Spread before costs (cost unknown: a leg has no order-book sample)−0.075%
7d average−0.017%if it closes, per $10,000$8funding while held, a day+$5.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ADA-USDT | 0.2435 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $9K | $751K | 30x |
| Short | GMX ADA/USD [WBTC.b-USDC] | 0.2433 | L +0.0520% / S −0.0276% | get 0.0034% / 1h | 35m 43s | $112K | — | 100x |
SunX ADA-USDT
GMX ADA/USD [WBTC.b-USDC]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
- −$7.52
- Funding while held
- $5.27
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$24.25
- Spread needed to break even
- 0.220%
Slippage unknown: SunX: live order book, 14 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0176%
- Per $10,000 a day
- +$5.27
- 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, 14 min ago | 20.83 bp | 25.8 bp −$26 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Injective0.2424cheapestGate0.2430+0.248%Bybit0.2431+0.289%Bitget0.2431+0.289%BingX0.2431+0.289%Extended0.2431+0.306%OKX0.2432+0.330%MEXC0.2432+0.330%Aster0.2432+0.336%Variational Omni0.2433+0.354%Pacifica0.2433+0.361%KuCoin0.2433+0.363%Paradex0.2433+0.365%Kalshi0.2433+0.371%Coinbase International0.2433+0.371%Phemex0.2433+0.371%Binance0.2433+0.373%
Injective
Gate
Bybit
Bitget
BingX
Extended
OKX
MEXC
Aster
Variational Omni
Pacifica
KuCoin
Paradex
Coinbase International
Phemex
BinanceGMX0.2433+0.375%
dYdX0.2433+0.378%Polymarket Perps0.2433+0.380%Hyperliquid0.2434+0.392%SoDEX0.2434+0.392%Reya0.2434+0.392%gTrade (Gains Network)0.2434+0.409%ApeX Omni0.2434+0.413%Orderly0.2434+0.413%Lighter0.2434+0.417%Backpack0.2434+0.417%Kraken Futures0.2434+0.419%Deribit0.2435+0.441%Derive0.2435+0.443%HTX0.2435+0.443%
dYdX
Polymarket Perps
Hyperliquid
SoDEX
Reya
gTrade (Gains Network)
ApeX Omni
Orderly
Lighter
Backpack
Kraken Futures
Deribit
Derive
HTXSunX0.2435+0.451%
edgeX0.2436+0.495%BloFin0.2436+0.495%Phoenix0.2437+0.549%
BloFin
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 | −0.449% | +0.0033% | 1h | $832 | $66K | 12x | as long as short |
| Gate ADA_USDT | −0.202% | +0.0100% | 8h | $95.5M | $55.8M | 75x | as long as short |
| Bybit ADAUSDT | −0.161% | +0.0100% | 8h | $70.0M | $99.6M | 75x | as long as short |
| Bitget ADAUSDT | −0.161% | +0.0100% | 8h | $64.2M | $41.8M | 75x | as long as short |
| BingX ADA-USDC | −0.161% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Extended ADA-USD | −0.144% | +0.0104% | 1h | $599K | $1.7M | 50x | as long as short |
| OKX ADA-USDT-SWAP | −0.120% | +0.0100% | 8h | $32.1M | $103.1M | 50x | as long as short |
| MEXC ADA_USDT | −0.120% | +0.0100% | 8h | $51.8M | $57.7M | 300x | as long as short |
| Aster ADAUSDT | −0.115% | +0.0100% | 8h | $1.1M | $1.0M | 75x | as long as short |
| Variational Omni ADA | −0.096% | +0.0100% | 8h | $4.2M | $1.0M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ADA | −0.090% | +0.0100% | 1h | $156K | $148K | 10x | as long as short |
| KuCoin ADAUSDTM | −0.087% | +0.0100% | 8h | $30.1M | $17.6M | 75x | as long as short |
| Paradex ADA-USD-PERP | −0.086% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | −0.079% | 0.0000% | 8h | $122K | $5.8M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.079% | +0.0072% | 1h | $472K | $6.8M | 50x | as long as short |
| Phemex ADAUSDT | −0.079% | +0.0100% | 8h | $47.4M | $5.1M | 50x | as long as short |
| Binance ADAUSDT | −0.077% | +0.0100% | 8h | $101.2M | $343.1M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]short | −0.075% | L +0.0520% / S −0.0276% | 1h | $112K | — | 100x | |
| dYdX ADA-USD | −0.072% | 0.0000% | 1h | $201K | $2K | 10x | as long as short |
| Polymarket Perps ADA-USD | −0.071% | +0.0100% | 1h | $91K | $727K | 10x | as long as short |
| Hyperliquid ADA | −0.059% | +0.0100% | 1h | $42.5M | $13.7M | 10x | as long as short |
| SoDEX ADA-USD | −0.059% | +0.0100% | 1h | $335 | $13K | 10x | as long as short |
| Reya ADARUSDPERP | −0.058% | +0.0291% | 1h | $1K | — | 15x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.041% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| ApeX Omni ADAUSDT | −0.038% | +0.0100% | 1h | $228K | $455K | 50x | as long as short |
| Orderly PERP_ADA_USDC | −0.038% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Lighter ADA | −0.034% | +0.0096% | 1h | $2.4M | $1.2M | 10x | as long as short |
| Backpack ADA_USDC_PERP | −0.034% | +0.0100% | 1h | $102K | $413K | 15x | as long as short |
| Kraken Futures PF_ADAUSD | −0.032% | +0.0262% | 1h | $6.1M | $10.7M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.009% | +0.0366% | 1h | $475K | $377K | 50x | as long as short |
| Derive ADA-PERP | −0.008% | +0.0100% | 1h | $39K | $3K | 5x | as long as short |
| HTX ADA-USDT | −0.008% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
| SunX ADA-USDTlong | 0.000% | +0.0100% | 8h | $9K | $751K | 30x | |
| edgeX ADAUSDC | +0.043% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| BloFin ADA-USDT | +0.044% | +0.0220% | 8h | $4.4M | $5.3M | 75x | as long as short |
| Phoenix ADA | +0.097% | +0.0166% | 1h | $4K | $89K | 10x | as long as short |