After costs, if the gap returns to its 7d average, $10k−$32
spread now−0.129%7d average−0.043%fees + slippage, in and out−$24spread needed0.236%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ADA-USD | 0.2454 | 0.0100 | pay 0.0013% / 1h | 56m 26s | $94K | $724K | 10x |
| Short | Extended ADA-USD | 0.2451 | 0.0104 | get 0.0013% / 1h | 56m 26s | $635K | $1.6M | 50x |
Polymarket Perps ADA-USD
Extended ADA-USDPrice 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
- −$12.92
- Funding while held
- $0.12
- Slippage, 4 orders
- −$10.59
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.39
- Spread needed to break even
- 0.236%
Slippage from Polymarket Perps: live order book, 58 min ago; Extended: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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, 58 min ago | 0.83 bp | 6.8 bp −$7 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.05 bp | 4.5 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestApeX Omni0.2438+0.578%Variational Omni0.2439+0.624%Kalshi0.2440+0.660%Orderly0.2440+0.660%GMX0.2440+0.670%edgeX0.2441+0.684%Derive0.2441+0.704%Deribit0.2441+0.705%SoDEX0.2442+0.722%HTX0.2442+0.729%SunX0.2442+0.741%Phemex0.2442+0.743%Backpack0.2443+0.771%Kraken Futures0.2443+0.784%BloFin0.2446+0.908%dYdX0.2447+0.949%Coinbase International0.2447+0.949%Pacifica0.2448+0.975%Aster0.2448+1.002%Paradex0.2449+1.031%Lighter0.2449+1.031%Phoenix0.2450+1.052%Gate0.2450+1.073%
Injective
ApeX Omni
Variational Omni
Orderly
GMX
Derive
Deribit
SoDEX
HTX
SunX
Phemex
Backpack
Kraken Futures
BloFin
dYdX
Coinbase International
Pacifica
Aster
Paradex
Lighter
Phoenix
GateExtended0.2451+1.111%
BingX0.2452+1.155%Bybit0.2453+1.196%Reya0.2454+1.218%MEXC0.2454+1.238%Bitget0.2454+1.238%Binance0.2454+1.239%
BingX
Bybit
Reya
MEXC
Bitget
BinancePolymarket Perps0.2454+1.242%
KuCoin0.2455+1.275%OKX0.2455+1.279%gTrade (Gains Network)0.2455+1.295%Hyperliquid0.2456+1.304%
KuCoin
OKX
gTrade (Gains Network)
HyperliquidADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −1.227% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| ApeX Omni ADAUSDT | −0.656% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| Variational Omni ADA | −0.610% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Kalshi KXADAPERP | −0.575% | 0.0000% | 8h | $140K | $5.7M | 3.2x | as long as short |
| Orderly PERP_ADA_USDC | −0.575% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.564% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| edgeX ADAUSDC | −0.551% | +0.0100% | 4h | $65K | $275K | 20x | as long as short |
| Derive ADA-PERP | −0.531% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.530% | 0.0000% | 1h | $463K | $397K | 50x | as long as short |
| SoDEX ADA-USD | −0.513% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ADA-USDT | −0.507% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| SunX ADA-USDT | −0.495% | +0.0100% | 8h | $9K | $788K | 30x | as long as short |
| Phemex ADAUSDT | −0.493% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.465% | +0.0100% | 1h | $104K | $419K | 15x | as long as short |
| Kraken Futures PF_ADAUSD | −0.453% | +0.0223% | 1h | $6.0M | $11.4M | 50x | as long as short |
| BloFin ADA-USDT | −0.330% | +0.0220% | 8h | $4.5M | $6.2M | 75x | as long as short |
| dYdX ADA-USD | −0.290% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.289% | +0.0120% | 1h | $422K | $6.8M | 50x | as long as short |
| Pacifica ADA | −0.263% | +0.0100% | 1h | $159K | $176K | 10x | as long as short |
| Aster ADAUSDT | −0.237% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Paradex ADA-USD-PERP | −0.208% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| Lighter ADA | −0.208% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Phoenix ADA | −0.187% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Gate ADA_USDT | −0.167% | +0.0080% | 8h | $94.5M | $56.8M | 75x | as long as short |
| Extended ADA-USDshort | −0.129% | +0.0104% | 1h | $635K | $1.6M | 50x | |
| BingX ADA-USDT | −0.086% | +0.0100% | 8h | — | $18.3M | — | as long as short |
| Bybit ADAUSDT | −0.045% | +0.0100% | 8h | $71.0M | $110.1M | 75x | as long as short |
| Reya ADARUSDPERP | −0.023% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| MEXC ADA_USDT | −0.004% | +0.0100% | 8h | $51.7M | $61.5M | 300x | as long as short |
| Bitget ADAUSDT | −0.004% | +0.0100% | 8h | $64.5M | $46.7M | 75x | as long as short |
| Binance ADAUSDT | −0.002% | +0.0100% | 8h | $103.2M | $356.7M | 75x | as long as short |
| Polymarket Perps ADA-USDlong | 0.000% | +0.0100% | 1h | $94K | $724K | 10x | |
| KuCoin ADAUSDTM | +0.033% | +0.0100% | 8h | $30.4M | $21.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.037% | +0.0100% | 8h | $32.6M | $106.5M | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.052% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Hyperliquid ADA | +0.061% | +0.0100% | 1h | $42.0M | $15.7M | 10x | as long as short |