After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.021%7d average−0.016%fees + slippage, in and out−$38spread needed0.381%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ADA-USD | 0.2434 | 0.0100 | pay 0.0013% / 1h | 39m 49s | $91K | $727K | 10x |
| Short | Coinbase International ADA-PERP-INTX | 0.2434 | 0.0072 | get 0.0009% / 1h | 39m 49s | $472K | $6.8M | 50x |
Price 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
- −$2.05
- Funding while held
- −$0.84
- Slippage, 4 orders
- −$20.14
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$41.03
- Spread needed to break even
- 0.381%
Slippage from Polymarket Perps: live order book, 60 min ago; Coinbase International: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0028%
- Per $10,000 a day
- −$0.84
- 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 Polymarket Perps live order book, 60 min ago | 2.26 bp | 7.1 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 4.10 bp | 12.6 bp −$13 | 18.1 bp −$181 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.431% | +0.0033% | 1h | $832 | $66K | 12x | as long as short |
| Pacifica ADA | −0.028% | +0.0100% | 1h | $157K | $148K | 10x | as long as short |
| Bybit ADAUSDT | −0.021% | +0.0100% | 8h | $70.0M | $99.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.021% | +0.0100% | 8h | $32.1M | $103.3M | 50x | as long as short |
| Gate ADA_USDT | −0.021% | +0.0100% | 8h | $95.7M | $55.8M | 75x | as long as short |
| Coinbase International ADA-PERP-INTXshort | −0.021% | +0.0072% | 1h | $472K | $6.8M | 50x | |
| Polymarket Perps ADA-USDlong | 0.000% | +0.0100% | 1h | $91K | $727K | 10x | |
| SunX ADA-USDT | +0.018% | +0.0100% | 8h | $9K | $751K | 30x | as long as short |
| Bitget ADAUSDT | +0.021% | +0.0100% | 8h | $64.4M | $41.8M | 75x | as long as short |
| BingX ADA-USDT | +0.021% | +0.0100% | 8h | — | $18.9M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | +0.021% | 0.0000% | 8h | $123K | $5.8M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.027% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| HTX ADA-USDT | +0.030% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
| Extended ADA-USD | +0.039% | +0.0104% | 1h | $599K | $1.7M | 50x | as long as short |
| Reya ADARUSDPERP | +0.041% | +0.0291% | 1h | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.044% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Variational Omni ADA | +0.046% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Aster ADAUSDT | +0.047% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| dYdX ADA-USD | +0.049% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| KuCoin ADAUSDTM | +0.053% | +0.0100% | 8h | $30.1M | $17.6M | 75x | as long as short |
| Binance ADAUSDT | +0.056% | +0.0100% | 8h | $101.3M | $343.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.062% | +0.0100% | 8h | $51.9M | $57.7M | 300x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.062% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Hyperliquid ADA | +0.064% | +0.0100% | 1h | $42.5M | $13.7M | 10x | as long as short |
| Lighter ADA | +0.070% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| SoDEX ADA-USD | +0.090% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.103% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | +0.103% | +0.0100% | 8h | $47.5M | $5.1M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.127% | +0.0100% | 1h | $102K | $412K | 15x | as long as short |
| Derive ADA-PERP | +0.137% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Kraken Futures PF_ADAUSD | +0.139% | +0.0261% | 1h | $6.1M | $10.7M | 50x | as long as short |
| BloFin ADA-USDT | +0.144% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.152% | +0.0242% | 1h | $476K | $377K | 50x | as long as short |
| Phoenix ADA | +0.181% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.226% | +0.0100% | 1h | $228K | $455K | 50x | as long as short |
| edgeX ADAUSDC | +0.270% | +0.0100% | 4h | $65K | $277K | 20x | as long as short |
Polymarket Perps ADA-USD
Coinbase International ADA-PERP-INTX
Injective
Pacifica
Bybit
OKX
Gate
SunX
Bitget
BingX
Paradex
HTX
Extended
GMX
Variational Omni
Aster
KuCoin
Binance
MEXC
gTrade (Gains Network)
Hyperliquid
Lighter
SoDEX
Phemex
Backpack
Derive
Kraken Futures
BloFin
Deribit
Phoenix
ApeX Omni