After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.045%7d average+0.019%fees + slippage, in and out−$32spread needed0.318%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2445 | 0.0096 | pay 0.0012% / 1h | 2m 18s | $2.2M | $1.0M | 10x |
| Short | OKX ADA-USDT-SWAP | 0.2444 | 0.0100 | get 0.0100% / 8h | 7h 02m | $32.4M | $105.7M | 50x |
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
- −$4.5
- Funding while held
- $0.12
- Slippage, 4 orders
- −$21.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$36.19
- Spread needed to break even
- 0.318%
Slippage from Lighter: live order book, 6 min ago; OKX: live order book, 3 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, 6 min ago | 2.46 bp | 10.4 bp −$10 | 21.0 bp −$210 | 54.2 bp −$5,416 | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.05 bp | 10.5 bp −$11 | 14.1 bp −$141 | 48.6 bp −$4,860 | 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 | −0.863% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.249% | +0.0100% | 1h | $228K | $452K | 50x | as long as short |
| Variational Omni ADA | −0.092% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Gate ADA_USDT | −0.086% | +0.0100% | 8h | $94.9M | $57.6M | 75x | as long as short |
| MEXC ADA_USDT | −0.086% | +0.0100% | 8h | $52.3M | $63.9M | 300x | as long as short |
| BingX ADA-USDC | −0.086% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| dYdX ADA-USD | −0.070% | +0.0059% | 1h | $202K | $2K | 10x | as long as short |
| Reya ADARUSDPERP | −0.066% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.063% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Extended ADA-USD | −0.052% | +0.0104% | 1h | $593K | $1.7M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | −0.045% | +0.0100% | 8h | $71.4M | $104.9M | 75x | as long as short |
| OKX ADA-USDT-SWAPshort | −0.045% | +0.0100% | 8h | $32.4M | $105.7M | 50x | |
| Bitget ADAUSDT | −0.045% | +0.0100% | 8h | $65.0M | $44.7M | 75x | as long as short |
| Kalshi KXADAPERP | −0.045% | 0.0000% | 8h | $68K | $5.7M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.045% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SoDEX ADA-USD | −0.045% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.045% | +0.0112% | 1h | $476K | $7.0M | 50x | as long as short |
| Phemex ADAUSDT | −0.045% | +0.0100% | 8h | $47.7M | $5.8M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.033% | L +0.0005% / S −0.0003% | 1h | $86K | — | 150x | as long as short |
| Pacifica ADA | −0.031% | +0.0100% | 1h | $159K | $169K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.024% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Binance ADAUSDT | −0.019% | +0.0100% | 8h | $101.9M | $351.5M | 75x | as long as short |
| Polymarket Perps ADA-USD | −0.012% | +0.0100% | 1h | $92K | $736K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.012% | +0.0140% | 1h | $6.0M | $11.0M | 50x | as long as short |
| Derive ADA-PERP | −0.012% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| KuCoin ADAUSDTM | −0.008% | +0.0100% | 8h | $30.1M | $19.7M | 75x | as long as short |
| Hyperliquid ADA | −0.004% | +0.0100% | 1h | $42.7M | $14.3M | 10x | as long as short |
| Lighter ADAlong | 0.000% | +0.0096% | 1h | $2.2M | $1.0M | 10x | |
| Phoenix ADA | 0.000% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| HTX ADA-USDT | 0.000% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Aster ADAUSDT | 0.000% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.004% | +0.0100% | 1h | $101K | $421K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.004% | +0.0241% | 1h | $476K | $391K | 50x | as long as short |
| SunX ADA-USDT | +0.035% | +0.0100% | 8h | $9K | $771K | 30x | as long as short |
| BloFin ADA-USDT | +0.037% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| edgeX ADAUSDC | +0.041% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
Lighter ADA
OKX ADA-USDT-SWAP
Injective
ApeX Omni
Variational Omni
Gate
MEXC
BingX
GMX
Extended
Bybit
Bitget
SoDEX
Coinbase International
Phemex
gTrade (Gains Network)
Pacifica
Paradex
Binance
Polymarket Perps
Kraken Futures
Derive
KuCoin
Hyperliquid
Phoenix
HTX
Aster
Backpack
Deribit
SunX
BloFin