 75x | as long as short |
| SunX ADA-USDT | +1.155% | +0.0100% | 8h | $9K | $809K | 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 |
| Phoenix ADA | +1.233% | +0.0066% | 1h | $4K | $103K | 10x | 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
gTrade (Gains Network)
Gate
GMX
Derive
Bybit
Phemex
KuCoin
Aster
Extended
SoDEX
Pacifica
Polymarket Perps
Binance
OKX
MEXC
BingX
ApeX Omni
Deribit
Paradex
Kraken Futures
Lighter
Backpack
Hyperliquid
Bitget
SunX
BloFin
Variational Omni
Phoenix
Coinbase International