After costs, if the gap returns to its 7d average, $10k−$76
spread now−0.249%7d average+0.110%fees + slippage, in and out−$40spread needed0.401%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXADAPERP | 0.2431 | 0 | get 0.0000% / 8h | 4h 32m | $124K | $5.8M | 3.2x |
| Short | HTX ADA-USDT | 0.2425 | 0.0100 | get 0.0100% / 8h | 32m 29s | $1.3M | $5.1M | 75x |
HTX 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
- −$24.89
- Funding while held
- $3
- Slippage, 4 orders
- −$18.1
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$61.99
- Spread needed to break even
- 0.401%
Slippage from Kalshi: live order book, 3 min ago; HTX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Kalshi live order book, 3 min ago | 4.12 bp | 9.8 bp −$10 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 2.78 bp | 10.7 bp −$11 | 24.4 bp −$244 | 76.8 bp −$7,679 | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.2422cheapestApeX Omni0.2423+0.030%Phemex0.2423+0.030%dYdX0.2424+0.066%Bybit0.2424+0.071%Gate0.2424+0.071%MEXC0.2424+0.071%KuCoin0.2424+0.071%Bitget0.2424+0.071%BingX0.2424+0.071%Injective0.2424+0.071%edgeX0.2424+0.085%Extended0.2424+0.087%Backpack0.2424+0.092%SoDEX0.2424+0.092%Kraken Futures0.2425+0.098%Hyperliquid0.2425+0.100%Pacifica0.2425+0.100%Polymarket Perps0.2425+0.100%Reya0.2425+0.102%Paradex0.2425+0.106%Derive0.2425+0.108%gTrade (Gains Network)0.2425+0.109%
Variational Omni
ApeX Omni
Phemex
dYdX
Bybit
Gate
MEXC
KuCoin
Bitget
BingX
Injective
Extended
Backpack
SoDEX
Kraken Futures
Hyperliquid
Pacifica
Polymarket Perps
Reya
Paradex
Derive
gTrade (Gains Network)HTX0.2425+0.111%
Binance0.2425+0.113%OKX0.2425+0.113%Orderly0.2425+0.113%SunX0.2425+0.113%Aster0.2425+0.116%Deribit0.2425+0.117%GMX0.2425+0.118%Lighter0.2425+0.133%Coinbase International0.2427+0.195%BloFin0.2427+0.195%Phoenix0.2427+0.216%
Binance
OKX
Orderly
SunX
Aster
Deribit
GMX
Lighter
Coinbase International
BloFin
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ADA | −0.359% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDT | −0.329% | +0.0100% | 1h | $226K | $448K | 50x | as long as short |
| Phemex ADAUSDT | −0.329% | +0.0100% | 8h | $47.4M | $5.8M | 50x | as long as short |
| dYdX ADA-USD | −0.293% | +0.0086% | 1h | $201K | $2K | 10x | as long as short |
| Bybit ADAUSDT | −0.288% | +0.0100% | 8h | $69.9M | $111.5M | 75x | as long as short |
| Gate ADA_USDT | −0.288% | +0.0076% | 8h | $93.9M | $58.8M | 75x | as long as short |
| MEXC ADA_USDT | −0.288% | +0.0100% | 8h | $51.6M | $63.3M | 300x | as long as short |
| KuCoin ADAUSDTM | −0.288% | +0.0100% | 8h | $30.1M | $21.1M | 75x | as long as short |
| Bitget ADAUSDT | −0.288% | +0.0100% | 8h | $64.0M | $47.2M | 75x | as long as short |
| BingX ADA-USDC | −0.288% | +0.0100% | 8h | — | $6.5M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.288% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.274% | +0.0100% | 4h | $64K | $277K | 20x | as long as short |
| Extended ADA-USD | −0.272% | +0.0104% | 1h | $612K | $1.7M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.267% | +0.0100% | 1h | $102K | $423K | 15x | as long as short |
| SoDEX ADA-USD | −0.267% | +0.0100% | 1h | $333 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.262% | +0.0224% | 1h | $5.8M | $11.3M | 50x | as long as short |
| Hyperliquid ADA | −0.259% | +0.0100% | 1h | $41.7M | $16.2M | 10x | as long as short |
| Pacifica ADA | −0.259% | +0.0100% | 1h | $160K | $180K | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.259% | +0.0100% | 1h | $91K | $731K | 10x | as long as short |
| Reya ADARUSDPERP | −0.257% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Paradex ADA-USD-PERP | −0.253% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Derive ADA-PERP | −0.251% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.250% | L +0.0005% / S −0.0003% | 1h | $88K | — | 150x | as long as short |
| HTX ADA-USDTshort | −0.249% | +0.0100% | 8h | $1.3M | $5.1M | 75x | |
| Binance ADAUSDT | −0.247% | +0.0100% | 8h | $100.7M | $364.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.247% | +0.0100% | 8h | $31.9M | $106.9M | 50x | as long as short |
| Orderly PERP_ADA_USDC | −0.247% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SunX ADA-USDT | −0.247% | +0.0100% | 8h | $9K | $804K | 30x | as long as short |
| Aster ADAUSDT | −0.243% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.243% | 0.0000% | 1h | $465K | $421K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.241% | L +0.0532% / S −0.0286% | 1h | $114K | — | 100x | as long as short |
| Lighter ADA | −0.226% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.165% | +0.0120% | 1h | $436K | $6.9M | 50x | as long as short |
| BloFin ADA-USDT | −0.165% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| Phoenix ADA | −0.144% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Kalshi KXADAPERPlong | 0.000% | 0.0000% | 8h | $124K | $5.8M | 3.2x |