After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.051%7d average+0.006%fees + slippage, in and out−$76spread needed0.756%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ADA-USDT | 0.2442 | 0.0100 | pay 0.0100% / 8h | 1h 01m | $9K | $788K | 30x |
| Short | Deribit ADA_USDC-PERPETUAL | 0.2441 | 0.0078 | get 0.0010% / 1h | 1m 12s | $463K | $398K | 50x |
SunX ADA-USDT
Deribit ADA_USDC-PERPETUALPrice 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
- −$5.08
- Funding while held
- −$0.66
- Slippage, 4 orders
- −$58.56
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$81.3
- Spread needed to break even
- 0.756%
Slippage from SunX: live order book, 18 min ago; Deribit: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0022%
- Per $10,000 a day
- −$0.66
- 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 SunX live order book, 18 min ago | 22.76 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 54 min ago | 4.75 bp | 8.2 bp −$8 | 18.8 bp −$188 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestCoinbase International0.2438+0.578%GMX0.2439+0.613%Extended0.2439+0.613%Kalshi0.2439+0.619%gTrade (Gains Network)0.2439+0.636%Derive0.2440+0.656%Bybit0.2440+0.660%Gate0.2440+0.660%BingX0.2440+0.660%Orderly0.2440+0.660%SoDEX0.2440+0.660%Phemex0.2440+0.660%Pacifica0.2440+0.660%Reya0.2440+0.662%KuCoin0.2440+0.668%Paradex0.2440+0.674%HTX0.2440+0.680%dYdX0.2441+0.683%Polymarket Perps0.2441+0.685%Binance0.2441+0.689%
Injective
Coinbase International
GMX
Extended
gTrade (Gains Network)
Derive
Bybit
Gate
BingX
Orderly
SoDEX
Phemex
Pacifica
Reya
KuCoin
Paradex
HTX
dYdX
Polymarket Perps
BinanceDeribit0.2441+0.689%
Kraken Futures0.2441+0.696%OKX0.2441+0.701%MEXC0.2441+0.701%Bitget0.2441+0.701%Backpack0.2441+0.701%BloFin0.2441+0.701%Aster0.2441+0.710%Hyperliquid0.2442+0.734%Lighter0.2442+0.738%
Kraken Futures
OKX
MEXC
Bitget
Backpack
BloFin
Aster
Hyperliquid
LighterSunX0.2442+0.740%
edgeX0.2446+0.900%Variational Omni0.2446+0.910%ApeX Omni0.2447+0.949%Phoenix0.2448+0.994%
Variational Omni
ApeX Omni
PhoenixADA on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ADA/USDC PERP | −0.735% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.161% | +0.0136% | 1h | $421K | $6.8M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.126% | L +0.0543% / S −0.0293% | 1h | $117K | — | 100x | as long as short |
| Extended ADA-USD | −0.126% | +0.0104% | 1h | $635K | $1.6M | 50x | as long as short |
| Kalshi KXADAPERP | −0.120% | 0.0000% | 8h | $137K | $5.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.104% | L +0.0005% / S −0.0003% | 1h | $83K | — | 150x | as long as short |
| Derive ADA-PERP | −0.083% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Bybit ADAUSDT | −0.079% | +0.0100% | 8h | $70.7M | $109.9M | 75x | as long as short |
| Gate ADA_USDT | −0.079% | +0.0076% | 8h | $94.1M | $57.8M | 75x | as long as short |
| BingX ADA-USDC | −0.079% | +0.0100% | 8h | — | $6.5M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ADA_USDC | −0.079% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| SoDEX ADA-USD | −0.079% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Phemex ADAUSDT | −0.079% | +0.0100% | 8h | $47.8M | $5.8M | 50x | as long as short |
| Pacifica ADA | −0.079% | +0.0100% | 1h | $159K | $174K | 10x | as long as short |
| Reya ADARUSDPERP | −0.078% | +0.0295% | 1h | $1K | — | 15x | as long as short |
| KuCoin ADAUSDTM | −0.071% | +0.0100% | 8h | $30.3M | $21.0M | 75x | as long as short |
| Paradex ADA-USD-PERP | −0.065% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| HTX ADA-USDT | −0.060% | +0.0100% | 8h | $1.3M | $4.9M | 75x | as long as short |
| dYdX ADA-USD | −0.056% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.055% | +0.0100% | 1h | $94K | $723K | 10x | as long as short |
| Binance ADAUSDT | −0.051% | +0.0100% | 8h | $102.4M | $356.0M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUALshort | −0.051% | +0.0078% | 1h | $463K | $398K | 50x | |
| Kraken Futures PF_ADAUSD | −0.044% | −0.0069% | 1h | $6.0M | $11.4M | 50x | as long as short |
| OKX ADA-USDT-SWAP | −0.038% | +0.0100% | 8h | $32.4M | $105.7M | 50x | as long as short |
| MEXC ADA_USDT | −0.038% | +0.0100% | 8h | $51.4M | $62.6M | 300x | as long as short |
| Bitget ADAUSDT | −0.038% | +0.0100% | 8h | $63.9M | $46.6M | 75x | as long as short |
| Backpack ADA_USDC_PERP | −0.038% | +0.0100% | 1h | $105K | $420K | 15x | as long as short |
| BloFin ADA-USDT | −0.038% | +0.0220% | 8h | $4.4M | $6.2M | 75x | as long as short |
| Aster ADAUSDT | −0.029% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Hyperliquid ADA | −0.006% | +0.0100% | 1h | $41.7M | $15.7M | 10x | as long as short |
| Lighter ADA | −0.002% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| SunX ADA-USDTlong | 0.000% | +0.0100% | 8h | $9K | $788K | 30x | |
| edgeX ADAUSDC | +0.159% | +0.0100% | 4h | $65K | $354K | 20x | as long as short |
| Variational Omni ADA | +0.168% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
| ApeX Omni ADAUSDT | +0.207% | +0.0100% | 1h | $228K | $443K | 50x | as long as short |
| Phoenix ADA | +0.252% | +0.0066% | 1h | $4K | $103K | 10x | as long as short |