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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Paradex−0.040%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 pays, the price is against you. BloFin is 0.040% cheaper against Paradex than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.24590.0100pay 0.0100% / 8h1h 06m$21K$25020x
ShortBloFin ADA-USDT0.24580.0220get 0.0220% / 8h1h 06m$4.4M$5.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.16
Price spread: −0.040% → 0.000%
−$3.98
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.17
Costs to cover
0.160%
Break-even
5.6 days
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 7 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 BloFin live order book, 7 min ago2.04 bp8.0 bp −$88.0 bp −$8017.6 bp −$1,76538.5 bp −$19.2K
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 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%1h0.2457−0.101%$202K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2457−0.081%$171K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2455−0.166%$84K150xas long as short
Coinbase International ADA-PERP-INTX+0.0064%1h0.2453−0.243%$411K$7.3M50xas long as short
Kraken Futures PF_ADAUSD+0.0095%1h0.2457−0.077%$6.2M$11.6M50xas long as short
Lighter ADA+0.0096%1h0.2460+0.042%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2460+0.042%$42.6M$14.2M10xas long as short
Aster ADAUSDT+0.0100%8h0.2458−0.040%$1.2M$924K75xas long as short
Pacifica ADA+0.0100%1h0.2458−0.041%$157K$146K10xas long as short
Binance ADAUSDT+0.0100%8h0.2460+0.041%$102.2M$360.5M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2459+0.001%$71.6M$102.1M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2459+0.001%$31.9M$105.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2457−0.081%$97.1M$59.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2458−0.040%$52.2M$51.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2458−0.048%$30.2M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2459+0.001%$66.0M$43.3M75xas long as short
BingX ADA-USDT+0.0100%8h0.2458−0.040%$18.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2459−0.019%$102K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2453−0.236%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2455−0.165%$65K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2456−0.125%$295K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455−0.162%$55K$581K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2459+0.017%$96K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456−0.121%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2456−0.112%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2457−0.081%$9K$760K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2457−0.101%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2453−0.235%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2456−0.121%$47.9M$5.8M50xas long as short
Paradex ADA-USD-PERPlong+0.0100%8h0.2459long leg$21K$25020x
Extended ADA-USD+0.0104%1h0.2458−0.060%$554K$1.8M50xas long as short
Phoenix ADA+0.0131%1h0.2455−0.146%$4K$74K10xas long as short
BloFin ADA-USDTshort+0.0220%8h0.2458−0.040%$4.4M$5.4M75x
Reya ADARUSDPERP+0.0285%1h0.2459−0.016%$1K15xas long as short
Injective ADA/USDC PERP+0.0288%1h0.2471+0.489%$849$202K12xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2455−0.149%$122K100xas long as short
Deribit ADA_USDC-PERPETUAL+2.4751%1h0.2517+2.372%$491K$350K50xas long as short