Spread before costs (cost unknown: a leg has no order-book sample)−0.041%
7d average—if it closes, per $10,000$4funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ADA_USDC | 0.2436 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $6K | $36K | 20x |
| Short | ApeX Omni ADAUSDT | 0.2435 | 0.0100 | get 0.0013% / 1h | 19m 32s | $228K | $453K | 50x |
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
- −$4.11
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$20.11
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 19 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 Orderly no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 19 min ago | 4.11 bp | 12.5 bp −$12 | 37.6 bp −$376 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.493% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |
| Gate ADA_USDT | −0.164% | +0.0100% | 8h | $94.6M | $55.0M | 75x | as long as short |
| Bybit ADAUSDT | −0.123% | +0.0100% | 8h | $71.1M | $98.4M | 75x | as long as short |
| MEXC ADA_USDT | −0.123% | +0.0100% | 8h | $52.9M | $60.3M | 300x | as long as short |
| Bitget ADAUSDT | −0.123% | +0.0100% | 8h | $64.3M | $41.7M | 75x | as long as short |
| Extended ADA-USD | −0.100% | +0.0104% | 1h | $609K | $1.7M | 50x | as long as short |
| Pacifica ADA | −0.094% | +0.0100% | 1h | $157K | $153K | 10x | as long as short |
| dYdX ADA-USD | −0.086% | +0.0059% | 1h | $201K | $2K | 10x | as long as short |
| OKX ADA-USDT-SWAP | −0.082% | +0.0100% | 8h | $32.2M | $101.9M | 50x | as long as short |
| BingX ADA-USDT | −0.082% | +0.0100% | 8h | — | $18.9M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ADA | −0.062% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Binance ADAUSDT | −0.058% | +0.0100% | 8h | $101.3M | $339.6M | 75x | as long as short |
| KuCoin ADAUSDTM | −0.049% | +0.0100% | 8h | $30.0M | $17.6M | 75x | as long as short |
| ApeX Omni ADAUSDTshort | −0.041% | +0.0100% | 1h | $228K | $453K | 50x | |
| Paradex ADA-USD-PERP | −0.036% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Hyperliquid ADA | −0.004% | +0.0100% | 1h | $43.0M | $13.6M | 10x | as long as short |
| Orderly PERP_ADA_USDClong | 0.000% | +0.0100% | 8h | $6K | $36K | 20x | |
| GMX ADA/USD [WBTC.b-USDC] | +0.004% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.013% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Aster ADAUSDT | +0.015% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Derive ADA-PERP | +0.027% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Variational Omni ADA | +0.029% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| SoDEX ADA-USD | +0.033% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.039% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
| SunX ADA-USDT | +0.040% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.041% | +0.0080% | 1h | $480K | $6.8M | 50x | as long as short |
| Phemex ADAUSDT | +0.041% | +0.0100% | 8h | $47.6M | $5.5M | 50x | as long as short |
| Reya ADARUSDPERP | +0.045% | +0.0292% | 1h | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.057% | +0.0448% | 1h | $476K | $383K | 50x | as long as short |
| Phoenix ADA | +0.062% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.078% | +0.0100% | 1h | $101K | $408K | 15x | as long as short |
| Polymarket Perps ADA-USD | +0.078% | +0.0100% | 1h | $92K | $726K | 10x | as long as short |
| Kalshi KXADAPERP | +0.082% | 0.0000% | 8h | $145K | $5.8M | 3.2x | as long as short |
| Kraken Futures PF_ADAUSD | +0.088% | +0.0353% | 1h | $6.1M | $10.6M | 50x | as long as short |
| edgeX ADAUSDC | +0.123% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| BloFin ADA-USDT | +0.205% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
ApeX Omni ADAUSDT
Injective
Gate
Bybit
MEXC
Bitget
Extended
Pacifica
OKX
BingX
Lighter
Binance
KuCoin
Paradex
Hyperliquid
GMX
gTrade (Gains Network)
Aster
Derive
Variational Omni
SoDEX
HTX
SunX
Coinbase International
Phemex
Deribit
Phoenix
Backpack
Polymarket Perps
Kraken Futures
BloFin