Spread before costs (cost unknown: a leg has no order-book sample)+0.046%
7d average—if it closes, per $10,000$5funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ADA | 0.2440 | 0.0100 | pay 0.0013% / 1h | 32m 37s | $159K | $179K | 10x |
| Short | Derive ADA-PERP | 0.2441 | 0.0100 | get 0.0013% / 1h | 32m 37s | $40K | $3K | 5x |
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
- $4.6
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$9.4
- Spread needed to break even
- 0.140%
Slippage unknown: Pacifica: live order book, 12 min ago; Derive: no order-book sample. 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 Pacifica live order book, 12 min ago | 2.03 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | −0.660% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.127% | +0.0112% | 1h | $490K | $7.2M | 50x | as long as short |
| Bybit ADAUSDT | −0.045% | +0.0100% | 8h | $71.2M | $110.4M | 75x | as long as short |
| Gate ADA_USDT | −0.045% | +0.0100% | 8h | $94.9M | $56.6M | 75x | as long as short |
| Reya ADARUSDPERP | −0.044% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| Polymarket Perps ADA-USD | −0.033% | +0.0100% | 1h | $93K | $738K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.008% | L +0.0522% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| OKX ADA-USDT-SWAP | −0.004% | +0.0100% | 8h | $32.2M | $109.0M | 50x | as long as short |
| dYdX ADA-USD | −0.001% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADAlong | 0.000% | +0.0100% | 1h | $159K | $179K | 10x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ADA/USD | +0.003% | L +0.0005% / S −0.0003% | 1h | $86K | — | 150x | as long as short |
| Binance ADAUSDT | +0.034% | +0.0100% | 8h | $101.7M | $365.9M | 75x | as long as short |
| Aster ADAUSDT | +0.037% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.037% | +0.0100% | 8h | $64.3M | $46.6M | 75x | as long as short |
| BingX ADA-USDT | +0.037% | +0.0100% | 8h | — | $18.3M | — | as long as short |
| Kalshi KXADAPERP | +0.037% | 0.0000% | 8h | $87K | $5.8M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | +0.037% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.037% | +0.0100% | 8h | $47.6M | $6.0M | 50x | as long as short |
| Extended ADA-USD | +0.044% | +0.0104% | 1h | $605K | $1.7M | 50x | as long as short |
| Derive ADA-PERPshort | +0.046% | +0.0100% | 1h | $40K | $3K | 5x | |
| Lighter ADA | +0.049% | +0.0096% | 1h | $2.2M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.049% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| HTX ADA-USDT | +0.051% | +0.0100% | 8h | $1.3M | $5.1M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.066% | +0.0100% | 1h | $103K | $428K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.066% | +0.0283% | 1h | $468K | $409K | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.069% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| KuCoin ADAUSDTM | +0.070% | +0.0100% | 8h | $30.0M | $20.7M | 75x | as long as short |
| SoDEX ADA-USD | +0.070% | +0.0100% | 1h | $716 | $13K | 10x | as long as short |
| SunX ADA-USDT | +0.075% | +0.0100% | 8h | $10K | $802K | 30x | as long as short |
| MEXC ADA_USDT | +0.078% | +0.0100% | 8h | $51.5M | $63.3M | 300x | as long as short |
| Kraken Futures PF_ADAUSD | +0.081% | +0.0140% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Hyperliquid ADA | +0.102% | +0.0127% | 1h | $42.7M | $16.9M | 10x | as long as short |
| BloFin ADA-USDT | +0.119% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
| edgeX ADAUSDC | +0.130% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| Variational Omni ADA | +0.217% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDT | +0.324% | +0.0066% | 1h | $229K | $451K | 50x | as long as short |
Pacifica ADA
Derive ADA-PERP
Injective
Coinbase International
Bybit
Gate
Polymarket Perps
GMX
OKX
gTrade (Gains Network)
Binance
Aster
Bitget
BingX
Phemex
Extended
Lighter
Phoenix
HTX
Backpack
Deribit
Paradex
KuCoin
SoDEX
SunX
MEXC
Kraken Futures
Hyperliquid
BloFin
Variational Omni
ApeX Omni