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

ADA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment $0.15 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Paradex−0.083%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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.083% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ADA-USD-PERP0.25090.0115pay 0.0115% / 8h3h 49m$21K$25020x
ShortGate ADA_USDT0.25070.0100get 0.0100% / 8h3h 49m$101.9M$59.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$3.17
Price spread: −0.083% → 0.000%
−$8.31
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$30.49
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago2.00 bp13.3 bp −$1319.0 bp −$190102.4 bp −$10.2Kdoesn't fit
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%1h0.2512+0.133%$207K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2513+0.156%$186K$6.7M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2506−0.110%$86K150xas long as short
Kraken Futures PF_ADAUSD+0.0025%1h0.2507−0.069%$6.4M$12.8M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.518%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2508−0.043%$430K$8.1M50xas long as short
Aster ADAUSDT+0.0100%8h0.2507−0.069%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2513+0.172%$163K$160K10xas long as short
Binance ADAUSDT+0.0100%8h0.2508−0.043%$105.7M$378.6M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2506−0.123%$73.9M$110.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2507−0.083%$33.5M$109.7M50xas long as short
Gate ADA_USDTshort+0.0100%8h0.2507−0.083%$101.9M$59.9M75x
MEXC ADA_USDT+0.0100%8h0.2507−0.083%$60.4M$60.4M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2508−0.059%$30.2M$15.2M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2507−0.083%$68.0M$50.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2508−0.043%$6.6Mas long as short
Variational Omni ADA+0.0100%8h0.2514+0.198%$4.4M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2507−0.084%$67K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2506−0.134%$296K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2508−0.043%$231K$749K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2508−0.047%$96K$697K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2507−0.083%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2508−0.061%$41K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2510+0.033%$8K$733K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2507−0.063%$345$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2507−0.078%$1.4M$6.5M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2507−0.083%$48.9M$6.6M50xas long as short
Extended ADA-USD+0.0104%1h0.2507−0.091%$546K$1.8M50xas long as short
Paradex ADA-USD-PERPlong+0.0115%8h0.2509long leg$21K$25020x
Lighter ADA+0.0128%1h0.2511+0.064%$2.5M$1.1M10xas long as short
Phoenix ADA+0.0161%1h0.2520+0.451%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2518+0.355%$4.6M$5.9M75xas long as short
Reya ADARUSDPERP+0.0278%1h0.2507−0.083%$1K15xas long as short
Backpack ADA_USDC_PERP+0.0367%1h0.2509−0.023%$140K$455K15xas long as short
Hyperliquid ADA+0.0542%1h0.2510+0.036%$44.9M$16.0M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0601% / S −0.0547%1h0.2507−0.097%$135K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.1586%1h0.2510+0.056%$623K$510K50xas long as short