After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.016%7d average−0.004%fees + slippage, in and out−$40spread needed0.400%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADAUSDTM | 0.2448 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $28.7M | $19.5M | 75x |
| Short | Hyperliquid ADA | 0.2448 | 0.0100 | get 0.0013% / 1h | 38m 06s | $41.7M | $15.7M | 10x |
KuCoin ADAUSDTM
Hyperliquid ADAPrice 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
- −$1.63
- Funding while held
- $0
- Slippage, 4 orders
- −$18.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$41.61
- Spread needed to break even
- 0.400%
Slippage from KuCoin: live order book, 7 min ago; Hyperliquid: live order book, 7 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, 7 min ago | 0.82 bp | 14.0 bp −$14 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.02 bp | 7.2 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2282cheapest
Variational Omni0.2432+6.573%ApeX Omni0.2435+6.705%Gate0.2445+7.143%GMX0.2445+7.147%MEXC0.2446+7.187%BloFin0.2446+7.187%dYdX0.2446+7.208%edgeX0.2447+7.219%Reya0.2447+7.226%BingX0.2447+7.230%Phemex0.2447+7.230%Pacifica0.2447+7.236%Paradex0.2447+7.239%gTrade (Gains Network)0.2447+7.244%Polymarket Perps0.2447+7.248%SoDEX0.2447+7.252%Extended0.2448+7.264%Backpack0.2448+7.270%
Injective
Variational Omni
ApeX Omni
Gate
GMX
MEXC
BloFin
dYdX
Reya
BingX
Phemex
Pacifica
Paradex
gTrade (Gains Network)
Polymarket Perps
SoDEX
Extended
BackpackHyperliquid0.2448+7.274%
Bybit0.2448+7.274%OKX0.2448+7.274%Bitget0.2448+7.274%Kalshi0.2448+7.274%Orderly0.2448+7.274%Coinbase International0.2448+7.274%Lighter0.2448+7.279%Kraken Futures0.2448+7.282%Derive0.2448+7.285%HTX0.2448+7.287%
Bybit
OKX
Bitget
Orderly
Coinbase International
Lighter
Kraken Futures
Derive
HTXKuCoin0.2448+7.292%
Aster0.2449+7.297%Binance0.2449+7.313%SunX0.2449+7.316%Deribit0.2449+7.331%Phoenix0.2454+7.528%
Aster
Binance
SunX
Deribit
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −6.796% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Variational Omni ADA | −0.670% | +0.0100% | 8h | $4.2M | $950K | — | as long as short |
| ApeX Omni ADAUSDT | −0.547% | +0.0100% | 1h | $93K | $312K | 50x | as long as short |
| Gate ADA_USDT | −0.139% | +0.0100% | 8h | $96.3M | $52.5M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.135% | L +0.0547% / S −0.0369% | 1h | $108K | — | 100x | as long as short |
| MEXC ADA_USDT | −0.098% | +0.0100% | 8h | $53.9M | $58.6M | 300x | as long as short |
| BloFin ADA-USDT | −0.098% | +0.0220% | 8h | $4.6M | $6.0M | 75x | as long as short |
| dYdX ADA-USD | −0.078% | +0.0041% | 1h | $202K | $2K | 10x | as long as short |
| edgeX ADAUSDC | −0.068% | +0.0100% | 4h | $65K | $350K | 20x | as long as short |
| Reya ADARUSDPERP | −0.062% | +0.0298% | 1h | $1K | — | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ADA-USDT | −0.057% | +0.0100% | 8h | — | $17.3M | — | as long as short |
| Phemex ADAUSDT | −0.057% | +0.0100% | 8h | $48.0M | $5.6M | 50x | as long as short |
| Pacifica ADA | −0.052% | +0.0100% | 1h | $152K | $135K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.049% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.045% | L +0.0005% / S −0.0003% | 1h | $85K | — | 150x | as long as short |
| Polymarket Perps ADA-USD | −0.041% | +0.0100% | 1h | $92K | $708K | 10x | as long as short |
| SoDEX ADA-USD | −0.037% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Extended ADA-USD | −0.026% | +0.0104% | 1h | $656K | $783K | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.020% | +0.0100% | 1h | $104K | $418K | 15x | as long as short |
| Hyperliquid ADAshort | −0.016% | +0.0100% | 1h | $41.7M | $15.7M | 10x | |
| Bybit ADAUSDT | −0.016% | +0.0100% | 8h | $71.4M | $103.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.016% | +0.0100% | 8h | $32.4M | $98.5M | 50x | as long as short |
| Bitget ADAUSDT | −0.016% | +0.0100% | 8h | $63.7M | $43.8M | 75x | as long as short |
| Kalshi KXADAPERP | −0.016% | 0.0000% | 8h | $149K | $5.2M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.016% | +0.0100% | 8h | $6K | $38K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.016% | +0.0136% | 1h | $490K | $5.9M | 50x | as long as short |
| Lighter ADA | −0.012% | +0.0096% | 1h | $2.2M | $932K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.009% | +0.0019% | 1h | $6.1M | $10.8M | 50x | as long as short |
| Derive ADA-PERP | −0.007% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| HTX ADA-USDT | −0.005% | +0.0100% | 8h | $1.3M | $4.4M | 75x | as long as short |
| KuCoin ADAUSDTMlong | 0.000% | +0.0100% | 8h | $28.7M | $19.5M | 75x | |
| Aster ADAUSDT | +0.005% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| Binance ADAUSDT | +0.020% | +0.0100% | 8h | $102.0M | $329.4M | 75x | as long as short |
| SunX ADA-USDT | +0.023% | +0.0100% | 8h | $9K | $730K | 30x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.037% | 0.0000% | 1h | $459K | $349K | 50x | as long as short |
| Phoenix ADA | +0.221% | +0.0065% | 1h | $4K | $94K | 10x | as long as short |