After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.164%7d average−0.043%fees + slippage, in and out−$22spread needed0.223%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ADA_USDT | 0.2437 | 0.0100 | pay 0.0100% / 8h | 5h 00m | $52.7M | $58.6M | 300x |
| Short | Kalshi KXADAPERP | 0.2441 | 0 | get 0.0000% / 8h | 1h 00m | $123K | $5.8M | 3.2x |
MEXC ADA_USDTPrice 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
- $16.41
- Funding while held
- −$3
- Slippage, 4 orders
- −$12.28
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$8.86
- Spread needed to break even
- 0.223%
Slippage from MEXC: live order book, 5 min ago; Kalshi: live order book, 4 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 MEXC live order book, 5 min ago | 2.05 bp | 2.0 bp −$2 | 2.0 bp −$20 | 14.9 bp −$1,494 | 55.7 bp −$27.8K |
| Sell Kalshi live order book, 4 min ago | 4.09 bp | 9.1 bp −$9 | 18.9 bp −$189 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Gate0.2437cheapest
GateMEXC0.2437cheapest
GMX0.2438+0.030%SoDEX0.2438+0.033%Aster0.2438+0.039%Bybit0.2438+0.041%BingX0.2438+0.041%Orderly0.2438+0.041%Phemex0.2438+0.041%Polymarket Perps0.2438+0.053%gTrade (Gains Network)0.2438+0.057%Reya0.2438+0.060%Extended0.2438+0.060%Binance0.2439+0.069%KuCoin0.2439+0.074%Backpack0.2439+0.074%Hyperliquid0.2439+0.078%Derive0.2439+0.080%OKX0.2439+0.082%Bitget0.2439+0.082%Deribit0.2439+0.082%Kraken Futures0.2439+0.086%Pacifica0.2439+0.097%Paradex0.2439+0.102%Lighter0.2440+0.103%dYdX0.2440+0.105%Coinbase International0.2440+0.123%HTX0.2441+0.158%ApeX Omni0.2441+0.164%Injective0.2441+0.164%BloFin0.2441+0.164%Variational Omni0.2442+0.188%Phoenix0.2442+0.193%SunX0.2442+0.204%edgeX0.2446+0.363%
GMX
SoDEX
Aster
Bybit
BingX
Orderly
Phemex
Polymarket Perps
gTrade (Gains Network)
Reya
Extended
Binance
KuCoin
Backpack
Hyperliquid
Derive
OKX
Bitget
Deribit
Kraken Futures
Pacifica
Paradex
Lighter
dYdX
Coinbase International
HTX
ApeX Omni
Injective
BloFin
Variational Omni
Phoenix
SunXADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | 0.000% | +0.0100% | 8h | $96.1M | $56.2M | 75x | as long as short |
| MEXC ADA_USDTlong | 0.000% | +0.0100% | 8h | $52.7M | $58.6M | 300x | |
| GMX ADA/USD [WBTC.b-USDC] | +0.030% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| SoDEX ADA-USD | +0.033% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| Aster ADAUSDT | +0.039% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Bybit ADAUSDT | +0.041% | +0.0100% | 8h | $70.5M | $99.1M | 75x | as long as short |
| BingX ADA-USDC | +0.041% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Orderly PERP_ADA_USDC | +0.041% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.041% | +0.0100% | 8h | $47.5M | $5.1M | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.053% | +0.0100% | 1h | $92K | $730K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ADA/USD | +0.057% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Reya ADARUSDPERP | +0.060% | +0.0290% | 1h | $1K | — | 15x | as long as short |
| Extended ADA-USD | +0.060% | +0.0104% | 1h | $589K | $1.8M | 50x | as long as short |
| Binance ADAUSDT | +0.069% | +0.0100% | 8h | $101.3M | $343.1M | 75x | as long as short |
| KuCoin ADAUSDTM | +0.074% | +0.0100% | 8h | $30.4M | $17.6M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.074% | +0.0100% | 1h | $102K | $413K | 15x | as long as short |
| Hyperliquid ADA | +0.078% | +0.0100% | 1h | $42.6M | $13.7M | 10x | as long as short |
| Derive ADA-PERP | +0.080% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| OKX ADA-USDT-SWAP | +0.082% | +0.0100% | 8h | $32.4M | $103.4M | 50x | as long as short |
| Bitget ADAUSDT | +0.082% | +0.0100% | 8h | $64.5M | $41.6M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.082% | +0.0324% | 1h | $476K | $372K | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.086% | +0.0261% | 1h | $6.2M | $10.8M | 50x | as long as short |
| Pacifica ADA | +0.097% | +0.0100% | 1h | $156K | $149K | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.102% | +0.0102% | 8h | $20K | $250 | 20x | as long as short |
| Lighter ADA | +0.103% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| dYdX ADA-USD | +0.105% | 0.0000% | 1h | $201K | $4K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.123% | +0.0072% | 1h | $468K | $6.8M | 50x | as long as short |
| HTX ADA-USDT | +0.158% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.164% | +0.0100% | 1h | $230K | $457K | 50x | as long as short |
| Kalshi KXADAPERPshort | +0.164% | 0.0000% | 8h | $123K | $5.8M | 3.2x | |
| Injective ADA/USDC PERP | +0.164% | +0.0033% | 1h | $838 | $97K | 12x | as long as short |
| BloFin ADA-USDT | +0.164% | +0.0220% | 8h | $4.5M | $4.9M | 75x | as long as short |
| Variational Omni ADA | +0.188% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Phoenix ADA | +0.193% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
| SunX ADA-USDT | +0.204% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| edgeX ADAUSDC | +0.363% | +0.0100% | 4h | $65K | $279K | 20x | as long as short |