After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.017%7d average−0.050%fees + slippage, in and out−$47spread needed0.472%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADAUSDTM | 0.2424 | 0.0100 | pay 0.0100% / 8h | 29m 26s | $30.1M | $21.1M | 75x |
| Short | Kalshi KXADAPERP | 0.2424 | 0 | get 0.0000% / 8h | 4h 29m | $124K | $5.9M | 3.2x |
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
- $1.65
- Funding while held
- −$3
- Slippage, 4 orders
- −$25.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$48.6
- Spread needed to break even
- 0.472%
Slippage from KuCoin: live order book, 6 min ago; Kalshi: 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 KuCoin live order book, 6 min ago | 1.24 bp | 15.2 bp −$15 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 4.13 bp | 9.8 bp −$10 | 19.5 bp −$195 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ADAUSDT | −0.107% | +0.0100% | 1h | $226K | $448K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.066% | +0.0120% | 1h | $430K | $6.9M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.058% | L +0.0005% / S −0.0003% | 1h | $88K | — | 150x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.052% | L +0.0532% / S −0.0286% | 1h | $114K | — | 100x | as long as short |
| dYdX ADA-USD | −0.045% | +0.0093% | 1h | $200K | $2K | 10x | as long as short |
| Aster ADAUSDT | −0.040% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| edgeX ADAUSDC | −0.026% | +0.0100% | 4h | $64K | $278K | 20x | as long as short |
| Orderly PERP_ADA_USDC | −0.025% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | −0.025% | +0.0100% | 8h | $47.4M | $5.8M | 50x | as long as short |
| Phoenix ADA | −0.021% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | −0.004% | +0.0100% | 1h | $333 | $13K | 10x | as long as short |
| KuCoin ADAUSDTMlong | 0.000% | +0.0100% | 8h | $30.1M | $21.1M | 75x | |
| Derive ADA-PERP | +0.002% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Backpack ADA_USDC_PERP | +0.004% | +0.0100% | 1h | $102K | $424K | 15x | as long as short |
| HTX ADA-USDT | +0.008% | +0.0100% | 8h | $1.3M | $5.1M | 75x | as long as short |
| Kalshi KXADAPERPshort | +0.017% | 0.0000% | 8h | $124K | $5.9M | 3.2x | |
| Injective ADA/USDC PERP | +0.017% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| SunX ADA-USDT | +0.017% | +0.0100% | 8h | $9K | $805K | 30x | as long as short |
| Kraken Futures PF_ADAUSD | +0.019% | +0.0225% | 1h | $5.8M | $11.3M | 50x | as long as short |
| Pacifica ADA | +0.021% | +0.0100% | 1h | $159K | $181K | 10x | as long as short |
| Variational Omni ADA | +0.028% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.029% | +0.0121% | 1h | $465K | $420K | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.037% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.041% | +0.0104% | 1h | $611K | $1.7M | 50x | as long as short |
| Gate ADA_USDT | +0.058% | +0.0073% | 8h | $94.0M | $58.9M | 75x | as long as short |
| BingX ADA-USDT | +0.058% | +0.0100% | 8h | — | $18.5M | — | as long as short |
| BloFin ADA-USDT | +0.058% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| Lighter ADA | +0.078% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Binance ADAUSDT | +0.119% | +0.0100% | 8h | $100.7M | $364.9M | 75x | as long as short |
| Bybit ADAUSDT | +0.140% | +0.0100% | 8h | $70.1M | $111.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.140% | +0.0100% | 8h | $31.9M | $107.0M | 50x | as long as short |
| MEXC ADA_USDT | +0.140% | +0.0100% | 8h | $51.4M | $63.4M | 300x | as long as short |
| Reya ADARUSDPERP | +0.167% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Bitget ADAUSDT | +0.182% | +0.0100% | 8h | $64.1M | $47.1M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.182% | +0.0100% | 1h | $92K | $731K | 10x | as long as short |
| Hyperliquid ADA | +0.235% | +0.0100% | 1h | $41.8M | $16.3M | 10x | as long as short |
KuCoin ADAUSDTM
ApeX Omni
Coinbase International
gTrade (Gains Network)
GMX
Aster
Phemex
Phoenix
SoDEX
Derive
Backpack
HTX
Injective
SunX
Kraken Futures
Pacifica
Variational Omni
Deribit
Paradex
Extended
Gate
BingX
BloFin
Lighter
Binance
Bybit
OKX
MEXC
Bitget
Polymarket Perps
Hyperliquid