After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.121%7d average+0.037%fees + slippage, in and out−$48spread needed0.479%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ADAUSD | 0.2422 | −0.0069 | get 0.0009% / 1h | 42m 13s | $5.9M | $11.2M | 50x |
| Short | BloFin ADA-USDT | 0.2419 | 0.0220 | get 0.0220% / 8h | 1h 42m | $4.5M | $6.0M | 75x |
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
- −$12.1
- Funding while held
- $8.68
- Slippage, 4 orders
- −$25.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.29
- Spread needed to break even
- 0.479%
Slippage from Kraken Futures: live order book, 3 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0289%
- Per $10,000 a day
- +$8.68
- 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, 3 min ago | 2.07 bp | 12.8 bp −$13 | 16.4 bp −$164 | 55.2 bp −$5,518 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 6.20 bp | 12.2 bp −$12 | 17.3 bp −$173 | 33.0 bp −$3,304 | 56.3 bp −$28.2K |
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 | −5.778% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Variational Omni ADA | −0.416% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Coinbase International ADA-PERP-INTX | −0.245% | +0.0136% | 1h | $450K | $6.4M | 50x | as long as short |
| edgeX ADAUSDC | −0.179% | +0.0100% | 4h | $64K | $354K | 20x | as long as short |
| Phoenix ADA | −0.142% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Gate ADA_USDT | −0.121% | +0.0081% | 8h | $92.6M | $55.9M | 75x | as long as short |
| ApeX Omni ADAUSDT | −0.121% | +0.0100% | 1h | $95K | $343K | 50x | as long as short |
| BloFin ADA-USDTshort | −0.121% | +0.0220% | 8h | $4.5M | $6.0M | 75x | |
| Bybit ADAUSDT | −0.080% | +0.0100% | 8h | $69.5M | $108.4M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.055% | L +0.0542% / S −0.0369% | 1h | $106K | — | 100x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack ADA_USDC_PERP | −0.051% | +0.0100% | 1h | $105K | $417K | 15x | as long as short |
| Derive ADA-PERP | −0.049% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Reya ADARUSDPERP | −0.046% | +0.0296% | 1h | $1K | — | 15x | as long as short |
| OKX ADA-USDT-SWAP | −0.038% | +0.0100% | 8h | $32.1M | $102.5M | 50x | as long as short |
| MEXC ADA_USDT | −0.038% | +0.0100% | 8h | $51.1M | $60.7M | 300x | as long as short |
| Kalshi KXADAPERP | −0.038% | 0.0000% | 8h | $152K | $5.5M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.038% | +0.0100% | 8h | $6K | $38K | 20x | as long as short |
| Phemex ADAUSDT | −0.038% | +0.0100% | 8h | $47.4M | $5.7M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.034% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| dYdX ADA-USD | −0.032% | 0.0000% | 1h | $200K | $2K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.029% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Pacifica ADA | −0.025% | +0.0100% | 1h | $158K | $174K | 10x | as long as short |
| HTX ADA-USDT | −0.017% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Extended ADA-USD | −0.014% | +0.0104% | 1h | $635K | $1.5M | 50x | as long as short |
| Polymarket Perps ADA-USD | −0.010% | +0.0100% | 1h | $92K | $719K | 10x | as long as short |
| Binance ADAUSDT | −0.005% | +0.0100% | 8h | $100.8M | $346.2M | 75x | as long as short |
| KuCoin ADAUSDTM | −0.001% | +0.0100% | 8h | $29.9M | $20.6M | 75x | as long as short |
| Kraken Futures PF_ADAUSDlong | 0.000% | −0.0069% | 1h | $5.9M | $11.2M | 50x | |
| Bitget ADAUSDT | +0.003% | +0.0100% | 8h | $63.3M | $45.5M | 75x | as long as short |
| BingX ADA-USDT | +0.003% | +0.0100% | 8h | — | $17.4M | — | as long as short |
| SoDEX ADA-USD | +0.003% | +0.0100% | 1h | $333 | $13K | 10x | as long as short |
| Aster ADAUSDT | +0.008% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.024% | +0.0039% | 1h | $453K | $356K | 50x | as long as short |
| SunX ADA-USDT | +0.040% | +0.0100% | 8h | $9K | $768K | 30x | as long as short |
| Lighter ADA | +0.048% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.061% | +0.0100% | 1h | $41.4M | $16.4M | 10x | as long as short |
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
Injective
Variational Omni
Coinbase International
Phoenix
Gate
ApeX Omni
Bybit
GMX
Backpack
Derive
OKX
MEXC
Phemex
gTrade (Gains Network)
Paradex
Pacifica
HTX
Extended
Polymarket Perps
Binance
KuCoin
Bitget
BingX
SoDEX
Aster
Deribit
SunX
Lighter
Hyperliquid