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

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against ApeX Omni−0.269%72s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.269%, 7d avg −0.047%
Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.222% cheaper against ApeX Omni than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ADAUSDT0.25070.0100pay 0.0013% / 1h32m 15s$231K$753K50x
ShortExtended ADA-USD0.25000.0104get 0.0013% / 1h32m 15s$542K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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
$0.84
Price spread: −0.269% → −0.047%
−$22.18
Slippage, 4 orders
−$22.85
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$59.18
Costs to cover
0.378%
Break-even
500.2 days
Slippage from ApeX Omni: live order book, 22 min ago; Extended: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 22 min ago7.98 bp14.9 bp −$1542.8 bp −$428doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago2.00 bp4.5 bp −$57.4 bp −$74doesn't fitdoesn't fit

ADA on 37 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%1h0.2498−0.356%$206K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2502−0.199%$152K$6.8M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2499−0.308%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0025%1h0.2500−0.279%$6.4M$13.0M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−1.436%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2500−0.279%$392K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2502−0.207%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2500−0.281%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2500−0.262%$161K$170K10xas long as short
Binance ADAUSDT+0.0100%8h0.2501−0.248%$106.7M$382.9M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2499−0.319%$74.9M$112.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2501−0.239%$33.5M$110.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2498−0.359%$102.1M$60.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2499−0.319%$61.2M$61.8M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2500−0.283%$30.1M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2500−0.279%$68.0M$51.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2501−0.239%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2508+0.042%$4.4M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2507+0.010%$67K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.25070.000%$303K$3.9M10xas long as short
ApeX Omni ADAUSDTlong+0.0100%1h0.2507long leg$231K$753K50x
Polymarket Perps ADA-USD+0.0100%1h0.2500−0.263%$96K$617K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2500−0.279%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2501−0.244%$41K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2501−0.241%$9K$738K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2500−0.259%$344$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2500−0.283%$1.4M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2500−0.279%$48.7M$6.9M50xas long as short
Extended ADA-USDshort+0.0104%1h0.2500−0.269%$542K$1.8M50x
Paradex ADA-USD-PERP+0.0113%8h0.2502−0.195%$21K$25020xas long as short
Phoenix ADA+0.0161%1h0.2508+0.032%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2501−0.239%$4.6M$5.9M75xas long as short
Reya ADARUSDPERP+0.0277%1h0.2499−0.300%$1K15xas long as short
Backpack ADA_USDC_PERP+0.0317%1h0.2501−0.231%$139K$463K15xas long as short
Hyperliquid ADA+0.0477%1h0.2502−0.203%$44.8M$16.0M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0550%1h0.2502−0.211%$621K$523K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0616% / S −0.0569%1h0.2500−0.296%$139K100xas long as short