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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Pacifica−0.017%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.017%, 7d avg −0.009%
Together, before fees−0.102%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ADA0.24900.0100pay 0.0013% / 1h27m 33s$160K$169K10x
ShortKuCoin ADAUSDTM0.24900.0100get 0.0100% / 8h3h 27m$29.9M$15.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.017% → −0.009%
−$0.8
Slippage, 4 orders
−$27.82
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$48.63
Costs to cover
0.478%
Break-even
never at this rate
Slippage from Pacifica: live order book, 25 min ago; KuCoin: live order book, 6 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, 25 min ago4.36 bp10.3 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.60 bp12.9 bp −$1323.8 bp −$23865.0 bp −$6,504doesn't fit

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%1h0.2490−0.023%$205K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2501+0.437%$152K$6.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2493+0.128%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0026%1h0.2493+0.110%$6.4M$13.0M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.768%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2494+0.156%$386K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2492+0.071%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.24900.000%$1.2M$1.0M75xas long as short
Pacifica ADAlong+0.0100%1h0.2490long leg$160K$169K10x
Binance ADAUSDT+0.0100%8h0.2490+0.004%$106.2M$383.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2489−0.045%$75.2M$113.7M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2491+0.035%$33.4M$110.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2488−0.085%$101.9M$61.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2489−0.045%$60.1M$62.1M300xas long as short
KuCoin ADAUSDTMshort+0.0100%8h0.2490−0.017%$29.9M$15.3M75x
Bitget ADAUSDT+0.0100%8h0.2489−0.045%$67.7M$51.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2489−0.045%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2504+0.560%$4.4M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2504+0.574%$67K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2503+0.526%$293K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2505+0.598%$231K$753K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2496+0.220%$95K$618K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2493+0.116%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2493+0.127%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2495+0.194%$9K$737K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2493+0.136%$343$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2493+0.105%$1.4M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2494+0.156%$48.6M$6.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2490+0.003%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2489−0.034%$543K$1.8M50xas long as short
Phoenix ADA+0.0161%1h0.2510+0.778%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2502+0.477%$4.7M$5.9M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2494+0.174%$1K15xas long as short
Backpack ADA_USDC_PERP+0.0290%1h0.2492+0.063%$138K$461K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0312%1h0.2494+0.152%$613K$533K50xas long as short
Hyperliquid ADA+0.0454%1h0.2492+0.078%$44.6M$16.0M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0615% / S −0.0569%1h0.2493+0.105%$138K100xas long as short