After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.082%7d average+0.045%fees + slippage, in and out−$23spread needed0.234%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXADAPERP | 0.2428 | 0 | get 0.0000% / 8h | 5h 29m | $146K | $5.5M | 3.2x |
| Short | MEXC ADA_USDT | 0.2426 | 0.0100 | get 0.0100% / 8h | 1h 29m | $52.9M | $61.0M | 300x |
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
- −$8.24
- Funding while held
- $3
- Slippage, 4 orders
- −$13.43
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$28.66
- Spread needed to break even
- 0.234%
Slippage from Kalshi: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 4.12 bp | 9.8 bp −$10 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.06 bp | 2.1 bp −$2 | 2.1 bp −$21 | 13.8 bp −$1,378 | 40.5 bp −$20.3K |
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 PERP | −6.013% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Reya ADARUSDPERP | −0.131% | +0.0296% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.127% | L +0.0541% / S −0.0293% | 1h | $116K | — | 100x | as long as short |
| Gate ADA_USDT | −0.124% | +0.0077% | 8h | $93.4M | $56.4M | 75x | as long as short |
| Extended ADA-USD | −0.101% | +0.0104% | 1h | $630K | $1.5M | 50x | as long as short |
| Polymarket Perps ADA-USD | −0.091% | +0.0100% | 1h | $93K | $720K | 10x | as long as short |
| Bybit ADAUSDT | −0.082% | +0.0100% | 8h | $69.6M | $108.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.082% | +0.0100% | 8h | $32.2M | $103.4M | 50x | as long as short |
| MEXC ADA_USDTshort | −0.082% | +0.0100% | 8h | $52.9M | $61.0M | 300x | |
| BingX ADA-USDC | −0.082% | +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 | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ADA_USDC | −0.082% | +0.0100% | 8h | $6K | $35K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.082% | +0.0136% | 1h | $483K | $6.6M | 50x | as long as short |
| Phemex ADAUSDT | −0.082% | +0.0100% | 8h | $47.5M | $5.7M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.078% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| KuCoin ADAUSDTM | −0.070% | +0.0100% | 8h | $30.0M | $20.7M | 75x | as long as short |
| Binance ADAUSDT | −0.062% | +0.0100% | 8h | $101.2M | $347.4M | 75x | as long as short |
| Derive ADA-PERP | −0.058% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| SoDEX ADA-USD | −0.058% | +0.0100% | 1h | $334 | $13K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.049% | +0.0080% | 1h | $452K | $372K | 50x | as long as short |
| Kraken Futures PF_ADAUSD | −0.048% | −0.0069% | 1h | $5.9M | $11.2M | 50x | as long as short |
| Aster ADAUSDT | −0.046% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| SunX ADA-USDT | −0.044% | +0.0100% | 8h | $9K | $769K | 30x | as long as short |
| Bitget ADAUSDT | −0.041% | +0.0100% | 8h | $63.5M | $45.6M | 75x | as long as short |
| Paradex ADA-USD-PERP | −0.032% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| HTX ADA-USDT | −0.032% | +0.0100% | 8h | $1.3M | $4.7M | 75x | as long as short |
| dYdX ADA-USD | −0.028% | 0.0000% | 1h | $201K | $2K | 10x | as long as short |
| Hyperliquid ADA | −0.016% | +0.0100% | 1h | $41.6M | $15.6M | 10x | as long as short |
| Pacifica ADA | −0.008% | +0.0100% | 1h | $158K | $174K | 10x | as long as short |
| Kalshi KXADAPERPlong | 0.000% | 0.0000% | 8h | $146K | $5.5M | 3.2x | |
| edgeX ADAUSDC | +0.019% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| Lighter ADA | +0.025% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| BloFin ADA-USDT | +0.041% | +0.0220% | 8h | $4.4M | $6.0M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.049% | +0.0100% | 1h | $103K | $415K | 15x | as long as short |
| Phoenix ADA | +0.086% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.165% | +0.0100% | 1h | $96K | $343K | 50x | as long as short |
| Variational Omni ADA | +0.203% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
MEXC ADA_USDT
Injective
GMX
Gate
Extended
Polymarket Perps
Bybit
OKX
BingX
Coinbase International
Phemex
gTrade (Gains Network)
KuCoin
Binance
Derive
SoDEX
Deribit
Kraken Futures
Aster
SunX
Bitget
Paradex
HTX
Hyperliquid
Pacifica
Lighter
BloFin
Backpack
Phoenix
ApeX Omni
Variational Omni