Spread before costs (cost unknown: a leg has no order-book sample)−0.111%
7d average+0.003%if it closes, per $10,000$11funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2447 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $4.2M | $979K | — |
| Short | Hyperliquid ADA | 0.2444 | 0.0100 | get 0.0013% / 1h | 0m 45s | $41.7M | $16.2M | 10x |
Variational Omni ADA
Hyperliquid ADAPrice 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
- −$11.15
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.15
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Hyperliquid: live order book, 4 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 Variational Omni RFQ quote, 5 min ago | 8.15 bp | doesn't fit | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.43 bp | 10.1 bp −$10 | 15.0 bp −$150 | doesn't fit | doesn't fit |
ADA price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2282cheapest
Gate0.2436+6.748%Extended0.2437+6.798%Bybit0.2438+6.836%Bitget0.2438+6.836%BingX0.2438+6.836%KuCoin0.2439+6.876%OKX0.2439+6.880%MEXC0.2439+6.880%Pacifica0.2441+6.947%Binance0.2441+6.970%dYdX0.2442+6.990%Paradex0.2442+7.025%Aster0.2443+7.035%GMX0.2443+7.044%Orderly0.2443+7.055%Phemex0.2443+7.055%Backpack0.2443+7.060%gTrade (Gains Network)0.2443+7.060%Lighter0.2443+7.073%Reya0.2444+7.089%Derive0.2444+7.090%SoDEX0.2444+7.090%Kraken Futures0.2444+7.099%Deribit0.2444+7.099%
Injective
Gate
Extended
Bybit
Bitget
BingX
KuCoin
OKX
MEXC
Pacifica
Binance
dYdX
Paradex
Aster
GMX
Orderly
Phemex
Backpack
gTrade (Gains Network)
Lighter
Reya
Derive
SoDEX
Kraken Futures
DeribitHyperliquid0.2444+7.103%
SunX0.2445+7.140%Coinbase International0.2445+7.143%Polymarket Perps0.2445+7.152%
SunX
Coinbase International
Polymarket PerpsVariational Omni0.2447+7.223%
HTX0.2447+7.223%edgeX0.2447+7.232%Kalshi0.2448+7.274%BloFin0.2448+7.274%ApeX Omni0.2453+7.493%Phoenix0.2454+7.550%
HTX
BloFin
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 | −6.736% | +0.0033% | 1h | $784 | $95K | 12x | as long as short |
| Gate ADA_USDT | −0.442% | +0.0100% | 8h | $93.9M | $55.1M | 75x | as long as short |
| Extended ADA-USD | −0.397% | +0.0104% | 1h | $638K | $1.5M | 50x | as long as short |
| Bybit ADAUSDT | −0.361% | +0.0100% | 8h | $70.5M | $106.8M | 75x | as long as short |
| Bitget ADAUSDT | −0.361% | +0.0100% | 8h | $63.2M | $44.8M | 75x | as long as short |
| BingX ADA-USDT | −0.361% | +0.0100% | 8h | — | $17.3M | — | as long as short |
| KuCoin ADAUSDTM | −0.324% | +0.0100% | 8h | $30.5M | $20.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | −0.320% | +0.0100% | 8h | $32.3M | $102.3M | 50x | as long as short |
| MEXC ADA_USDT | −0.320% | +0.0100% | 8h | $52.8M | $60.6M | 300x | as long as short |
| Pacifica ADA | −0.258% | +0.0100% | 1h | $149K | $138K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | −0.236% | +0.0100% | 8h | $102.7M | $339.6M | 75x | as long as short |
| dYdX ADA-USD | −0.218% | +0.0015% | 1h | $202K | $2K | 10x | as long as short |
| Paradex ADA-USD-PERP | −0.185% | +0.0100% | 8h | $20K | $250 | 20x | as long as short |
| Aster ADAUSDT | −0.175% | +0.0100% | 8h | $1.1M | $1.3M | 75x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | −0.167% | L +0.0545% / S −0.0369% | 1h | $107K | — | 100x | as long as short |
| Orderly PERP_ADA_USDC | −0.156% | +0.0100% | 8h | $6K | $38K | 20x | as long as short |
| Phemex ADAUSDT | −0.156% | +0.0100% | 8h | $47.8M | $5.7M | 50x | as long as short |
| Backpack ADA_USDC_PERP | −0.152% | +0.0100% | 1h | $102K | $417K | 15x | as long as short |
| gTrade (Gains Network) ADA/USD | −0.152% | L +0.0005% / S −0.0003% | 1h | $84K | — | 150x | as long as short |
| Lighter ADA | −0.140% | +0.0096% | 1h | $2.3M | $1.0M | 10x | as long as short |
| Reya ADARUSDPERP | −0.125% | +0.0297% | 1h | $1K | — | 15x | as long as short |
| Derive ADA-PERP | −0.124% | +0.0100% | 1h | $40K | $3K | 5x | as long as short |
| SoDEX ADA-USD | −0.124% | +0.0100% | 1h | $336 | $13K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | −0.116% | +0.0019% | 1h | $6.0M | $11.1M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | −0.116% | 0.0000% | 1h | $457K | $356K | 50x | as long as short |
| Hyperliquid ADAshort | −0.111% | +0.0100% | 1h | $41.7M | $16.2M | 10x | |
| SunX ADA-USDT | −0.077% | +0.0100% | 8h | $9K | $753K | 30x | as long as short |
| Coinbase International ADA-PERP-INTX | −0.075% | +0.0136% | 1h | $454K | $6.3M | 50x | as long as short |
| Polymarket Perps ADA-USD | −0.066% | +0.0100% | 1h | $94K | $717K | 10x | as long as short |
| Variational Omni ADAlong | 0.000% | +0.0100% | 8h | $4.2M | $979K | — | |
| HTX ADA-USDT | 0.000% | +0.0100% | 8h | $1.3M | $4.5M | 75x | as long as short |
| edgeX ADAUSDC | +0.008% | +0.0100% | 4h | $65K | $352K | 20x | as long as short |
| Kalshi KXADAPERP | +0.048% | 0.0000% | 8h | $122K | $5.4M | 3.2x | as long as short |
| BloFin ADA-USDT | +0.048% | +0.0220% | 8h | $4.5M | $6.0M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.252% | +0.0100% | 1h | $92K | $317K | 50x | as long as short |
| Phoenix ADA | +0.305% | +0.0065% | 1h | $4K | $94K | 10x | as long as short |