After costs, if the gap returns to its 7d average, $10k−$35
spread now0.000%7d average+0.003%fees + slippage, in and out−$34spread needed0.344%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ADA-USDT-SWAP | 0.2452 | 0.0100 | pay 0.0100% / 8h | 10m 09s | $32.1M | $108.7M | 50x |
| Short | Bybit ADAUSDT | 0.2452 | 0.0100 | get 0.0100% / 8h | 10m 09s | $71.4M | $112.0M | 75x |
OKX ADA-USDT-SWAP
Bybit ADAUSDTPrice 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
- $0
- Funding while held
- $0
- Slippage, 4 orders
- −$13.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.44
- Spread needed to break even
- 0.344%
Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 min ago.
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 OKX live order book, 5 min ago | 2.04 bp | 8.4 bp −$8 | 13.9 bp −$139 | 43.7 bp −$4,369 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.04 bp | 7.5 bp −$8 | 10.6 bp −$106 | 36.5 bp −$3,652 | 167.4 bp −$83.7K |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestApeX Omni0.2449+1.031%edgeX0.2451+1.101%Gate0.2451+1.114%Extended0.2451+1.127%gTrade (Gains Network)0.2452+1.152%
Injective
ApeX Omni
Gate
Extended
gTrade (Gains Network)Bybit0.2452+1.155%
OKX0.2452+1.155%
MEXC0.2452+1.155%Bitget0.2452+1.155%Phemex0.2452+1.155%GMX0.2452+1.167%Reya0.2452+1.168%KuCoin0.2453+1.180%Paradex0.2453+1.181%Derive0.2453+1.185%SunX0.2453+1.196%BingX0.2453+1.196%Orderly0.2453+1.196%SoDEX0.2453+1.196%Coinbase International0.2453+1.196%Aster0.2453+1.207%Binance0.2453+1.213%Backpack0.2453+1.213%Polymarket Perps0.2454+1.221%Deribit0.2454+1.221%dYdX0.2454+1.221%Pacifica0.2454+1.225%HTX0.2454+1.227%Kalshi0.2454+1.238%Kraken Futures0.2454+1.243%Variational Omni0.2454+1.254%Hyperliquid0.2455+1.267%Lighter0.2455+1.267%BloFin0.2456+1.320%Phoenix0.2457+1.345%
MEXC
Bitget
Phemex
GMX
Reya
KuCoin
Paradex
Derive
SunX
BingX
Orderly
SoDEX
Coinbase International
Aster
Binance
Backpack
Polymarket Perps
Deribit
dYdX
Pacifica
HTX
Kraken Futures
Variational Omni
Hyperliquid
Lighter
BloFin
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 | −1.142% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.122% | +0.0100% | 1h | $229K | $450K | 50x | as long as short |
| edgeX ADAUSDC | −0.054% | +0.0100% | 4h | $65K | $276K | 20x | as long as short |
| Gate ADA_USDT | −0.041% | +0.0066% | 8h | $95.4M | $59.9M | 75x | as long as short |
| Extended ADA-USD | −0.028% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.003% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Bybit ADAUSDTshort | 0.000% | +0.0100% | 8h | $71.4M | $112.0M | 75x | |
| OKX ADA-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $32.1M | $108.7M | 50x | |
| MEXC ADA_USDT | 0.000% | +0.0100% | 8h | $52.2M | $64.2M | 300x | as long as short |
| Bitget ADAUSDT | 0.000% | +0.0100% | 8h | $64.7M | $46.9M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ADAUSDT | 0.000% | +0.0100% | 8h | $47.9M | $5.8M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.011% | L +0.0535% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| Reya ADARUSDPERP | +0.013% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| KuCoin ADAUSDTM | +0.024% | +0.0100% | 8h | $30.3M | $21.1M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.026% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Derive ADA-PERP | +0.030% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.040% | +0.0100% | 8h | $9K | $807K | 30x | as long as short |
| BingX ADA-USDT | +0.041% | +0.0100% | 8h | — | $18.6M | — | as long as short |
| Orderly PERP_ADA_USDC | +0.041% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SoDEX ADA-USD | +0.041% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.041% | +0.0120% | 1h | $439K | $6.9M | 50x | as long as short |
| Aster ADAUSDT | +0.052% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Binance ADAUSDT | +0.057% | +0.0100% | 8h | $101.9M | $366.2M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.057% | +0.0100% | 1h | $103K | $430K | 15x | as long as short |
| Polymarket Perps ADA-USD | +0.065% | +0.0100% | 1h | $94K | $734K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.065% | +0.0199% | 1h | $470K | $423K | 50x | as long as short |
| dYdX ADA-USD | +0.065% | +0.0075% | 1h | $203K | $2K | 10x | as long as short |
| Pacifica ADA | +0.069% | +0.0100% | 1h | $161K | $181K | 10x | as long as short |
| HTX ADA-USDT | +0.071% | +0.0100% | 8h | $1.3M | $5.2M | 75x | as long as short |
| Kalshi KXADAPERP | +0.082% | 0.0000% | 8h | $99K | $5.8M | 3.2x | as long as short |
| Kraken Futures PF_ADAUSD | +0.087% | +0.0222% | 1h | $5.9M | $11.3M | 50x | as long as short |
| Variational Omni ADA | +0.097% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Hyperliquid ADA | +0.110% | +0.0100% | 1h | $42.2M | $16.4M | 10x | as long as short |
| Lighter ADA | +0.110% | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.163% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
| Phoenix ADA | +0.188% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |