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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Paradex−0.123%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.123% cheaper against Paradex than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24580.0107pay 0.0107% / 8h5h 59m$21K$25020x
ShortBinance ADAUSDT0.24550.0100get 0.0100% / 8h5h 59m$103.1M$367.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
−$1.51
Price spread: −0.123% → 0.000%
−$12.33
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$27.84
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Binance live order book, 15 min ago2.04 bp7.0 bp −$79.8 bp −$9826.9 bp −$2,68981.8 bp −$40.9K
Paradex: 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 on 36 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%1h0.2456−0.060%$202K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2453−0.175%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.539%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2452−0.234%$407K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2456−0.066%$42.8M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2455−0.122%$1.2M$983K75xas long as short
Pacifica ADA+0.0100%1h0.2457−0.042%$158K$158K10xas long as short
Binance ADAUSDTshort+0.0100%8h0.2455−0.123%$103.1M$367.3M75x
Bybit ADAUSDT+0.0100%8h0.2455−0.112%$72.4M$107.5M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2456−0.071%$32.7M$105.9M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2454−0.152%$98.5M$58.0M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2455−0.112%$63.8M$53.0M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2455−0.103%$29.9M$17.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2455−0.112%$65.8M$47.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2456−0.071%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2455−0.124%$131K$413K15xas long as short
Variational Omni ADA+0.0100%8h0.2456−0.068%$4.2M$991Kas long as short
edgeX ADAUSDC+0.0100%4h0.2456−0.060%$65K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2461+0.150%$288K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.112%$56K$590K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2454−0.136%$94K$671K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2454−0.152%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2455−0.127%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2458+0.008%$9K$749K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2454−0.148%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2455−0.121%$1.3M$5.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2455−0.112%$47.8M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2453−0.176%$534K$1.8M50xas long as short
Kalshi KXADAPERP+0.0106%8h0.2456−0.071%$139K$6.2M3.2xas long as short
Paradex ADA-USD-PERPlong+0.0107%8h0.2458long leg$21K$25020x
Lighter ADA+0.0144%1h0.2457−0.034%$2.4M$1.0M10xas long as short
Phoenix ADA+0.0163%1h0.2457−0.030%$4K$81K10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0198%1h0.2454−0.144%$502K$470K50xas long as short
Kraken Futures PF_ADAUSD+0.0262%1h0.2454−0.152%$6.2M$12.1M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2453−0.173%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0416% / S −0.0202%1h0.2453−0.198%$95K100xas long as short