Spread before costs (cost unknown: a leg has no order-book sample)+0.122%
7d average—if it closes, per $10,000$12funding while held, a day+$3.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ADA_USDC | 0.2451 | 0.0100 | pay 0.0100% / 8h | 48m 01s | $6K | $36K | 20x |
| Short | BloFin ADA-USDT | 0.2454 | 0.0220 | get 0.0220% / 8h | 48m 01s | $4.5M | $6.2M | 75x |
Orderly PERP_ADA_USDC
BloFin ADA-USDTPrice 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
- $12.24
- Funding while held
- $3.6
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.16
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0120%
- Per $10,000 a day
- +$3.60
- 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 BloFin live order book, 2 min ago | 6.10 bp | 12.1 bp −$12 | 12.1 bp −$121 | 21.1 bp −$2,109 | 55.2 bp −$27.6K |
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.Injective0.2424cheapestBybit0.2446+0.908%OKX0.2447+0.949%Variational Omni0.2447+0.957%Bitget0.2448+0.990%Binance0.2450+1.069%Gate0.2450+1.073%MEXC0.2450+1.073%Extended0.2450+1.074%Reya0.2450+1.078%SoDEX0.2451+1.101%Polymarket Perps0.2451+1.110%GMX0.2451+1.112%BingX0.2451+1.114%
Injective
Bybit
OKX
Variational Omni
Bitget
Binance
Gate
MEXC
Extended
Reya
SoDEX
Polymarket Perps
GMX
BingXOrderly0.2451+1.114%
Phemex0.2451+1.114%KuCoin0.2451+1.122%Backpack0.2451+1.126%Pacifica0.2452+1.134%gTrade (Gains Network)0.2452+1.136%dYdX0.2452+1.137%Kraken Futures0.2452+1.137%Hyperliquid0.2452+1.139%Deribit0.2452+1.139%Paradex0.2452+1.141%Aster0.2452+1.146%Kalshi0.2452+1.155%SunX0.2452+1.155%Lighter0.2452+1.172%HTX0.2453+1.190%
Phemex
KuCoin
Backpack
Pacifica
gTrade (Gains Network)
dYdX
Kraken Futures
Hyperliquid
Deribit
Paradex
Aster
SunX
Lighter
HTXBloFin0.2454+1.238%
edgeX0.2454+1.251%ApeX Omni0.2455+1.279%Derive0.2460+1.466%Coinbase International0.2461+1.526%Phoenix0.2461+1.543%
ApeX Omni
Derive
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 | −1.102% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| Bybit ADAUSDT | −0.204% | +0.0100% | 8h | $71.2M | $110.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.163% | +0.0100% | 8h | $32.5M | $106.8M | 50x | as long as short |
| Variational Omni ADA | −0.155% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Bitget ADAUSDT | −0.122% | +0.0100% | 8h | $64.5M | $47.0M | 75x | as long as short |
| Binance ADAUSDT | −0.044% | +0.0100% | 8h | $102.9M | $360.6M | 75x | as long as short |
| Gate ADA_USDT | −0.041% | +0.0084% | 8h | $95.1M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | −0.041% | +0.0100% | 8h | $52.5M | $62.0M | 300x | as long as short |
| Extended ADA-USD | −0.040% | +0.0104% | 1h | $619K | $1.6M | 50x | as long as short |
| Reya ADARUSDPERP | −0.036% | +0.0295% | 1h | $1K | — | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | −0.012% | +0.0100% | 1h | $337 | $13K | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.004% | +0.0100% | 1h | $93K | $725K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.002% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| BingX ADA-USDC | 0.000% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Orderly PERP_ADA_USDClong | 0.000% | +0.0100% | 8h | $6K | $36K | 20x | |
| Phemex ADAUSDT | 0.000% | +0.0100% | 8h | $48.0M | $5.8M | 50x | as long as short |
| KuCoin ADAUSDTM | +0.008% | +0.0100% | 8h | $30.4M | $21.0M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.012% | +0.0100% | 1h | $103K | $421K | 15x | as long as short |
| Pacifica ADA | +0.020% | +0.0100% | 1h | $164K | $180K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.022% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| dYdX ADA-USD | +0.023% | 0.0000% | 1h | $203K | $2K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.023% | +0.0222% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Hyperliquid ADA | +0.024% | +0.0100% | 1h | $42.0M | $15.8M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.024% | +0.0076% | 1h | $471K | $405K | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.026% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Aster ADAUSDT | +0.031% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Kalshi KXADAPERP | +0.041% | 0.0000% | 8h | $109K | $5.7M | 3.2x | as long as short |
| SunX ADA-USDT | +0.041% | +0.0100% | 8h | $9K | $795K | 30x | as long as short |
| Lighter ADA | +0.057% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| HTX ADA-USDT | +0.075% | +0.0100% | 8h | $1.3M | $5.0M | 75x | as long as short |
| BloFin ADA-USDTshort | +0.122% | +0.0220% | 8h | $4.5M | $6.2M | 75x | |
| edgeX ADAUSDC | +0.136% | +0.0100% | 4h | $65K | $276K | 20x | as long as short |
| ApeX Omni ADAUSDT | +0.163% | +0.0100% | 1h | $229K | $444K | 50x | as long as short |
| Derive ADA-PERP | +0.348% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.408% | +0.0120% | 1h | $435K | $6.9M | 50x | as long as short |
| Phoenix ADA | +0.424% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |