Spread before costs (cost unknown: a leg has no order-book sample)+0.033%
7d average—if it closes, per $10,000$3funding while held, a day−$0.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2439 | 0.0101 | pay 0.0101% / 8h | 5h 19m | $20K | $250 | 20x |
| Short | HTX ADA-USDT | 0.2440 | 0.0100 | get 0.0100% / 8h | 5h 19m | $1.3M | $4.6M | 75x |
Paradex ADA-USD-PERP
HTX ADA-USDTPrice 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
- $3.26
- Funding while held
- −$0.04
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$12.78
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.04
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 1 min ago | 1.66 bp | 11.8 bp −$12 | 19.0 bp −$190 | 85.1 bp −$8,508 | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestCoinbase International0.2427+0.124%Variational Omni0.2428+0.148%ApeX Omni0.2431+0.289%BloFin0.2433+0.371%edgeX0.2433+0.378%Phoenix0.2435+0.462%Bybit0.2436+0.495%Gate0.2436+0.495%Polymarket Perps0.2437+0.532%Reya0.2437+0.536%OKX0.2437+0.536%MEXC0.2437+0.536%Bitget0.2437+0.536%Binance0.2437+0.550%Extended0.2438+0.573%BingX0.2438+0.578%Kalshi0.2438+0.578%Aster0.2439+0.600%KuCoin0.2439+0.602%Pacifica0.2439+0.618%
Injective
Coinbase International
Variational Omni
ApeX Omni
BloFin
Phoenix
Bybit
Gate
Polymarket Perps
Reya
OKX
MEXC
Bitget
Binance
Extended
BingX
Aster
KuCoin
PacificaParadex0.2439+0.620%
dYdX0.2439+0.627%GMX0.2439+0.631%gTrade (Gains Network)0.2439+0.636%Lighter0.2440+0.644%
dYdX
GMX
gTrade (Gains Network)
LighterHTX0.2440+0.653%
Kraken Futures0.2440+0.653%Hyperliquid0.2440+0.656%SunX0.2440+0.658%Orderly0.2440+0.660%Phemex0.2440+0.660%SoDEX0.2440+0.681%Derive0.2441+0.692%Backpack0.2441+0.693%Deribit0.2441+0.693%
Kraken Futures
Hyperliquid
SunX
Orderly
Phemex
SoDEX
Derive
Backpack
DeribitADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.616% | +0.0033% | 1h | $832 | $66K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.493% | +0.0072% | 1h | $468K | $6.8M | 50x | as long as short |
| Variational Omni ADA | −0.469% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDT | −0.329% | +0.0100% | 1h | $229K | $457K | 50x | as long as short |
| BloFin ADA-USDT | −0.247% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
| edgeX ADAUSDC | −0.241% | +0.0100% | 4h | $64K | $279K | 20x | as long as short |
| Phoenix ADA | −0.157% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
| Bybit ADAUSDT | −0.124% | +0.0100% | 8h | $70.3M | $99.5M | 75x | as long as short |
| Gate ADA_USDT | −0.124% | +0.0100% | 8h | $95.9M | $56.1M | 75x | as long as short |
| Polymarket Perps ADA-USD | −0.087% | +0.0100% | 1h | $91K | $728K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ADARUSDPERP | −0.083% | +0.0290% | 1h | $1K | — | 15x | as long as short |
| OKX ADA-USDT-SWAP | −0.083% | +0.0100% | 8h | $32.2M | $103.2M | 50x | as long as short |
| MEXC ADA_USDT | −0.083% | +0.0100% | 8h | $51.7M | $58.2M | 300x | as long as short |
| Bitget ADAUSDT | −0.083% | +0.0100% | 8h | $64.5M | $41.7M | 75x | as long as short |
| Binance ADAUSDT | −0.070% | +0.0100% | 8h | $101.2M | $343.0M | 75x | as long as short |
| Extended ADA-USD | −0.047% | +0.0104% | 1h | $592K | $1.7M | 50x | as long as short |
| BingX ADA-USDC | −0.042% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Kalshi KXADAPERP | −0.042% | 0.0000% | 8h | $122K | $5.8M | 3.2x | as long as short |
| Aster ADAUSDT | −0.020% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| KuCoin ADAUSDTM | −0.017% | +0.0100% | 8h | $30.2M | $17.6M | 75x | as long as short |
| Pacifica ADA | −0.002% | +0.0100% | 1h | $157K | $148K | 10x | as long as short |
| Paradex ADA-USD-PERPlong | 0.000% | +0.0101% | 8h | $20K | $250 | 20x | |
| dYdX ADA-USD | +0.007% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.011% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.016% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Lighter ADA | +0.024% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| HTX ADA-USDTshort | +0.033% | +0.0100% | 8h | $1.3M | $4.6M | 75x | |
| Kraken Futures PF_ADAUSD | +0.033% | +0.0261% | 1h | $6.1M | $10.7M | 50x | as long as short |
| Hyperliquid ADA | +0.036% | +0.0100% | 1h | $42.6M | $13.7M | 10x | as long as short |
| SunX ADA-USDT | +0.038% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| Orderly PERP_ADA_USDC | +0.040% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.040% | +0.0100% | 8h | $47.5M | $5.1M | 50x | as long as short |
| SoDEX ADA-USD | +0.060% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Derive ADA-PERP | +0.071% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Backpack ADA_USDC_PERP | +0.073% | +0.0100% | 1h | $102K | $414K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.073% | +0.0529% | 1h | $477K | $376K | 50x | as long as short |