Spread before costs (cost unknown: a leg has no order-book sample)+0.309%
7d average—if it closes, per $10,000$31funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ADA-USD | 0.2425 | 0.0100 | pay 0.0013% / 1h | 17m 26s | $334 | $13K | 10x |
| Short | Gate ADA_USDT | 0.2433 | 0.0100 | get 0.0100% / 8h | 7h 17m | $94.6M | $57.2M | 75x |
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
- $30.92
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $7.92
- Spread needed to break even
- 0.230%
Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 3 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 2.07 bp | 12.5 bp −$13 | 16.4 bp −$164 | 87.1 bp −$8,711 | doesn't fit |
SoDEX: 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.ADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International ADA-PERP-INTX | −0.268% | +0.0112% | 1h | $484K | $7.0M | 50x | as long as short |
| ApeX Omni ADAUSDT | −0.227% | +0.0100% | 1h | $226K | $451K | 50x | as long as short |
| BloFin ADA-USDT | −0.227% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| edgeX ADAUSDC | −0.171% | +0.0100% | 4h | $64K | $278K | 20x | as long as short |
| Injective ADA/USDC PERP | −0.062% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Kalshi KXADAPERP | −0.021% | 0.0000% | 8h | $93K | $5.7M | 3.2x | as long as short |
| Phemex ADAUSDT | −0.021% | +0.0100% | 8h | $47.3M | $5.9M | 50x | as long as short |
| SoDEX ADA-USDlong | 0.000% | +0.0100% | 1h | $334 | $13K | 10x | |
| Kraken Futures PF_ADAUSD | +0.019% | +0.0141% | 1h | $5.9M | $11.2M | 50x | as long as short |
| HTX ADA-USDT | +0.019% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix ADA | +0.041% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| Variational Omni ADA | +0.086% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.099% | +0.0100% | 1h | $100K | $420K | 15x | as long as short |
| dYdX ADA-USD | +0.228% | +0.0080% | 1h | $201K | $2K | 10x | as long as short |
| Aster ADAUSDT | +0.250% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Pacifica ADA | +0.260% | +0.0100% | 1h | $158K | $173K | 10x | as long as short |
| Reya ADARUSDPERP | +0.270% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| Lighter ADA | +0.272% | +0.0096% | 1h | $2.2M | $1.0M | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.276% | +0.0100% | 1h | $92K | $734K | 10x | as long as short |
| Extended ADA-USD | +0.286% | +0.0104% | 1h | $594K | $1.7M | 50x | as long as short |
| SunX ADA-USDT | +0.306% | +0.0100% | 8h | $9K | $783K | 30x | as long as short |
| Gate ADA_USDTshort | +0.309% | +0.0100% | 8h | $94.6M | $57.2M | 75x | |
| MEXC ADA_USDT | +0.309% | +0.0100% | 8h | $51.4M | $63.6M | 300x | as long as short |
| Paradex ADA-USD-PERP | +0.316% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.322% | +0.0100% | 1h | $42.5M | $14.8M | 10x | as long as short |
| KuCoin ADAUSDTM | +0.338% | +0.0100% | 8h | $30.0M | $19.9M | 75x | as long as short |
| Bybit ADAUSDT | +0.350% | +0.0100% | 8h | $71.0M | $107.6M | 75x | as long as short |
| BingX ADA-USDT | +0.350% | +0.0100% | 8h | — | $18.1M | — | as long as short |
| gTrade (Gains Network) ADA/USD | +0.362% | L +0.0005% / S −0.0003% | 1h | $85K | — | 150x | as long as short |
| Binance ADAUSDT | +0.370% | +0.0100% | 8h | $101.3M | $357.0M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | +0.381% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| Orderly PERP_ADA_USDC | +0.392% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.421% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| OKX ADA-USDT-SWAP | +0.433% | +0.0100% | 8h | $32.3M | $107.0M | 50x | as long as short |
| Bitget ADAUSDT | +0.433% | +0.0100% | 8h | $64.6M | $45.3M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.495% | +0.0571% | 1h | $477K | $417K | 50x | as long as short |
SoDEX ADA-USD
Gate ADA_USDT
Coinbase International
ApeX Omni
BloFin
Injective
Phemex
Kraken Futures
HTX
Phoenix
Variational Omni
Backpack
Aster
Pacifica
Lighter
Polymarket Perps
Extended
SunX
MEXC
Paradex
Hyperliquid
KuCoin
Bybit
BingX
gTrade (Gains Network)
Binance
GMX
Derive
OKX
Bitget
Deribit