Funding you earn now, next payment 01:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.046%
Price spread now: GMX against ApeX Omni+0.383%7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.145%+$14 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.383%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and GMX is 0.376% dearer against ApeX Omni than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ADAUSDT | 0.2471 | 0.0100 | pay 0.0013% / 1h | 15m 10s | $56K | $585K | 50x |
| Short | GMX ADA/USD [WBTC.b-USDC] | 0.2480 | L +0.0629% / S −0.0393% | get 0.0049% / 1h | 15m 10s | $143K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $61.49
- Price spread: +0.383% → +0.007%
- $37.62
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $77.12
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 58 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 58 min ago | 4.09 bp | 12.5 bp −$13 | 40.9 bp −$409 | 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 on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2480 | +0.348% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2481 | +0.405% | $203K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2481 | +0.422% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | 0.000% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2480 | +0.364% | $418K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2481 | +0.423% | $6.3M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2475 | +0.146% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2482 | +0.447% | $1.2M | $951K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2480 | +0.378% | $159K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2481 | +0.405% | $103.4M | $366.3M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2481 | +0.405% | $72.8M | $105.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2481 | +0.405% | $32.9M | $107.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2480 | +0.364% | $99.1M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2480 | +0.364% | $52.2M | $51.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2482 | +0.437% | $30.5M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2481 | +0.405% | $66.8M | $44.6M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2481 | +0.405% | — | $20.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2482 | +0.453% | $136K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2474 | +0.126% | $4.3M | $968K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2467 | −0.153% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2468 | −0.119% | $292K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDTlong | +0.0100% | 1h | 0.2471 | long leg | $56K | $585K | 50x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2482 | +0.441% | $95K | $649K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2482 | +0.445% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2483 | +0.475% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2483 | +0.484% | $9K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2482 | +0.425% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2483 | +0.478% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2482 | +0.445% | $48.5M | $5.7M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2482 | +0.443% | $540K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2482 | +0.444% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2483 | +0.494% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2481 | +0.405% | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADA | +0.0234% | 1h | 0.2483 | +0.494% | $43.4M | $14.2M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2482 | +0.446% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]short | L +0.0629% / S −0.0393% | 1h | 0.2480 | +0.383% | $143K | — | 100x | |
| Deribit ADA_USDC-PERPETUAL | +2.4735% | 1h | 0.2544 | +2.934% | $511K | $434K | 50x | as long as short |
ApeX Omni ADAUSDT
GMX ADA/USD [WBTC.b-USDC]
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
BloFin ADA-USDT
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL