After costs, if the gap returns to its 7d average, $10k−$59
spread now−0.294%7d average−0.007%fees + slippage, in and out−$30spread needed0.300%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2449 | 0.0096 | pay 0.0012% / 1h | 5m 12s | $2.3M | $1.0M | 10x |
| Short | Pacifica ADA | 0.2441 | 0.0100 | get 0.0013% / 1h | 5m 12s | $159K | $174K | 10x |
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
- −$29.45
- Funding while held
- $0.12
- Slippage, 4 orders
- −$22.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$59.37
- Spread needed to break even
- 0.300%
Slippage from Lighter: live order book, 3 min ago; Pacifica: live order book, 49 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, 3 min ago | 3.07 bp | 4.3 bp −$4 | 12.2 bp −$122 | 39.3 bp −$3,929 | doesn't fit |
| Sell Pacifica live order book, 49 min ago | 2.28 bp | 9.2 bp −$9 | doesn't fit | 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 | −1.005% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.482% | +0.0100% | 4h | $65K | $353K | 20x | as long as short |
| Phoenix ADA | −0.445% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.334% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.310% | +0.0136% | 1h | $424K | $6.8M | 50x | as long as short |
| dYdX ADA-USD | −0.310% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| HTX ADA-USDT | −0.305% | +0.0100% | 8h | $1.3M | $4.8M | 75x | as long as short |
| Pacifica ADAshort | −0.294% | +0.0100% | 1h | $159K | $174K | 10x | |
| Kalshi KXADAPERP | −0.270% | 0.0000% | 8h | $126K | $5.6M | 3.2x | as long as short |
| Polymarket Perps ADA-USD | −0.253% | +0.0100% | 1h | $93K | $722K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ADARUSDPERP | −0.232% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Gate ADA_USDT | −0.188% | +0.0074% | 8h | $94.0M | $57.4M | 75x | as long as short |
| Aster ADAUSDT | −0.178% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.147% | L +0.0542% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| Bybit ADAUSDT | −0.147% | +0.0100% | 8h | $70.7M | $109.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.147% | +0.0100% | 8h | $32.4M | $105.4M | 50x | as long as short |
| BingX ADA-USDT | −0.147% | +0.0100% | 8h | — | $18.1M | — | as long as short |
| ApeX Omni ADAUSDT | −0.147% | +0.0100% | 1h | $152K | $395K | 50x | as long as short |
| Phemex ADAUSDT | −0.147% | +0.0100% | 8h | $47.9M | $5.8M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.134% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Hyperliquid ADA | −0.127% | +0.0100% | 1h | $41.8M | $15.7M | 10x | as long as short |
| Extended ADA-USD | −0.115% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Binance ADAUSDT | −0.112% | +0.0100% | 8h | $101.9M | $353.6M | 75x | as long as short |
| MEXC ADA_USDT | −0.106% | +0.0100% | 8h | $52.0M | $62.4M | 300x | as long as short |
| Variational Omni ADA | −0.104% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Kraken Futures PF_ADAUSD | −0.083% | −0.0069% | 1h | $6.0M | $11.3M | 50x | as long as short |
| KuCoin ADAUSDTM | −0.069% | +0.0100% | 8h | $30.2M | $20.8M | 75x | as long as short |
| Bitget ADAUSDT | −0.065% | +0.0100% | 8h | $64.1M | $46.2M | 75x | as long as short |
| Orderly PERP_ADA_USDC | −0.065% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SunX ADA-USDT | −0.065% | +0.0100% | 8h | $9K | $780K | 30x | as long as short |
| SoDEX ADA-USD | −0.065% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Backpack ADA_USDC_PERP | −0.053% | +0.0100% | 1h | $104K | $417K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.025% | +0.0240% | 1h | $464K | $394K | 50x | as long as short |
| Lighter ADAlong | 0.000% | +0.0096% | 1h | $2.3M | $1.0M | 10x | |
| BloFin ADA-USDT | +0.016% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
| Derive ADA-PERP | +0.057% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
Lighter ADA
Pacifica ADA
Injective
Phoenix
Paradex
Coinbase International
HTX
Polymarket Perps
Gate
Aster
GMX
Bybit
OKX
BingX
ApeX Omni
Phemex
gTrade (Gains Network)
Hyperliquid
Extended
Binance
MEXC
Variational Omni
Kraken Futures
KuCoin
Bitget
SunX
SoDEX
Backpack
Deribit
BloFin
Derive