Settings8H · net · $10k
Funding arb · Price arb /

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.009%
Price spread now: Kraken Futures against SoDEX+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ADA-USD0.24600.0100pay 0.0013% / 1h42m 17s$338$13K10x
ShortKraken Futures PF_ADAUSD0.24600.0113get 0.0014% / 1h42m 17s$6.2M$11.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.73
Price spread: +0.008% → 0.000%
$0.8
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$14.48
Costs to cover
0.180%
Break-even
44.2 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Kraken Futures live order book, 2 min ago3.85 bp14.0 bp −$1416.6 bp −$16644.4 bp −$4,442doesn'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 on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2462+0.073%$203K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2462+0.077%$168K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2460+0.004%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2465+0.199%$407K$7.3M50xas long as short
Lighter ADA+0.0096%1h0.2462+0.077%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2462+0.079%$42.6M$14.2M10xas long as short
Aster ADAUSDT+0.0100%8h0.2461+0.036%$1.2M$924K75xas long as short
Pacifica ADA+0.0100%1h0.2461+0.048%$158K$144K10xas long as short
Binance ADAUSDT+0.0100%8h0.2460+0.015%$102.3M$362.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2460−0.004%$71.8M$102.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2461+0.037%$32.4M$107.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2459−0.045%$97.6M$59.5M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2460−0.004%$53.1M$50.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2460+0.016%$30.3M$18.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2461+0.037%$66.0M$43.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2460−0.004%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2463+0.102%$109K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2468+0.329%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2468+0.327%$66K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2467+0.299%$299K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2469+0.362%$56K$582K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2461+0.020%$96K$625K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2460−0.004%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2461+0.033%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2462+0.076%$9K$762K30xas long as short
SoDEX ADA-USDlong+0.0100%1h0.2460long leg$338$13K10x
HTX ADA-USDT+0.0100%8h0.2460+0.013%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2460−0.004%$48.0M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2461+0.050%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2460−0.001%$557K$1.8M50xas long as short
Kraken Futures PF_ADAUSDshort+0.0113%1h0.2460+0.008%$6.2M$11.6M50x
Phoenix ADA+0.0130%1h0.2468+0.321%$4K$78K10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0157%1h0.2461+0.037%$500K$424K50xas long as short
BloFin ADA-USDT+0.0220%8h0.2465+0.199%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471+0.443%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.24600.000%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0566% / S −0.0313%1h0.2460−0.008%$122K100xas long as short