Funding you earn now, next payment 02:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.008%
Price spread now: Coinbase International against Aster+0.040%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.040%, 7d avg −0.042%
=Together, before fees−0.020%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.082% dearer against Aster than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.042%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ADAUSDT | 0.2497 | 0.0100 | pay 0.0100% / 8h | 5h 21m | $1.2M | $998K | 75x |
| Short | Coinbase International ADA-PERP-INTX | 0.2498 | 0.0056 | get 0.0007% / 1h | 21m 10s | $416K | $7.7M | 50x |
Aster ADAUSDT
Coinbase International ADA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. 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
- −$9.24
- Price spread: +0.040% → −0.042%
- $8.17
- Slippage, 4 orders
- −$17.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.98
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Coinbase International: 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 Aster live order book, 2 min ago | 2.01 bp | 8.4 bp −$8 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.01 bp | 9.1 bp −$9 | 16.2 bp −$162 | doesn't fit | 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 | 0.2494 | −0.140% | $205K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2495 | −0.065% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.041% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTXshort | +0.0056% | 1h | 0.2498 | +0.040% | $416K | $7.7M | 50x | |
| Aster ADAUSDTlong | +0.0100% | 8h | 0.2497 | long leg | $1.2M | $998K | 75x | |
| Pacifica ADA | +0.0100% | 1h | 0.2495 | −0.083% | $160K | $161K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2497 | 0.000% | $105.9M | $370.9M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2496 | −0.040% | $72.9M | $110.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2498 | +0.040% | $33.3M | $107.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2495 | −0.080% | $100.0M | $60.2M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2496 | −0.040% | $54.4M | $59.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2495 | −0.068% | $30.0M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2497 | 0.000% | $67.1M | $49.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2497 | 0.000% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2497 | +0.008% | $140K | $432K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2474 | −0.921% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2479 | −0.725% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2482 | −0.590% | $294K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2482 | −0.601% | $229K | $735K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2497 | +0.012% | $97K | $677K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2496 | −0.040% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2496 | −0.040% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2499 | +0.080% | $9K | $745K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2496 | −0.036% | $343 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2497 | +0.016% | $1.3M | $6.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2496 | −0.040% | $48.6M | $6.5M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0104% | 8h | 0.2495 | −0.080% | $162K | $6.3M | 3.2x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2495 | −0.066% | $539K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0111% | 8h | 0.2498 | +0.056% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0133% | 1h | 0.2498 | +0.036% | $43.4M | $14.4M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2480 | −0.665% | $4K | $90K | 10x | as long as short |
| Lighter ADA | +0.0200% | 1h | 0.2497 | +0.020% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2497 | 0.000% | $4.6M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0257% | 1h | 0.2495 | −0.063% | $6.4M | $12.6M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2497 | −0.001% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0419% / S −0.0214% | 1h | 0.2495 | −0.087% | $94K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0752% | 1h | 0.2497 | +0.008% | $590K | $443K | 50x | as long as short |
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Kalshi KXADAPERP
Extended ADA-USD
Paradex ADA-USD-PERP
Hyperliquid ADA
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL