After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.045%7d average+0.028%fees + slippage, in and out−$39spread needed0.391%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2439 | 0.0096 | pay 0.0012% / 1h | 55m 59s | $2.2M | $1.0M | 10x |
| Short | KuCoin ADAUSDTM | 0.2438 | 0.0100 | get 0.0100% / 8h | 6h 55m | $30.0M | $19.5M | 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
- −$4.51
- Funding while held
- $0.12
- Slippage, 4 orders
- −$27.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$43.5
- Spread needed to break even
- 0.391%
Slippage from Lighter: live order book, 2 min ago; KuCoin: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter live order book, 2 min ago | 2.66 bp | 7.7 bp −$8 | 16.6 bp −$166 | 45.6 bp −$4,556 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.02 bp | 10.4 bp −$10 | 20.3 bp −$203 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.611% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| Reya ADARUSDPERP | −0.097% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| Polymarket Perps ADA-USD | −0.094% | +0.0100% | 1h | $91K | $736K | 10x | as long as short |
| Bybit ADAUSDT | −0.078% | +0.0100% | 8h | $71.2M | $104.6M | 75x | as long as short |
| Gate ADA_USDT | −0.078% | +0.0100% | 8h | $94.7M | $53.8M | 75x | as long as short |
| BingX ADA-USDC | −0.078% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Kalshi KXADAPERP | −0.078% | 0.0000% | 8h | $77K | $5.7M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.078% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.078% | +0.0080% | 1h | $474K | $7.0M | 50x | as long as short |
| Pacifica ADA | −0.075% | +0.0100% | 1h | $159K | $164K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | −0.062% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| Aster ADAUSDT | −0.056% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| dYdX ADA-USD | −0.052% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.052% | L +0.0520% / S −0.0261% | 1h | $115K | — | 100x | as long as short |
| KuCoin ADAUSDTMshort | −0.045% | +0.0100% | 8h | $30.0M | $19.5M | 75x | |
| OKX ADA-USDT-SWAP | −0.037% | +0.0100% | 8h | $32.3M | $105.0M | 50x | as long as short |
| Bitget ADAUSDT | −0.037% | +0.0100% | 8h | $64.8M | $44.6M | 75x | as long as short |
| ApeX Omni ADAUSDT | −0.037% | +0.0100% | 1h | $228K | $452K | 50x | as long as short |
| Phemex ADAUSDT | −0.037% | +0.0100% | 8h | $47.6M | $5.8M | 50x | as long as short |
| BloFin ADA-USDT | −0.037% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| Derive ADA-PERP | −0.035% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Paradex ADA-USD-PERP | −0.034% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.027% | L +0.0005% / S −0.0003% | 1h | $85K | — | 150x | as long as short |
| Extended ADA-USD | −0.012% | +0.0104% | 1h | $593K | $1.7M | 50x | as long as short |
| Binance ADAUSDT | −0.005% | +0.0100% | 8h | $101.6M | $349.9M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.004% | +0.0324% | 1h | $475K | $390K | 50x | as long as short |
| Lighter ADAlong | 0.000% | +0.0096% | 1h | $2.2M | $1.0M | 10x | |
| SunX ADA-USDT | +0.002% | +0.0100% | 8h | $9K | $769K | 30x | as long as short |
| MEXC ADA_USDT | +0.004% | +0.0100% | 8h | $52.2M | $59.2M | 300x | as long as short |
| Kraken Futures PF_ADAUSD | +0.023% | +0.0353% | 1h | $6.0M | $10.9M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.025% | +0.0100% | 1h | $101K | $416K | 15x | as long as short |
| HTX ADA-USDT | +0.030% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Hyperliquid ADA | +0.041% | +0.0100% | 1h | $42.6M | $14.3M | 10x | as long as short |
| Variational Omni ADA | +0.145% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Phoenix ADA | +0.160% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| edgeX ADAUSDC | +0.247% | +0.0100% | 4h | $65K | $279K | 20x | as long as short |
Lighter ADA
KuCoin ADAUSDTM
Injective
Polymarket Perps
Bybit
Gate
BingX
Coinbase International
Pacifica
SoDEX
Aster
GMX
OKX
Bitget
ApeX Omni
Phemex
BloFin
Derive
Paradex
gTrade (Gains Network)
Extended
Binance
Deribit
SunX
MEXC
Kraken Futures
Backpack
HTX
Hyperliquid
Variational Omni
Phoenix