After costs, if the gap returns to its 7d average, $10k−$73
spread now−0.205%7d average+0.138%fees + slippage, in and out−$38spread needed0.385%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXADAPERP | 0.2438 | 0 | get 0.0000% / 8h | 1h 20m | $122K | $5.8M | 3.2x |
| Short | BloFin ADA-USDT | 0.2433 | 0.0220 | get 0.0220% / 8h | 5h 20m | $4.4M | $5.3M | 75x |
BloFin ADA-USDTPrice 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
- −$20.51
- Funding while held
- $6.6
- Slippage, 4 orders
- −$16.47
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.38
- Spread needed to break even
- 0.385%
Slippage from Kalshi: live order book, 5 min ago; BloFin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0220%
- Per $10,000 a day
- +$6.60
- 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 Kalshi live order book, 5 min ago | 6.18 bp | 11.2 bp −$11 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.06 bp | 8.1 bp −$8 | 11.0 bp −$110 | 17.4 bp −$1,743 | 40.2 bp −$20.1K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestCoinbase International0.2427+0.124%Variational Omni0.2428+0.148%edgeX0.2431+0.270%ApeX Omni0.2431+0.289%
Injective
Coinbase International
Variational Omni
ApeX OmniBloFin0.2433+0.371%
Phoenix0.2435+0.462%dYdX0.2436+0.503%Pacifica0.2438+0.565%Bybit0.2438+0.578%Gate0.2438+0.578%Aster0.2439+0.608%Paradex0.2439+0.611%Binance0.2439+0.619%OKX0.2439+0.619%Polymarket Perps0.2439+0.619%GMX0.2439+0.631%gTrade (Gains Network)0.2439+0.636%KuCoin0.2440+0.652%HTX0.2440+0.653%Kraken Futures0.2440+0.653%Extended0.2440+0.657%SunX0.2440+0.658%Reya0.2440+0.660%MEXC0.2440+0.660%Bitget0.2440+0.660%BingX0.2440+0.660%Orderly0.2440+0.660%Phemex0.2440+0.660%SoDEX0.2440+0.681%Derive0.2441+0.692%Backpack0.2441+0.693%Deribit0.2441+0.693%Lighter0.2441+0.701%Hyperliquid0.2441+0.710%
Phoenix
dYdX
Pacifica
Bybit
Gate
Aster
Paradex
Binance
OKX
Polymarket Perps
GMX
gTrade (Gains Network)
KuCoin
HTX
Kraken Futures
Extended
SunX
Reya
MEXC
Bitget
BingX
Orderly
Phemex
SoDEX
Derive
Backpack
Deribit
Lighter
HyperliquidADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.574% | +0.0033% | 1h | $832 | $66K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.451% | +0.0072% | 1h | $468K | $6.8M | 50x | as long as short |
| Variational Omni ADA | −0.427% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | −0.306% | +0.0100% | 4h | $64K | $278K | 20x | as long as short |
| ApeX Omni ADAUSDT | −0.287% | +0.0100% | 1h | $229K | $457K | 50x | as long as short |
| BloFin ADA-USDTshort | −0.205% | +0.0220% | 8h | $4.4M | $5.3M | 75x | |
| Phoenix ADA | −0.115% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
| dYdX ADA-USD | −0.074% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADA | −0.012% | +0.0100% | 1h | $157K | $148K | 10x | as long as short |
| Bybit ADAUSDT | 0.000% | +0.0100% | 8h | $70.4M | $99.5M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | 0.000% | +0.0100% | 8h | $96.0M | $56.1M | 75x | as long as short |
| Kalshi KXADAPERPlong | 0.000% | 0.0000% | 8h | $122K | $5.8M | 3.2x | |
| Aster ADAUSDT | +0.030% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.033% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| Binance ADAUSDT | +0.041% | +0.0100% | 8h | $101.3M | $343.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.041% | +0.0100% | 8h | $32.3M | $103.3M | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.041% | +0.0100% | 1h | $91K | $728K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.053% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.058% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| KuCoin ADAUSDTM | +0.074% | +0.0100% | 8h | $30.2M | $17.6M | 75x | as long as short |
| HTX ADA-USDT | +0.075% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.075% | +0.0261% | 1h | $6.1M | $10.7M | 50x | as long as short |
| Extended ADA-USD | +0.079% | +0.0104% | 1h | $592K | $1.7M | 50x | as long as short |
| SunX ADA-USDT | +0.080% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Reya ADARUSDPERP | +0.082% | +0.0290% | 1h | $1K | — | 15x | as long as short |
| MEXC ADA_USDT | +0.082% | +0.0100% | 8h | $52.6M | $58.1M | 300x | as long as short |
| Bitget ADAUSDT | +0.082% | +0.0100% | 8h | $64.5M | $41.7M | 75x | as long as short |
| BingX ADA-USDT | +0.082% | +0.0100% | 8h | — | $18.9M | — | as long as short |
| Orderly PERP_ADA_USDC | +0.082% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.082% | +0.0100% | 8h | $47.5M | $5.1M | 50x | as long as short |
| SoDEX ADA-USD | +0.103% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Derive ADA-PERP | +0.114% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Backpack ADA_USDC_PERP | +0.115% | +0.0100% | 1h | $102K | $414K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.115% | +0.0529% | 1h | $477K | $376K | 50x | as long as short |
| Lighter ADA | +0.123% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Hyperliquid ADA | +0.131% | +0.0100% | 1h | $42.6M | $13.7M | 10x | as long as short |