Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni+0.323%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs+$1as in the Price arb table
costs, in and out, $10k−$320.315% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 3 days (all we have)−0.379%−$38 · spread now +0.323%, 7d avg +0.001%
=Together, before fees−0.540%+ Points / potential airdropLighter: Season 3 · farm board−$54 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: Lighter is 0.322% dearer against ApeX Omni than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ADAUSDT | 0.2444 | 0.0100 | pay 0.0013% / 1h | 3m 28s | $55K | $583K | 50x |
| Short | Lighter ADA | 0.2452 | 0.0096 | get 0.0012% / 1h | 3m 28s | $2.4M | $1.3M | 10x |
ApeX Omni ADAUSDT
Lighter ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.323% → +0.001%
- $32.24
- Slippage, 4 orders
- −$21.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.1
- Costs to cover
- 0.315%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 9 min ago; Lighter: live order book, 3 min ago.
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, 9 min ago | 4.09 bp | 12.5 bp −$13 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.63 bp | 3.5 bp −$3 | 16.6 bp −$166 | 49.9 bp −$4,992 | doesn't fit |
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 | 0.2451 | +0.270% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2450 | +0.245% | $213K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2451 | +0.268% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2447 | +0.123% | $406K | $7.3M | 50x | as long as short |
| Lighter ADAshort | +0.0096% | 1h | 0.2452 | +0.323% | $2.4M | $1.3M | 10x | |
| Hyperliquid ADA | +0.0100% | 1h | 0.2453 | +0.352% | $42.5M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2451 | +0.286% | $1.2M | $933K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2451 | +0.284% | $157K | $146K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2451 | +0.273% | $101.3M | $366.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2450 | +0.245% | $71.4M | $104.0M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2452 | +0.327% | $32.4M | $107.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2450 | +0.245% | $97.8M | $60.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2450 | +0.245% | $52.4M | $51.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2450 | +0.266% | $30.0M | $18.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2452 | +0.327% | $65.9M | $43.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2450 | +0.245% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2452 | +0.340% | $108K | $419K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2441 | −0.116% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2445 | +0.048% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2444 | 0.000% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDTlong | +0.0100% | 1h | 0.2444 | long leg | $55K | $583K | 50x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2451 | +0.278% | $94K | $641K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2451 | +0.286% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2452 | +0.314% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2452 | +0.328% | $9K | $768K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2451 | +0.299% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2451 | +0.295% | $1.3M | $5.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2451 | +0.286% | $47.9M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2451 | +0.282% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2450 | +0.247% | $553K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0113% | 1h | 0.2451 | +0.295% | $6.2M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2446 | +0.070% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2445 | +0.041% | $4.3M | $5.5M | 75x | as long as short |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +1.105% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2451 | +0.269% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0321% | 1h | 0.2452 | +0.340% | $492K | $430K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0564% / S −0.0313% | 1h | 0.2450 | +0.257% | $122K | — | 100x | as long as short |
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
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Injective ADA/USDC PERP
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]