Spread before costs (cost unknown: a leg has no order-book sample)−0.192%
7d average—if it closes, per $10,000$19funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ADA-USD | 0.2450 | 0.0100 | pay 0.0013% / 1h | 52m 35s | $718 | $13K | 10x |
| Short | Polymarket Perps ADA-USD | 0.2446 | 0.0100 | get 0.0013% / 1h | 52m 35s | $93K | $736K | 10x |
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
- −$19.18
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$35.18
- Spread needed to break even
- 0.160%
Slippage unknown: SoDEX: no order-book sample; Polymarket Perps: live order book, 57 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 Polymarket Perps live order book, 57 min ago | 0.61 bp | 6.6 bp −$7 | 11.4 bp −$114 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −1.081% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Gate ADA_USDT | −0.306% | −0.0115% | 8h | $95.1M | $55.8M | 75x | as long as short |
| MEXC ADA_USDT | −0.306% | +0.0100% | 8h | $51.5M | $62.6M | 300x | as long as short |
| Extended ADA-USD | −0.283% | +0.0104% | 1h | $607K | $1.7M | 50x | as long as short |
| Bitget ADAUSDT | −0.265% | +0.0100% | 8h | $64.4M | $47.1M | 75x | as long as short |
| BingX ADA-USDT | −0.265% | +0.0100% | 8h | — | $18.6M | — | as long as short |
| dYdX ADA-USD | −0.262% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| KuCoin ADAUSDTM | −0.257% | +0.0100% | 8h | $30.0M | $21.3M | 75x | as long as short |
| Paradex ADA-USD-PERP | −0.247% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Pacifica ADA | −0.233% | +0.0100% | 1h | $161K | $180K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ADA | −0.208% | +0.0096% | 1h | $2.3M | $986K | 10x | as long as short |
| Polymarket Perps ADA-USDshort | −0.192% | +0.0100% | 1h | $93K | $736K | 10x | |
| Aster ADAUSDT | −0.160% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Binance ADAUSDT | −0.149% | +0.0100% | 8h | $102.2M | $368.5M | 75x | as long as short |
| Bybit ADAUSDT | −0.102% | +0.0100% | 8h | $71.7M | $111.8M | 75x | as long as short |
| Hyperliquid ADA | −0.069% | +0.0141% | 1h | $42.8M | $16.7M | 10x | as long as short |
| Phemex ADAUSDT | −0.020% | +0.0100% | 8h | $47.9M | $5.9M | 50x | as long as short |
| SoDEX ADA-USDlong | 0.000% | +0.0100% | 1h | $718 | $13K | 10x | |
| GMX ADA/USD [WBTC.b-USDC] | +0.001% | L +0.0536% / S −0.0286% | 1h | $115K | — | 100x | as long as short |
| gTrade (Gains Network) ADA/USD | +0.017% | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| OKX ADA-USDT-SWAP | +0.020% | +0.0100% | 8h | $32.2M | $109.5M | 50x | as long as short |
| ApeX Omni ADAUSDT | +0.020% | +0.0100% | 1h | $229K | $452K | 50x | as long as short |
| Orderly PERP_ADA_USDC | +0.020% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.020% | +0.0112% | 1h | $438K | $7.0M | 50x | as long as short |
| BloFin ADA-USDT | +0.020% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.024% | +0.0158% | 1h | $470K | $418K | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.029% | +0.0100% | 1h | $103K | $433K | 15x | as long as short |
| SunX ADA-USDT | +0.060% | +0.0100% | 8h | $9K | $810K | 30x | as long as short |
| Kalshi KXADAPERP | +0.061% | 0.0000% | 8h | $105K | $5.9M | 3.2x | as long as short |
| Kraken Futures PF_ADAUSD | +0.068% | +0.0140% | 1h | $6.0M | $11.5M | 50x | as long as short |
| HTX ADA-USDT | +0.072% | +0.0100% | 8h | $1.3M | $5.3M | 75x | as long as short |
| Reya ADARUSDPERP | +0.082% | +0.0294% | 1h | $1K | — | 15x | as long as short |
| Phoenix ADA | +0.098% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |
| edgeX ADAUSDC | +0.103% | +0.0100% | 4h | $65K | $276K | 20x | as long as short |
| Derive ADA-PERP | +0.324% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Variational Omni ADA | +0.326% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
SoDEX ADA-USD
Polymarket Perps ADA-USD
Injective
Gate
MEXC
Extended
Bitget
BingX
KuCoin
Paradex
Pacifica
Lighter
Aster
Binance
Bybit
Hyperliquid
Phemex
GMX
gTrade (Gains Network)
OKX
ApeX Omni
Coinbase International
BloFin
Deribit
Backpack
SunX
Kraken Futures
HTX
Phoenix
Derive
Variational Omni