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

ADA

all ADA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against SunX−0.020%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ADA-USDT0.24510.0100pay 0.0100% / 8h5h 56m$9K$747K30x
ShortParadex ADA-USD-PERP0.24500.0107get 0.0107% / 8h5h 56m$21K$25020x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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
$1.44
Price spread: −0.020% → 0.000%
−$1.99
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$12.55
Costs to cover
0.120%
Break-even
67.9 days
Slippage unknown: SunX: live order book, 45 min ago; Paradex: no order-book sample. 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 SunX live order book, 45 min ago20.79 bp24.8 bp −$2531.7 bp −$317doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 35 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%1h0.2450−0.050%$202K$3K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.818%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2448−0.120%$410K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2453+0.065%$42.7M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2450−0.043%$1.2M$982K75xas long as short
Pacifica ADA+0.0100%1h0.2450−0.027%$157K$158K10xas long as short
Binance ADAUSDT+0.0100%8h0.2455+0.167%$103.1M$366.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2455+0.165%$72.5M$107.4M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2456+0.206%$32.6M$105.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2450−0.039%$97.9M$58.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ADA_USDT+0.0100%8h0.2452+0.043%$65.0M$53.3M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2452+0.055%$29.8M$17.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2455+0.165%$65.7M$47.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2453+0.084%$6.5Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2452+0.063%$127K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2456+0.209%$4.2M$991Kas long as short
edgeX ADAUSDC+0.0100%4h0.2456+0.217%$65K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2455+0.165%$289K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2455+0.165%$56K$590K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2450−0.043%$94K$672K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2450−0.039%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2451−0.005%$40K$3K5xas long as short
SunX ADA-USDTlong+0.0100%8h0.2451long leg$9K$747K30x
SoDEX ADA-USD+0.0100%1h0.2450−0.039%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2451−0.004%$1.3M$5.9M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2450−0.039%$47.7M$6.3M50xas long as short
Extended ADA-USD+0.0104%1h0.2454+0.122%$532K$1.8M50xas long as short
Kalshi KXADAPERP+0.0106%8h0.2450−0.039%$126K$6.2M3.2xas long as short
Paradex ADA-USD-PERPshort+0.0107%8h0.2450−0.020%$21K$25020x
Lighter ADA+0.0128%1h0.2452+0.039%$2.4M$1.0M10xas long as short
Phoenix ADA+0.0163%1h0.2454+0.141%$4K$90K10xas long as short
Kraken Futures PF_ADAUSD+0.0262%1h0.2449−0.060%$6.2M$12.1M50xas long as short
Reya ADARUSDPERP+0.0280%1h0.2449−0.099%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0281%1h0.2451+0.002%$501K$470K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0416% / S −0.0202%1h0.2450−0.043%$95K100xas long as short