Spread before costs (cost unknown: a leg has no order-book sample)+0.078%
7d average—if it closes, per $10,000$8funding while held, a day−$2.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2411 | 0.0291 | pay 0.0036% / 1h | 7m 46s | $1K | — | 15x |
| Short | dYdX ADA-USD | 0.2412 | 0.0201 | get 0.0025% / 1h | 7m 46s | $200K | $2K | 10x |
Reya ADARUSDPERP
dYdX 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
- $7.83
- Funding while held
- −$2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$10.88
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; dYdX: live order book, 33 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.71
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 33 min ago | 65.44 bp | 83.9 bp −$84 | 211.8 bp −$2,118 | 224.5 bp −$22.4K | 228.2 bp −$114.1K |
Reya: 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.Gate0.2406cheapestExtended0.2407+0.041%Aster0.2407+0.057%Backpack0.2408+0.083%Phemex0.2408+0.083%GMX0.2408+0.085%gTrade (Gains Network)0.2409+0.111%Hyperliquid0.2409+0.116%Orderly0.2409+0.125%Coinbase International0.2409+0.125%SoDEX0.2409+0.129%HTX0.2409+0.137%Derive0.2409+0.138%Deribit0.2410+0.162%Kraken Futures0.2410+0.176%
Gate
Extended
Aster
Backpack
Phemex
GMX
gTrade (Gains Network)
Hyperliquid
Orderly
Coinbase International
SoDEX
HTX
Derive
Deribit
Kraken FuturesReya0.2411+0.189%
Bybit0.2411+0.208%Kalshi0.2411+0.208%Polymarket Perps0.2411+0.216%Pacifica0.2411+0.227%OKX0.2412+0.249%Bitget0.2412+0.249%Binance0.2412+0.268%
Bybit
Polymarket Perps
Pacifica
OKX
Bitget
BinancedYdX0.2412+0.268%
KuCoin0.2413+0.283%Paradex0.2413+0.289%MEXC0.2413+0.291%BingX0.2413+0.291%Lighter0.2414+0.316%SunX0.2414+0.332%BloFin0.2414+0.333%edgeX0.2420+0.567%Variational Omni0.2421+0.611%ApeX Omni0.2421+0.623%Phoenix0.2422+0.644%Injective0.2424+0.748%
KuCoin
Paradex
MEXC
BingX
Lighter
SunX
BloFin
Variational Omni
ApeX Omni
Phoenix
InjectiveADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | −0.189% | +0.0100% | 8h | $94.1M | $55.6M | 75x | as long as short |
| Extended ADA-USD | −0.148% | +0.0104% | 1h | $601K | $1.7M | 50x | as long as short |
| Aster ADAUSDT | −0.132% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Backpack ADA_USDC_PERP | −0.106% | +0.0100% | 1h | $101K | $406K | 15x | as long as short |
| Phemex ADAUSDT | −0.106% | +0.0100% | 8h | $47.0M | $5.2M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.104% | L +0.0517% / S −0.0276% | 1h | $111K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.078% | L +0.0005% / S −0.0003% | 1h | $82K | — | 150x | as long as short |
| Hyperliquid ADA | −0.073% | +0.0100% | 1h | $42.0M | $13.7M | 10x | as long as short |
| Orderly PERP_ADA_USDC | −0.065% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.065% | +0.0080% | 1h | $467K | $6.7M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | −0.061% | +0.0100% | 1h | $331 | $13K | 10x | as long as short |
| HTX ADA-USDT | −0.053% | +0.0100% | 8h | $1.3M | $4.6M | 75x | as long as short |
| Derive ADA-PERP | −0.051% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.027% | +0.0248% | 1h | $471K | $383K | 50x | as long as short |
| Kraken Futures PF_ADAUSD | −0.014% | +0.0357% | 1h | $6.1M | $10.6M | 50x | as long as short |
| Reya ADARUSDPERPlong | 0.000% | +0.0291% | 1h | $1K | — | 15x | |
| Bybit ADAUSDT | +0.018% | +0.0100% | 8h | $69.4M | $99.5M | 75x | as long as short |
| Kalshi KXADAPERP | +0.018% | 0.0000% | 8h | $176K | $5.9M | 3.2x | as long as short |
| Polymarket Perps ADA-USD | +0.027% | +0.0100% | 1h | $90K | $727K | 10x | as long as short |
| Pacifica ADA | +0.037% | +0.0100% | 1h | $155K | $154K | 10x | as long as short |
| OKX ADA-USDT-SWAP | +0.060% | +0.0100% | 8h | $31.8M | $101.3M | 50x | as long as short |
| Bitget ADAUSDT | +0.060% | +0.0100% | 8h | $63.8M | $41.7M | 75x | as long as short |
| Binance ADAUSDT | +0.078% | +0.0100% | 8h | $99.8M | $341.1M | 75x | as long as short |
| dYdX ADA-USDshort | +0.078% | +0.0201% | 1h | $200K | $2K | 10x | |
| KuCoin ADAUSDTM | +0.093% | +0.0100% | 8h | $29.7M | $17.6M | 75x | as long as short |
| Paradex ADA-USD-PERP | +0.099% | +0.0101% | 8h | $20K | $250 | 20x | as long as short |
| MEXC ADA_USDT | +0.101% | +0.0100% | 8h | $51.0M | $60.8M | 300x | as long as short |
| BingX ADA-USDT | +0.101% | +0.0100% | 8h | — | $18.9M | — | as long as short |
| Lighter ADA | +0.126% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| SunX ADA-USDT | +0.142% | +0.0100% | 8h | $9K | $750K | 30x | as long as short |
| BloFin ADA-USDT | +0.143% | +0.0220% | 8h | $4.4M | $5.2M | 75x | as long as short |
| edgeX ADAUSDC | +0.377% | +0.0100% | 4h | $64K | $278K | 20x | as long as short |
| Variational Omni ADA | +0.421% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDT | +0.433% | +0.0100% | 1h | $226K | $454K | 50x | as long as short |
| Phoenix ADA | +0.454% | +0.0164% | 1h | $4K | $94K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.558% | +0.0033% | 1h | $832 | $103K | 12x | as long as short |