Spread before costs (cost unknown: a leg has no order-book sample)−0.328%
7d average−0.002%if it closes, per $10,000$33funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ADA_USDT | 0.2440 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $53.6M | $58.6M | 300x |
| Short | Variational Omni ADA | 0.2432 | 0.0100 | get 0.0100% / 8h | 2h 36m | $4.2M | $950K | — |
MEXC ADA_USDT
Variational Omni ADAPrice 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
- −$32.78
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$32.78
- Spread needed to break even
- 0.000%
Slippage unknown: MEXC: live order book, 9 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 9 min ago | 2.04 bp | 2.0 bp −$2 | 4.5 bp −$45 | 15.9 bp −$1,594 | 48.0 bp −$24.0K |
| Sell Variational Omni RFQ quote, 4 min ago | 8.22 bp | doesn't fit | 12.3 bp −$123 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2282cheapest
InjectiveVariational Omni0.2432+6.573%
Bybit0.2439+6.880%Gate0.2439+6.880%Extended0.2439+6.892%edgeX0.2440+6.902%OKX0.2440+6.924%
Bybit
Gate
Extended
OKXMEXC0.2440+6.924%
Bitget0.2440+6.924%BingX0.2440+6.924%dYdX0.2440+6.932%Pacifica0.2441+6.963%Binance0.2441+6.964%Lighter0.2441+6.968%ApeX Omni0.2441+6.968%Paradex0.2441+6.971%KuCoin0.2442+6.994%Derive0.2442+7.013%Aster0.2443+7.039%Backpack0.2443+7.051%BloFin0.2443+7.055%Hyperliquid0.2444+7.077%Phemex0.2444+7.099%Kraken Futures0.2445+7.134%SoDEX0.2445+7.134%GMX0.2445+7.135%SunX0.2445+7.141%Orderly0.2445+7.143%gTrade (Gains Network)0.2445+7.156%Reya0.2445+7.160%Deribit0.2445+7.160%HTX0.2446+7.174%Polymarket Perps0.2446+7.204%Kalshi0.2447+7.230%Coinbase International0.2447+7.230%Phoenix0.2448+7.287%
Bitget
BingX
dYdX
Pacifica
Binance
Lighter
ApeX Omni
Paradex
KuCoin
Derive
Aster
Backpack
BloFin
Hyperliquid
Phemex
Kraken Futures
SoDEX
GMX
SunX
Orderly
gTrade (Gains Network)
Reya
Deribit
HTX
Polymarket Perps
Coinbase International
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −6.475% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Variational Omni ADAshort | −0.328% | +0.0100% | 8h | $4.2M | $950K | — | |
| Bybit ADAUSDT | −0.041% | +0.0100% | 8h | $71.1M | $103.1M | 75x | as long as short |
| Gate ADA_USDT | −0.041% | +0.0100% | 8h | $95.9M | $52.6M | 75x | as long as short |
| Extended ADA-USD | −0.030% | +0.0104% | 1h | $656K | $783K | 50x | as long as short |
| edgeX ADAUSDC | −0.020% | +0.0100% | 4h | $65K | $350K | 20x | as long as short |
| OKX ADA-USDT-SWAP | 0.000% | +0.0100% | 8h | $32.3M | $98.4M | 50x | as long as short |
| MEXC ADA_USDTlong | 0.000% | +0.0100% | 8h | $53.6M | $58.6M | 300x | |
| Bitget ADAUSDT | 0.000% | +0.0100% | 8h | $63.5M | $43.9M | 75x | as long as short |
| BingX ADA-USDT | 0.000% | +0.0100% | 8h | — | $17.3M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | +0.008% | +0.0038% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADA | +0.037% | +0.0100% | 1h | $151K | $135K | 10x | as long as short |
| Binance ADAUSDT | +0.038% | +0.0100% | 8h | $101.7M | $329.7M | 75x | as long as short |
| Lighter ADA | +0.041% | +0.0096% | 1h | $2.2M | $932K | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.041% | +0.0100% | 1h | $93K | $312K | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.044% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| KuCoin ADAUSDTM | +0.066% | +0.0100% | 8h | $28.7M | $19.6M | 75x | as long as short |
| Derive ADA-PERP | +0.083% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Aster ADAUSDT | +0.107% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.119% | +0.0100% | 1h | $104K | $419K | 15x | as long as short |
| BloFin ADA-USDT | +0.123% | +0.0220% | 8h | $4.6M | $6.0M | 75x | as long as short |
| Hyperliquid ADA | +0.143% | +0.0100% | 1h | $41.6M | $15.7M | 10x | as long as short |
| Phemex ADAUSDT | +0.164% | +0.0100% | 8h | $47.9M | $5.6M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.197% | +0.0019% | 1h | $6.1M | $10.9M | 50x | as long as short |
| SoDEX ADA-USD | +0.197% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.198% | L +0.0546% / S −0.0369% | 1h | $107K | — | 100x | as long as short |
| SunX ADA-USDT | +0.203% | +0.0100% | 8h | $9K | $733K | 30x | as long as short |
| Orderly PERP_ADA_USDC | +0.205% | +0.0100% | 8h | $6K | $38K | 20x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.217% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Reya ADARUSDPERP | +0.221% | +0.0298% | 1h | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.221% | 0.0000% | 1h | $458K | $350K | 50x | as long as short |
| HTX ADA-USDT | +0.234% | +0.0100% | 8h | $1.3M | $4.4M | 75x | as long as short |
| Polymarket Perps ADA-USD | +0.262% | +0.0100% | 1h | $92K | $709K | 10x | as long as short |
| Kalshi KXADAPERP | +0.287% | 0.0000% | 8h | $146K | $5.3M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.287% | +0.0136% | 1h | $498K | $5.9M | 50x | as long as short |
| Phoenix ADA | +0.340% | +0.0065% | 1h | $4K | $94K | 10x | as long as short |