Settings8H · net · $10k
Funding arb · Price arb /

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against OKX+0.081%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.081%, 7d avg +0.002%
Together, before fees+0.060%+ Points / potential airdropPacifica: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.079% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ADA-USDT-SWAP0.25020.0100pay 0.0100% / 8h7h 03m$33.3M$116.4M50x
ShortPacifica ADA0.25040.0100get 0.0013% / 1h3m 19s$160K$180K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.081% → +0.002%
$7.9
Slippage, 4 orders
−$15.79
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$25.9
Costs to cover
0.338%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Pacifica: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago2.00 bp7.0 bp −$712.3 bp −$12339.3 bp −$3,933doesn't fit
Sell Pacifica live order book, 29 min ago2.66 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit

ADA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXADAPERP0.0000%8h0.2503+0.040%$217K$7.7M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2502+0.016%$86K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.239%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2504+0.076%$2.4M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2505+0.120%$1.2M$1.2M75xas long as short
Pacifica ADAshort+0.0100%1h0.2504+0.081%$160K$180K10x
Binance ADAUSDT+0.0100%8h0.2504+0.080%$106.5M$397.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.25020.000%$75.3M$125.6M75xas long as short
OKX ADA-USDT-SWAPlong+0.0100%8h0.2502long leg$33.3M$116.4M50x
Gate ADA_USDT+0.0100%8h0.25020.000%$103.0M$63.7M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ADA_USDT+0.0100%8h0.2504+0.080%$58.7M$69.8M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2503+0.032%$30.1M$15.7M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2504+0.080%$68.3M$52.8M75xas long as short
BingX ADA-USDT+0.0100%8h0.2503+0.040%$19.8Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2502+0.016%$146K$467K15xas long as short
Variational Omni ADA+0.0100%8h0.2496−0.236%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2497−0.210%$66K$289K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2497−0.184%$295K$3.7M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2496−0.240%$75K$897K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2504+0.072%$119K$1.3M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2503+0.040%$6K$5K20xas long as short
SunX ADA-USDT+0.0100%8h0.2504+0.087%$8K$720K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2504+0.060%$344$6K10xas long as short
HTX ADA-USDT+0.0100%8h0.2503+0.048%$1.3M$7.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2504+0.080%$48.3M$7.7M50xas long as short
Paradex ADA-USD-PERP+0.0103%8h0.2505+0.120%$21K20xas long as short
Extended ADA-USD+0.0104%1h0.2502−0.006%$548K$1.8M50xas long as short
Hyperliquid ADA+0.0123%1h0.2505+0.132%$44.2M$18.5M10xas long as short
Coinbase International ADA-PERP-INTX+0.0152%1h0.25020.000%$376K$8.5M50xas long as short
Phoenix ADA+0.0163%1h0.2497−0.192%$3K$113K10xas long as short
Kraken Futures PF_ADAUSD+0.0195%1h0.2504+0.077%$6.4M$13.9M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2501−0.040%$4.6M$5.7M75xas long as short
Reya ADARUSDPERP+0.0271%1h0.2503+0.040%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0371% / S −0.0295%1h0.2502+0.002%$89K100xas long as short
dYdX ADA-USD+0.0484%1h0.2502−0.011%$209K$5K10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0629%1h0.2505+0.112%$640K$731K50xas long as short