After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.033%7d average0.000%fees + slippage, in and out−$51spread needed0.513%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADAUSDTM | 0.2456 | 0.0100 | pay 0.0100% / 8h | 7h 55m | $30.2M | $21.3M | 75x |
| Short | BingX ADA-USDC | 0.2455 | 0.0100 | get 0.0100% / 8h | 7h 55m | — | $6.5M | — |
KuCoin ADAUSDTM
BingX ADA-USDCPrice 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
- −$3.26
- Funding while held
- $0
- Slippage, 4 orders
- −$29.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$54.6
- Spread needed to break even
- 0.513%
Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 10 min ago | 1.02 bp | 13.5 bp −$13 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.08 bp | 12.7 bp −$13 | 22.9 bp −$229 | 71.9 bp −$7,190 | 563.3 bp −$281.6K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestApeX Omni0.2445+0.866%Phoenix0.2450+1.056%Bybit0.2451+1.114%OKX0.2451+1.114%BloFin0.2451+1.114%Polymarket Perps0.2452+1.139%Reya0.2452+1.150%Binance0.2453+1.177%edgeX0.2453+1.198%Gate0.2454+1.238%Hyperliquid0.2454+1.254%
Injective
ApeX Omni
Phoenix
Bybit
OKX
BloFin
Polymarket Perps
Reya
Binance
Gate
HyperliquidBingX0.2455+1.279%
Extended0.2455+1.297%
ExtendedKuCoin0.2456+1.312%
MEXC0.2456+1.320%Bitget0.2456+1.320%Pacifica0.2456+1.335%dYdX0.2457+1.361%Lighter0.2457+1.378%Paradex0.2458+1.393%Aster0.2458+1.402%Derive0.2458+1.421%Variational Omni0.2458+1.423%Orderly0.2460+1.485%Phemex0.2460+1.485%GMX0.2460+1.486%gTrade (Gains Network)0.2460+1.490%SoDEX0.2461+1.510%SunX0.2461+1.524%Kalshi0.2461+1.526%Coinbase International0.2461+1.526%HTX0.2461+1.527%Backpack0.2462+1.547%Kraken Futures0.2462+1.565%Deribit0.2462+1.568%
MEXC
Bitget
Pacifica
dYdX
Lighter
Paradex
Aster
Derive
Variational Omni
Orderly
Phemex
GMX
gTrade (Gains Network)
SoDEX
SunX
Coinbase International
HTX
Backpack
Kraken Futures
DeribitADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −1.295% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.440% | +0.0100% | 1h | $228K | $451K | 50x | as long as short |
| Phoenix ADA | −0.252% | +0.0131% | 1h | $4K | $102K | 10x | as long as short |
| Bybit ADAUSDT | −0.195% | +0.0100% | 8h | $71.7M | $112.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.195% | +0.0100% | 8h | $32.3M | $109.4M | 50x | as long as short |
| BloFin ADA-USDT | −0.195% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| Polymarket Perps ADA-USD | −0.171% | +0.0100% | 1h | $94K | $736K | 10x | as long as short |
| Reya ADARUSDPERP | −0.160% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| Binance ADAUSDT | −0.134% | +0.0100% | 8h | $101.9M | $368.0M | 75x | as long as short |
| edgeX ADAUSDC | −0.113% | +0.0100% | 4h | $65K | $276K | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | −0.073% | +0.0100% | 8h | $95.5M | $55.6M | 75x | as long as short |
| Hyperliquid ADA | −0.057% | +0.0112% | 1h | $42.7M | $16.6M | 10x | as long as short |
| BingX ADA-USDCshort | −0.033% | +0.0100% | 8h | — | $6.5M | — | |
| Extended ADA-USD | −0.015% | +0.0104% | 1h | $611K | $1.7M | 50x | as long as short |
| KuCoin ADAUSDTMlong | 0.000% | +0.0100% | 8h | $30.2M | $21.3M | 75x | |
| MEXC ADA_USDT | +0.008% | +0.0100% | 8h | $52.3M | $62.5M | 300x | as long as short |
| Bitget ADAUSDT | +0.008% | +0.0100% | 8h | $64.8M | $47.1M | 75x | as long as short |
| Pacifica ADA | +0.022% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| dYdX ADA-USD | +0.049% | 0.0000% | 1h | $203K | $2K | 10x | as long as short |
| Lighter ADA | +0.065% | +0.0096% | 1h | $2.3M | $983K | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.080% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Aster ADAUSDT | +0.089% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Derive ADA-PERP | +0.107% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Variational Omni ADA | +0.109% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Orderly PERP_ADA_USDC | +0.171% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.171% | −0.0334% | 8h | $48.1M | $5.9M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.172% | L +0.0537% / S −0.0286% | 1h | $116K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.176% | L +0.0005% / S −0.0003% | 1h | $90K | — | 150x | as long as short |
| SoDEX ADA-USD | +0.195% | +0.0100% | 1h | $721 | $13K | 10x | as long as short |
| SunX ADA-USDT | +0.210% | +0.0100% | 8h | $9K | $809K | 30x | as long as short |
| Kalshi KXADAPERP | +0.212% | 0.0000% | 8h | $93K | $5.8M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.212% | +0.0112% | 1h | $440K | $7.0M | 50x | as long as short |
| HTX ADA-USDT | +0.213% | +0.0100% | 8h | $1.3M | $5.3M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.232% | +0.0100% | 1h | $104K | $433K | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.250% | +0.0139% | 1h | $6.1M | $11.4M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.252% | +0.0238% | 1h | $472K | $422K | 50x | as long as short |