Spread before costs (cost unknown: a leg has no order-book sample)−0.210%
7d average—if it closes, per $10,000$21funding while held, a day−$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2451 | 0.0100 | pay 0.0100% / 8h | 54m 06s | $21K | $250 | 20x |
| Short | Variational Omni ADA | 0.2446 | 0.0100 | get 0.0100% / 8h | 54m 06s | $4.2M | $1.0M | — |
Paradex ADA-USD-PERP
Variational Omni ADAPrice 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
- −$20.99
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.99
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.00
- 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 Variational Omni RFQ quote, 2 min ago | 8.15 bp | doesn't fit | 12.2 bp −$122 | doesn't fit | 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.Injective0.2424cheapestedgeX0.2441+0.684%ApeX Omni0.2442+0.743%HTX0.2445+0.860%gTrade (Gains Network)0.2445+0.861%SunX0.2446+0.906%Bybit0.2446+0.908%OKX0.2446+0.908%Gate0.2446+0.908%Orderly0.2446+0.908%Phemex0.2446+0.908%Extended0.2446+0.910%
Injective
ApeX Omni
HTX
gTrade (Gains Network)
SunX
Bybit
OKX
Gate
Orderly
Phemex
ExtendedVariational Omni0.2446+0.913%
KuCoin0.2446+0.924%SoDEX0.2447+0.928%Kraken Futures0.2447+0.931%Backpack0.2447+0.941%Deribit0.2447+0.945%Binance0.2447+0.947%MEXC0.2447+0.949%Bitget0.2447+0.949%BingX0.2447+0.949%Coinbase International0.2447+0.949%Derive0.2447+0.958%GMX0.2447+0.963%Reya0.2448+0.971%Polymarket Perps0.2448+0.982%Phoenix0.2448+0.990%Lighter0.2448+1.002%Hyperliquid0.2449+1.027%Aster0.2449+1.028%Kalshi0.2449+1.031%BloFin0.2450+1.073%
KuCoin
SoDEX
Kraken Futures
Backpack
Deribit
Binance
MEXC
Bitget
BingX
Coinbase International
Derive
GMX
Reya
Polymarket Perps
Phoenix
Lighter
Hyperliquid
Aster
BloFinParadex0.2451+1.125%
dYdX0.2452+1.140%Pacifica0.2452+1.151%
dYdX
PacificaADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −1.112% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| edgeX ADAUSDC | −0.436% | +0.0100% | 4h | $65K | $275K | 20x | as long as short |
| ApeX Omni ADAUSDT | −0.378% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| HTX ADA-USDT | −0.262% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.261% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| SunX ADA-USDT | −0.217% | +0.0100% | 8h | $9K | $789K | 30x | as long as short |
| Bybit ADAUSDT | −0.215% | +0.0100% | 8h | $70.9M | $110.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.215% | +0.0100% | 8h | $32.4M | $106.2M | 50x | as long as short |
| Gate ADA_USDT | −0.215% | +0.0079% | 8h | $94.4M | $57.0M | 75x | as long as short |
| Orderly PERP_ADA_USDC | −0.215% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ADAUSDT | −0.215% | +0.0100% | 8h | $47.9M | $5.8M | 50x | as long as short |
| Extended ADA-USD | −0.213% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Variational Omni ADAshort | −0.210% | +0.0100% | 8h | $4.2M | $1.0M | — | |
| KuCoin ADAUSDTM | −0.198% | +0.0100% | 8h | $30.3M | $21.0M | 75x | as long as short |
| SoDEX ADA-USD | −0.194% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.192% | +0.0222% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.182% | +0.0100% | 1h | $103K | $422K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.178% | 0.0000% | 1h | $470K | $406K | 50x | as long as short |
| Binance ADAUSDT | −0.176% | +0.0100% | 8h | $102.9M | $357.1M | 75x | as long as short |
| MEXC ADA_USDT | −0.174% | +0.0100% | 8h | $51.6M | $61.5M | 300x | as long as short |
| Bitget ADAUSDT | −0.174% | +0.0100% | 8h | $64.3M | $46.7M | 75x | as long as short |
| BingX ADA-USDT | −0.174% | +0.0100% | 8h | — | $18.3M | — | as long as short |
| Coinbase International ADA-PERP-INTX | −0.174% | +0.0120% | 1h | $433K | $6.9M | 50x | as long as short |
| Derive ADA-PERP | −0.165% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.160% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| Reya ADARUSDPERP | −0.152% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| Polymarket Perps ADA-USD | −0.141% | +0.0100% | 1h | $94K | $724K | 10x | as long as short |
| Phoenix ADA | −0.133% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Lighter ADA | −0.121% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | −0.097% | +0.0100% | 1h | $41.9M | $15.7M | 10x | as long as short |
| Aster ADAUSDT | −0.096% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Kalshi KXADAPERP | −0.092% | 0.0000% | 8h | $132K | $5.7M | 3.2x | as long as short |
| BloFin ADA-USDT | −0.052% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| Paradex ADA-USD-PERPlong | 0.000% | +0.0100% | 8h | $21K | $250 | 20x | |
| dYdX ADA-USD | +0.015% | 0.0000% | 1h | $203K | $2K | 10x | as long as short |
| Pacifica ADA | +0.026% | +0.0100% | 1h | $160K | $176K | 10x | as long as short |