Spread before costs (cost unknown: a leg has no order-book sample)+0.048%
7d average—if it closes, per $10,000$5funding while held, a day+$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ADA_USDT | 0.2406 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $50.7M | $60.9M | 300x |
| Short | Paradex ADA-USD-PERP | 0.2407 | 0.0101 | get 0.0101% / 8h | 6h 05m | $20K | $250 | 20x |
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
- $4.8
- Funding while held
- $0.02
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $0.82
- Spread needed to break even
- 0.040%
Slippage unknown: MEXC: live order book, 5 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.02
- 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 | 2.07 bp | 2.1 bp −$2 | 2.6 bp −$26 | 15.5 bp −$1,551 | 55.9 bp −$28.0K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International ADA-PERP-INTX | −0.125% | +0.0080% | 1h | $466K | $6.7M | 50x | as long as short |
| Bybit ADAUSDT | −0.083% | +0.0100% | 8h | $69.2M | $99.5M | 75x | as long as short |
| Gate ADA_USDT | −0.083% | +0.0100% | 8h | $94.0M | $55.8M | 75x | as long as short |
| Kalshi KXADAPERP | −0.083% | 0.0000% | 8h | $186K | $5.9M | 3.2x | as long as short |
| OKX ADA-USDT-SWAP | −0.042% | +0.0100% | 8h | $31.6M | $101.7M | 50x | as long as short |
| Bitget ADAUSDT | −0.042% | +0.0100% | 8h | $63.6M | $41.7M | 75x | as long as short |
| BingX ADA-USDT | −0.042% | +0.0100% | 8h | — | $19.0M | — | as long as short |
| MEXC ADA_USDTlong | 0.000% | +0.0100% | 8h | $50.7M | $60.9M | 300x | |
| BloFin ADA-USDT | 0.000% | +0.0220% | 8h | $4.4M | $5.2M | 75x | as long as short |
| KuCoin ADAUSDTM | +0.012% | +0.0100% | 8h | $29.6M | $17.6M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.024% | +0.0100% | 8h | $99.7M | $341.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.025% | +0.0291% | 1h | $1K | — | 15x | as long as short |
| Pacifica ADA | +0.028% | +0.0100% | 1h | $155K | $154K | 10x | as long as short |
| Hyperliquid ADA | +0.029% | +0.0100% | 1h | $42.0M | $13.8M | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.029% | +0.0100% | 1h | $103K | $408K | 15x | as long as short |
| dYdX ADA-USD | +0.033% | +0.0208% | 1h | $199K | $2K | 10x | as long as short |
| Aster ADAUSDT | +0.039% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.042% | +0.0100% | 1h | $90K | $726K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.042% | L +0.0005% / S −0.0003% | 1h | $82K | — | 150x | as long as short |
| Phemex ADAUSDT | +0.042% | +0.0100% | 8h | $47.0M | $5.2M | 50x | as long as short |
| HTX ADA-USDT | +0.045% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Paradex ADA-USD-PERPshort | +0.048% | +0.0101% | 8h | $20K | $250 | 20x | |
| GMX ADA/USD [WBTC.b-USDC] | +0.058% | L +0.0517% / S −0.0276% | 1h | $111K | — | 100x | as long as short |
| Extended ADA-USD | +0.063% | +0.0104% | 1h | $600K | $1.7M | 50x | as long as short |
| SoDEX ADA-USD | +0.071% | +0.0100% | 1h | $331 | $13K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.083% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.097% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Kraken Futures PF_ADAUSD | +0.114% | +0.0358% | 1h | $6.0M | $10.6M | 50x | as long as short |
| SunX ADA-USDT | +0.124% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Lighter ADA | +0.137% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.145% | +0.0290% | 1h | $471K | $379K | 50x | as long as short |
| Phoenix ADA | +0.237% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Variational Omni ADA | +0.237% | +0.0100% | 8h | $4.1M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.282% | +0.0100% | 4h | $64K | $278K | 20x | as long as short |
| ApeX Omni ADAUSDT | +0.374% | +0.0100% | 1h | $226K | $454K | 50x | as long as short |
| Injective ADA/USDC PERP | +0.748% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
MEXC ADA_USDT
Paradex ADA-USD-PERP
Coinbase International
Bybit
Gate
OKX
Bitget
BingX
BloFin
KuCoin
Binance
Pacifica
Hyperliquid
Backpack
Aster
Polymarket Perps
gTrade (Gains Network)
Phemex
HTX
GMX
Extended
SoDEX
Derive
Kraken Futures
SunX
Lighter
Deribit
Phoenix
Variational Omni
ApeX Omni
Injective