Spread before costs (cost unknown: a leg has no order-book sample)−0.322%
7d average−0.003%if it closes, per $10,000$32funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ADA-USD | 0.2447 | 0.0100 | pay 0.0013% / 1h | 58m 33s | $94K | $724K | 10x |
| Short | Variational Omni ADA | 0.2439 | 0.0100 | get 0.0100% / 8h | 58m 33s | $4.2M | $1.0M | — |
Polymarket Perps ADA-USD
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
- −$32.19
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$40.19
- Spread needed to break even
- 0.080%
Slippage unknown: Polymarket Perps: live order book, 56 min ago; 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 Polymarket Perps live order book, 56 min ago | 0.83 bp | 6.8 bp −$7 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 8.20 bp | doesn't fit | 12.3 bp −$123 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapest
InjectiveVariational Omni0.2439+0.624%
Coinbase International0.2440+0.660%GMX0.2440+0.674%gTrade (Gains Network)0.2440+0.678%edgeX0.2441+0.693%Orderly0.2441+0.701%SunX0.2442+0.741%Kalshi0.2442+0.743%Derive0.2442+0.744%SoDEX0.2442+0.747%Deribit0.2442+0.751%Phemex0.2443+0.784%Kraken Futures0.2443+0.792%BloFin0.2444+0.825%Reya0.2444+0.837%HTX0.2445+0.860%Backpack0.2445+0.862%Bybit0.2447+0.949%OKX0.2447+0.949%ApeX Omni0.2447+0.949%
Coinbase International
GMX
gTrade (Gains Network)
Orderly
SunX
Derive
SoDEX
Deribit
Phemex
Kraken Futures
BloFin
Reya
HTX
Backpack
Bybit
OKX
ApeX OmniPolymarket Perps0.2447+0.949%
Binance0.2447+0.969%Aster0.2448+0.979%Extended0.2448+0.986%Gate0.2448+0.990%KuCoin0.2448+0.990%Bitget0.2448+0.990%Phoenix0.2448+0.994%dYdX0.2448+1.009%MEXC0.2449+1.031%BingX0.2449+1.031%Pacifica0.2449+1.035%Hyperliquid0.2449+1.048%Lighter0.2450+1.068%Paradex0.2450+1.085%
Binance
Aster
Extended
Gate
KuCoin
Bitget
Phoenix
dYdX
MEXC
BingX
Pacifica
Hyperliquid
Lighter
ParadexADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.940% | +0.0558% | 1h | $832 | $124K | 12x | as long as short |
| Variational Omni ADAshort | −0.322% | +0.0100% | 8h | $4.2M | $1.0M | — | |
| Coinbase International ADA-PERP-INTX | −0.286% | +0.0120% | 1h | $421K | $6.8M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.272% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.268% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| edgeX ADAUSDC | −0.253% | +0.0100% | 4h | $65K | $354K | 20x | as long as short |
| Orderly PERP_ADA_USDC | −0.245% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SunX ADA-USDT | −0.206% | +0.0100% | 8h | $9K | $788K | 30x | as long as short |
| Kalshi KXADAPERP | −0.204% | 0.0000% | 8h | $145K | $5.7M | 3.2x | as long as short |
| Derive ADA-PERP | −0.203% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | −0.200% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.196% | +0.0160% | 1h | $463K | $398K | 50x | as long as short |
| Phemex ADAUSDT | −0.163% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | −0.155% | +0.0223% | 1h | $6.0M | $11.4M | 50x | as long as short |
| BloFin ADA-USDT | −0.123% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| Reya ADARUSDPERP | −0.111% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| HTX ADA-USDT | −0.088% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| Backpack ADA_USDC_PERP | −0.086% | +0.0100% | 1h | $105K | $420K | 15x | as long as short |
| Bybit ADAUSDT | 0.000% | +0.0100% | 8h | $70.8M | $110.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | 0.000% | +0.0100% | 8h | $32.5M | $106.1M | 50x | as long as short |
| ApeX Omni ADAUSDT | 0.000% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| Polymarket Perps ADA-USDlong | 0.000% | +0.0100% | 1h | $94K | $724K | 10x | |
| Binance ADAUSDT | +0.020% | +0.0100% | 8h | $102.7M | $356.3M | 75x | as long as short |
| Aster ADAUSDT | +0.030% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Extended ADA-USD | +0.037% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Gate ADA_USDT | +0.041% | +0.0076% | 8h | $94.4M | $56.7M | 75x | as long as short |
| KuCoin ADAUSDTM | +0.041% | +0.0100% | 8h | $30.4M | $21.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.041% | +0.0100% | 8h | $64.2M | $46.6M | 75x | as long as short |
| Phoenix ADA | +0.045% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| dYdX ADA-USD | +0.059% | 0.0000% | 1h | $203K | $2K | 10x | as long as short |
| MEXC ADA_USDT | +0.082% | +0.0100% | 8h | $51.6M | $61.3M | 300x | as long as short |
| BingX ADA-USDT | +0.082% | +0.0100% | 8h | — | $18.3M | — | as long as short |
| Pacifica ADA | +0.085% | +0.0100% | 1h | $159K | $176K | 10x | as long as short |
| Hyperliquid ADA | +0.098% | +0.0236% | 1h | $41.9M | $15.7M | 10x | as long as short |
| Lighter ADA | +0.119% | +0.0144% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.135% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |