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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Pacifica−0.236%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$410.413% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 4 days (all we have)+0.474%+$47 · spread now −0.236%, 7d avg +0.033%
Together, before fees+0.651%+ Points / potential airdropPacifica: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.269% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of +0.033%). If the spread goes back, that is −$27 on $10k: about 7.5 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ADA0.25020.0100pay 0.0013% / 1h54m 02s$162K$160K10x
ShortBloFin ADA-USDT0.24960.0220get 0.0220% / 8h3h 54m$4.6M$5.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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
$25.2
Price spread: −0.236% → +0.033%
−$26.89
Slippage, 4 orders
−$21.35
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$43.04
Costs to cover
0.413%
Break-even
19.0 days
Slippage from Pacifica: live order book, 64 min ago; BloFin: live order book, 5 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 Pacifica live order book, 64 min ago2.44 bp8.7 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago6.05 bp12.0 bp −$1213.0 bp −$13026.7 bp −$2,66658.8 bp −$29.4K

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%1h0.2501−0.054%$206K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2500−0.076%$294K$6.5M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2494−0.301%$88K150xas long as short
Kraken Futures PF_ADAUSD+0.0026%1h0.2494−0.307%$6.4M$12.6M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.235%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2494−0.316%$416K$8.0M50xas long as short
Aster ADAUSDT+0.0100%8h0.2498−0.151%$1.2M$999K75xas long as short
Pacifica ADAlong+0.0100%1h0.2502long leg$162K$160K10x
Binance ADAUSDT+0.0100%8h0.2504+0.068%$105.5M$376.2M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2500−0.076%$73.2M$109.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2502+0.004%$33.5M$108.0M50xas long as short
Gate ADA_USDT+0.0100%8h0.2501−0.036%$100.1M$59.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2495−0.276%$62.1M$60.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2495−0.284%$30.1M$15.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2501−0.036%$67.6M$50.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2501−0.036%$6.6Mas long as short
Variational Omni ADA+0.0100%8h0.2489−0.513%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2486−0.617%$66K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2488−0.556%$292K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2489−0.516%$229K$748K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2499−0.124%$97K$693K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2494−0.316%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2496−0.241%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2496−0.238%$8K$732K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2495−0.296%$343$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2499−0.135%$1.4M$6.4M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2495−0.276%$48.7M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2494−0.323%$541K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0115%8h0.2504+0.079%$21K$25020xas long as short
Lighter ADA+0.0160%1h0.2496−0.244%$2.5M$1.0M10xas long as short
Phoenix ADA+0.0195%1h0.2478−0.951%$4K$95K10xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2496−0.236%$4.6M$5.8M75x
Backpack ADA_USDC_PERP+0.0268%1h0.2500−0.072%$132K$446K15xas long as short
Reya ADARUSDPERP+0.0278%1h0.2495−0.276%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0512%1h0.2496−0.244%$613K$496K50xas long as short
Hyperliquid ADA+0.0576%1h0.2505+0.110%$44.2M$15.2M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0599% / S −0.0547%1h0.2494−0.301%$135K100xas long as short