Spread before costs (cost unknown: a leg has no order-book sample)−0.102%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ADA-USD | 0.2449 | 0.0100 | pay 0.0013% / 1h | 58m 54s | $337 | $13K | 10x |
| Short | Orderly PERP_ADA_USDC | 0.2446 | 0.0100 | get 0.0100% / 8h | 7h 58m | $6K | $36K | 20x |
SoDEX ADA-USD
Orderly PERP_ADA_USDCPrice 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
- −$10.21
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.21
- Spread needed to break even
- 0.140%
Slippage unknown: SoDEX: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
SoDEX and Orderly: 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.Injective0.2424cheapestBybit0.2445+0.866%Gate0.2445+0.866%MEXC0.2445+0.866%Extended0.2445+0.885%Variational Omni0.2446+0.887%GMX0.2446+0.899%OKX0.2446+0.908%ApeX Omni0.2446+0.908%
Injective
Bybit
Gate
MEXC
Extended
Variational Omni
GMX
OKX
ApeX OmniOrderly0.2446+0.908%
Polymarket Perps0.2446+0.912%Binance0.2446+0.917%Reya0.2446+0.923%gTrade (Gains Network)0.2447+0.946%Bitget0.2447+0.949%BingX0.2447+0.949%dYdX0.2447+0.954%Deribit0.2447+0.969%SunX0.2448+0.991%Hyperliquid0.2448+0.998%KuCoin0.2448+0.998%Derive0.2448+0.999%Pacifica0.2448+1.000%edgeX0.2448+1.005%Paradex0.2448+1.006%
Polymarket Perps
Binance
Reya
gTrade (Gains Network)
Bitget
BingX
dYdX
Deribit
SunX
Hyperliquid
KuCoin
Derive
Pacifica
ParadexSoDEX0.2449+1.011%
Kalshi0.2449+1.031%Coinbase International0.2449+1.031%Phemex0.2449+1.031%Aster0.2449+1.034%HTX0.2449+1.038%Kraken Futures0.2449+1.046%Phoenix0.2450+1.056%Backpack0.2450+1.060%BloFin0.2450+1.073%Lighter0.2451+1.097%
Coinbase International
Phemex
Aster
HTX
Kraken Futures
Phoenix
Backpack
BloFin
LighterADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −1.001% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Bybit ADAUSDT | −0.143% | +0.0100% | 8h | $71.4M | $112.1M | 75x | as long as short |
| Gate ADA_USDT | −0.143% | +0.0074% | 8h | $95.1M | $55.4M | 75x | as long as short |
| MEXC ADA_USDT | −0.143% | +0.0100% | 8h | $51.6M | $62.4M | 300x | as long as short |
| Extended ADA-USD | −0.124% | +0.0104% | 1h | $606K | $1.7M | 50x | as long as short |
| Variational Omni ADA | −0.122% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.111% | L +0.0534% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| OKX ADA-USDT-SWAP | −0.102% | +0.0100% | 8h | $32.1M | $108.7M | 50x | as long as short |
| ApeX Omni ADAUSDT | −0.102% | +0.0100% | 1h | $228K | $451K | 50x | as long as short |
| Orderly PERP_ADA_USDCshort | −0.102% | +0.0100% | 8h | $6K | $36K | 20x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ADA-USD | −0.098% | +0.0100% | 1h | $93K | $735K | 10x | as long as short |
| Binance ADAUSDT | −0.092% | +0.0100% | 8h | $101.7M | $367.1M | 75x | as long as short |
| Reya ADARUSDPERP | −0.086% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.065% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Bitget ADAUSDT | −0.061% | +0.0100% | 8h | $64.5M | $47.0M | 75x | as long as short |
| BingX ADA-USDC | −0.061% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| dYdX ADA-USD | −0.056% | +0.0061% | 1h | $202K | $2K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.041% | +0.0118% | 1h | $469K | $423K | 50x | as long as short |
| SunX ADA-USDT | −0.020% | +0.0100% | 8h | $9K | $808K | 30x | as long as short |
| Hyperliquid ADA | −0.012% | +0.0100% | 1h | $42.2M | $16.3M | 10x | as long as short |
| KuCoin ADAUSDTM | −0.012% | +0.0100% | 8h | $30.0M | $21.2M | 75x | as long as short |
| Derive ADA-PERP | −0.012% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Pacifica ADA | −0.011% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
| edgeX ADAUSDC | −0.005% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| Paradex ADA-USD-PERP | −0.004% | +0.0100% | 8h | $21K | $250 | 20x | as long as short |
| SoDEX ADA-USDlong | 0.000% | +0.0100% | 1h | $337 | $13K | 10x | |
| Kalshi KXADAPERP | +0.020% | 0.0000% | 8h | $99K | $5.8M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.020% | +0.0112% | 1h | $444K | $6.9M | 50x | as long as short |
| Phemex ADAUSDT | +0.020% | +0.0100% | 8h | $47.8M | $5.9M | 50x | as long as short |
| Aster ADAUSDT | +0.023% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| HTX ADA-USDT | +0.027% | +0.0100% | 8h | $1.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.035% | +0.0140% | 1h | $5.9M | $11.2M | 50x | as long as short |
| Phoenix ADA | +0.045% | +0.0066% | 1h | $4K | $102K | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.049% | +0.0100% | 1h | $103K | $432K | 15x | as long as short |
| BloFin ADA-USDT | +0.061% | +0.0220% | 8h | $4.5M | $6.3M | 75x | as long as short |
| Lighter ADA | +0.086% | +0.0096% | 1h | $2.3M | $981K | 10x | as long as short |