Funding you earn now, next payment 02:00 UTC+2.4645%/8h= +2698.6% APRpaid last 24h +0.004%
Price spread now: Deribit against Aster+2.502%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs+$210as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)−2.394%−$239 · spread now +2.502%, 7d avg +0.019%
=Together, before fees−2.445%+ Points / potential airdropAster: Stage 5 · farm board−$245 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$739 a day on $10k at the current rate, and Deribit is 2.483% dearer against Aster than usual: you sell high and buy low: +$248 more if the spread goes back to its 7-day average of +0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ADAUSDT | 0.2456 | 0.0100 | pay 0.0100% / 8h | 6h 33m | $1.2M | $975K | 75x |
| Short | Deribit ADA_USDC-PERPETUAL | 0.2518 | 2.4745 | get 0.3093% / 1h | 33m 40s | $515K | $472K | 50x |
Aster ADAUSDT
Deribit ADA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $5,175.45
- Price spread: +2.502% → +0.019%
- $248.35
- Slippage, 4 orders
- −$22.86
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $5,385.94
- Costs to cover
- 0.379%
- Break-even
- from the start
Slippage from Aster: live order book, 4 min ago; Deribit: live order book, 35 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, 4 min ago | 4.09 bp | 14.1 bp −$14 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 35 min ago | 2.62 bp | 6.5 bp −$6 | 14.3 bp −$143 | doesn't fit | doesn't fit |
ADA on 36 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 | 0.2452 | −0.180% | $202K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2456 | −0.002% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.593% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2456 | −0.018% | $404K | $7.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0082% | 8h | 0.2449 | −0.303% | $97.6M | $59.5M | 75x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2455 | −0.058% | $42.8M | $14.4M | 10x | as long as short |
| Aster ADAUSDTlong | +0.0100% | 8h | 0.2456 | long leg | $1.2M | $975K | 75x | |
| Pacifica ADA | +0.0100% | 1h | 0.2452 | −0.200% | $159K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2451 | −0.230% | $102.4M | $375.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2451 | −0.221% | $72.0M | $109.3M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Gate ADA_USDT
Hyperliquid ADA
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2450 | −0.262% | $32.6M | $108.0M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2450 | −0.262% | $49.3M | $51.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | −0.070% | $29.9M | $17.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2450 | −0.262% | $65.4M | $47.0M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2451 | −0.221% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2459 | +0.121% | $126K | $424K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2452 | −0.176% | $4.2M | $991K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | −0.124% | $65K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2437 | −0.802% | $288K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2444 | −0.506% | $56K | $589K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2458 | +0.056% | $92K | $664K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2457 | +0.023% | $6K | $27K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2458 | +0.082% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.103% | $9K | $771K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2458 | +0.064% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2457 | +0.040% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2458 | +0.064% | $47.8M | $6.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2449 | −0.288% | $532K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2452 | −0.176% | $21K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.0113% | 8h | 0.2457 | +0.023% | $159K | $6.3M | 3.2x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2453 | −0.123% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2444 | −0.526% | $4K | $87K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0281% | 1h | 0.2458 | +0.045% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0353% | 1h | 0.2457 | +0.039% | $6.2M | $12.1M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0416% / S −0.0202% | 1h | 0.2457 | +0.010% | $95K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUALshort | +2.4745% | 1h | 0.2518 | +2.502% | $515K | $472K | 50x |
OKX ADA-USDT-SWAP
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
Extended ADA-USD
Paradex ADA-USD-PERP
Kalshi KXADAPERP
Lighter ADA
Phoenix ADA
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]