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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.057%
Price spread now: Reya against OKX+0.023%47s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Reya is 0.023% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ADA-USDT-SWAP0.24540.0100pay 0.0100% / 8h12m 45s$32.6M$118.8M50x
ShortReya ADARUSDPERP0.24550.0273get 0.0034% / 1h12m 45s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$36.26
Price spread: +0.023% → 0.000%
$2.34
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$22.61
Costs to cover
0.160%
Break-even
2.6 days
Slippage unknown: OKX: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.

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, 1 min ago2.04 bp9.0 bp −$914.1 bp −$14143.5 bp −$4,352doesn't fit
Sell Reya no order-book sample
Reya: 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 on 37 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
dYdX ADA-USD0.0000%1h0.2455+0.021%$202K$2K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2454−0.004%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.693%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2456+0.098%$2.4M$1.0M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.24540.000%$6K$5K20xas long as short
Aster ADAUSDT+0.0100%8h0.2455+0.041%$1.2M$1.2M75xas long as short
Pacifica ADA+0.0100%1h0.2455+0.024%$157K$180K10xas long as short
Binance ADAUSDT+0.0100%8h0.2455+0.041%$103.7M$407.5M75xas long as short
Bybit ADAUSDT+0.0100%8h0.24540.000%$73.1M$126.4M75xas long as short
OKX ADA-USDT-SWAPlong+0.0100%8h0.2454long leg$32.6M$118.8M50x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2453−0.041%$100.2M$65.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.24540.000%$52.5M$66.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2454+0.012%$29.7M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.24540.000%$66.6M$54.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.24540.000%$20.2Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2455+0.061%$141K$485K15xas long as short
Variational Omni ADA+0.0100%8h0.2448−0.240%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2449−0.208%$66K$289K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2449−0.201%$290K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2449−0.204%$76K$895K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2455+0.024%$124K$1.3M10xas long as short
Derive ADA-PERP+0.0100%1h0.2455+0.043%$40K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2453−0.043%$8K$755K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2455+0.061%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2455+0.042%$1.3M$7.1M75xas long as short
Phemex ADAUSDT+0.0100%8h0.24540.000%$47.5M$7.6M50xas long as short
Kalshi KXADAPERP+0.0104%8h0.24540.000%$232K$7.7M3.2xas long as short
Extended ADA-USD+0.0104%1h0.2454−0.004%$503K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0104%8h0.2455+0.039%$21K$25020xas long as short
Hyperliquid ADA+0.0128%1h0.2457+0.134%$43.4M$18.2M10xas long as short
Coinbase International ADA-PERP-INTX+0.0144%1h0.2447−0.285%$377K$8.4M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2455+0.041%$4.5M$5.9M75xas long as short
Phoenix ADA+0.0228%1h0.2451−0.130%$2K$112K10xas long as short
Reya ADARUSDPERPshort+0.0273%1h0.2455+0.023%$1K15x
Kraken Futures PF_ADAUSD+0.0279%1h0.2455+0.028%$6.3M$14.0M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0369% / S −0.0295%1h0.2448−0.245%$87K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0606%1h0.2456+0.098%$626K$614K50xas long as short