Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average+0.045%if it closes, per $10,000$6funding while held, a day+$4.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2442 | 0.0100 | pay 0.0100% / 8h | 7h 28m | $4.2M | $1.0M | — |
| Short | Deribit ADA_USDC-PERPETUAL | 0.2440 | 0.0242 | get 0.0030% / 1h | 28m 48s | $468K | $408K | 50x |
Variational Omni ADA
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
- −$5.87
- Funding while held
- $4.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$8.61
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Deribit: live order book, 16 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0142%
- Per $10,000 a day
- +$4.26
- 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 Variational Omni RFQ quote, 2 min ago | 6.14 bp | doesn't fit | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 16 min ago | 3.27 bp | 7.1 bp −$7 | 14.4 bp −$144 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2424cheapestGate0.2437+0.536%Extended0.2438+0.559%Bybit0.2438+0.578%MEXC0.2438+0.578%Bitget0.2438+0.578%BingX0.2438+0.578%Coinbase International0.2438+0.578%dYdX0.2438+0.585%Pacifica0.2438+0.597%SoDEX0.2439+0.598%Paradex0.2439+0.604%Binance0.2439+0.605%GMX0.2439+0.608%KuCoin0.2439+0.611%Aster0.2439+0.614%OKX0.2439+0.619%Orderly0.2439+0.619%Phemex0.2439+0.619%BloFin0.2439+0.619%HTX0.2439+0.620%Polymarket Perps0.2439+0.623%Lighter0.2439+0.627%gTrade (Gains Network)0.2439+0.629%Backpack0.2439+0.635%Reya0.2439+0.638%Derive0.2440+0.641%Kraken Futures0.2440+0.644%Hyperliquid0.2440+0.660%Kalshi0.2440+0.660%
Injective
Gate
Extended
Bybit
MEXC
Bitget
BingX
Coinbase International
dYdX
Pacifica
SoDEX
Paradex
Binance
GMX
KuCoin
Aster
OKX
Orderly
Phemex
BloFin
HTX
Polymarket Perps
Lighter
gTrade (Gains Network)
Backpack
Reya
Derive
Kraken Futures
HyperliquidDeribit0.2440+0.668%
Variational Omni0.2442+0.727%
SunX0.2442+0.741%ApeX Omni0.2444+0.825%edgeX0.2446+0.902%Phoenix0.2447+0.928%
SunX
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 | −0.722% | +0.0033% | 1h | $832 | $124K | 12x | as long as short |
| Gate ADA_USDT | −0.190% | +0.0100% | 8h | $94.9M | $56.7M | 75x | as long as short |
| Extended ADA-USD | −0.167% | +0.0104% | 1h | $603K | $1.7M | 50x | as long as short |
| Bybit ADAUSDT | −0.149% | +0.0100% | 8h | $71.2M | $109.9M | 75x | as long as short |
| MEXC ADA_USDT | −0.149% | +0.0100% | 8h | $51.6M | $63.4M | 300x | as long as short |
| Bitget ADAUSDT | −0.149% | +0.0100% | 8h | $64.6M | $46.8M | 75x | as long as short |
| BingX ADA-USDC | −0.149% | +0.0100% | 8h | — | $6.6M | — | as long as short |
| Coinbase International ADA-PERP-INTX | −0.149% | +0.0112% | 1h | $487K | $7.2M | 50x | as long as short |
| dYdX ADA-USD | −0.142% | 0.0000% | 1h | $202K | $2K | 10x | as long as short |
| Pacifica ADA | −0.129% | +0.0100% | 1h | $159K | $177K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ADA-USD | −0.128% | +0.0100% | 1h | $715 | $13K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.123% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Binance ADAUSDT | −0.121% | +0.0100% | 8h | $101.6M | $365.7M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.119% | L +0.0521% / S −0.0276% | 1h | $112K | — | 100x | as long as short |
| KuCoin ADAUSDTM | −0.116% | +0.0100% | 8h | $30.0M | $20.7M | 75x | as long as short |
| Aster ADAUSDT | −0.112% | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.108% | +0.0100% | 8h | $32.2M | $108.8M | 50x | as long as short |
| Orderly PERP_ADA_USDC | −0.108% | +0.0100% | 8h | $6K | $36K | 20x | as long as short |
| Phemex ADAUSDT | −0.108% | +0.0100% | 8h | $47.6M | $6.0M | 50x | as long as short |
| BloFin ADA-USDT | −0.108% | +0.0220% | 8h | $4.4M | $6.3M | 75x | as long as short |
| HTX ADA-USDT | −0.107% | +0.0100% | 8h | $1.3M | $5.1M | 75x | as long as short |
| Polymarket Perps ADA-USD | −0.104% | +0.0100% | 1h | $93K | $738K | 10x | as long as short |
| Lighter ADA | −0.100% | +0.0096% | 1h | $2.2M | $1.0M | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.098% | L +0.0005% / S −0.0003% | 1h | $86K | — | 150x | as long as short |
| Backpack ADA_USDC_PERP | −0.092% | +0.0100% | 1h | $103K | $427K | 15x | as long as short |
| Reya ADARUSDPERP | −0.089% | +0.0293% | 1h | $1K | — | 15x | as long as short |
| Derive ADA-PERP | −0.085% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| Kraken Futures PF_ADAUSD | −0.083% | +0.0140% | 1h | $6.0M | $11.4M | 50x | as long as short |
| Hyperliquid ADA | −0.067% | +0.0113% | 1h | $42.6M | $16.9M | 10x | as long as short |
| Kalshi KXADAPERP | −0.067% | 0.0000% | 8h | $83K | $5.8M | 3.2x | as long as short |
| Deribit ADA_USDC-PERPETUALshort | −0.059% | +0.0242% | 1h | $468K | $408K | 50x | |
| Variational Omni ADAlong | 0.000% | +0.0100% | 8h | $4.2M | $1.0M | — | |
| SunX ADA-USDT | +0.013% | +0.0100% | 8h | $9K | $801K | 30x | as long as short |
| ApeX Omni ADAUSDT | +0.097% | +0.0100% | 1h | $228K | $452K | 50x | as long as short |
| edgeX ADAUSDC | +0.174% | +0.0100% | 4h | $65K | $278K | 20x | as long as short |
| Phoenix ADA | +0.199% | +0.0131% | 1h | $4K | $103K | 10x | as long as short |