After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.067%7d average+0.002%fees + slippage, in and out−$56spread needed0.561%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ADAUSD | 0.2404 | 0.0358 | pay 0.0045% / 1h | 3m 17s | $6.0M | $10.6M | 50x |
| Short | ApeX Omni ADAUSDT | 0.2406 | 0.0100 | get 0.0013% / 1h | 3m 17s | $225K | $454K | 50x |
Kraken Futures PF_ADAUSD
ApeX Omni ADAUSDTPrice 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
- $6.73
- Funding while held
- −$7.75
- Slippage, 4 orders
- −$36.13
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$57.15
- Spread needed to break even
- 0.561%
Slippage from Kraken Futures: live order book, 2 min ago; ApeX Omni: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0258%
- Per $10,000 a day
- −$7.75
- 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 Kraken Futures live order book, 2 min ago | 3.95 bp | 12.6 bp −$13 | 15.4 bp −$154 | 68.0 bp −$6,804 | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 4.11 bp | 12.5 bp −$12 | 37.6 bp −$376 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.2403cheapestGate0.2403cheapestBloFin0.2403cheapestSoDEX0.2404+0.021%GMX0.2404+0.022%Extended0.2404+0.022%Polymarket Perps0.2404+0.025%Reya0.2404+0.026%Aster0.2404+0.036%Bitget0.2404+0.042%BingX0.2404+0.042%Kalshi0.2404+0.042%Coinbase International0.2404+0.042%Phemex0.2404+0.042%gTrade (Gains Network)0.2404+0.045%dYdX0.2404+0.050%KuCoin0.2404+0.050%Derive0.2404+0.055%Pacifica0.2404+0.057%
Bybit
Gate
BloFin
SoDEX
GMX
Extended
Polymarket Perps
Reya
Aster
Bitget
BingX
Coinbase International
Phemex
gTrade (Gains Network)
dYdX
KuCoin
Derive
PacificaKraken Futures0.2404+0.058%
Hyperliquid0.2405+0.071%Binance0.2405+0.074%HTX0.2405+0.078%Deribit0.2405+0.079%Paradex0.2405+0.083%OKX0.2405+0.083%MEXC0.2405+0.083%Orderly0.2405+0.083%Lighter0.2405+0.087%Backpack0.2405+0.100%Phoenix0.2406+0.112%SunX0.2406+0.124%
Hyperliquid
Binance
HTX
Deribit
Paradex
OKX
MEXC
Orderly
Lighter
Backpack
Phoenix
SunXApeX Omni0.2406+0.125%
Variational Omni0.2412+0.362%edgeX0.2413+0.407%Injective0.2424+0.874%
Variational Omni
InjectiveADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | −0.058% | +0.0100% | 8h | $69.1M | $99.6M | 75x | as long as short |
| Gate ADA_USDT | −0.058% | +0.0100% | 8h | $94.0M | $55.9M | 75x | as long as short |
| BloFin ADA-USDT | −0.058% | +0.0220% | 8h | $4.4M | $5.2M | 75x | as long as short |
| SoDEX ADA-USD | −0.037% | +0.0100% | 1h | $331 | $13K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.036% | L +0.0517% / S −0.0276% | 1h | $111K | — | 100x | as long as short |
| Extended ADA-USD | −0.035% | +0.0104% | 1h | $600K | $1.7M | 50x | as long as short |
| Polymarket Perps ADA-USD | −0.033% | +0.0100% | 1h | $90K | $727K | 10x | as long as short |
| Reya ADARUSDPERP | −0.032% | +0.0291% | 1h | $1K | — | 15x | as long as short |
| Aster ADAUSDT | −0.021% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Bitget ADAUSDT | −0.016% | +0.0100% | 8h | $63.6M | $41.7M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ADA-USDC | −0.016% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Kalshi KXADAPERP | −0.016% | 0.0000% | 8h | $186K | $5.9M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.016% | +0.0080% | 1h | $466K | $6.7M | 50x | as long as short |
| Phemex ADAUSDT | −0.016% | +0.0100% | 8h | $46.9M | $5.1M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.013% | L +0.0005% / S −0.0003% | 1h | $82K | — | 150x | as long as short |
| dYdX ADA-USD | −0.008% | +0.0200% | 1h | $199K | $2K | 10x | as long as short |
| KuCoin ADAUSDTM | −0.008% | +0.0100% | 8h | $29.6M | $17.7M | 75x | as long as short |
| Derive ADA-PERP | −0.003% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Pacifica ADA | 0.000% | +0.0100% | 1h | $155K | $154K | 10x | as long as short |
| Kraken Futures PF_ADAUSDlong | 0.000% | +0.0358% | 1h | $6.0M | $10.6M | 50x | |
| Hyperliquid ADA | +0.013% | +0.0100% | 1h | $42.0M | $13.8M | 10x | as long as short |
| Binance ADAUSDT | +0.016% | +0.0100% | 8h | $99.6M | $341.9M | 75x | as long as short |
| HTX ADA-USDT | +0.020% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.022% | +0.0208% | 1h | $470K | $379K | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.025% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| OKX ADA-USDT-SWAP | +0.026% | +0.0100% | 8h | $31.6M | $101.6M | 50x | as long as short |
| MEXC ADA_USDT | +0.026% | +0.0100% | 8h | $50.7M | $60.9M | 300x | as long as short |
| Orderly PERP_ADA_USDC | +0.026% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Lighter ADA | +0.030% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.042% | +0.0100% | 1h | $103K | $407K | 15x | as long as short |
| Phoenix ADA | +0.055% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| SunX ADA-USDT | +0.066% | +0.0100% | 8h | $9K | $751K | 30x | as long as short |
| ApeX Omni ADAUSDTshort | +0.067% | +0.0100% | 1h | $225K | $454K | 50x | |
| Variational Omni ADA | +0.305% | +0.0100% | 8h | $4.1M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.349% | +0.0100% | 4h | $64K | $278K | 20x | as long as short |
| Injective ADA/USDC PERP | +0.816% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |