ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against BingX−0.041%96s7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.474% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.208%+$21 on $10k

Price spread, last 3 days (all we have)+0.491%+$49 · spread now −0.041%, 7d avg +0.040%

Together, before fees+0.699%+$70 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.080% cheaper against BingX than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.040%). If the spread goes back, that is −$8 on $10k: about 2.2 days of funding at the current rate (+$4 a day). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ADA-USDC	0.2456	0.0100	pay 0.0100% / 8h	2h 55m	—	$6.6M	—
Short	BloFin ADA-USDT	0.2455	0.0220	get 0.0220% / 8h	2h 55m	$4.4M	$5.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now −0.041%Rate

Funding earned: $25.2
Price spread: −0.041% → +0.040%: −$8.04
Slippage, 4 orders: −$25.37
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$30.21
Costs to cover: 0.474%
Break-even: 15.4 days

Slippage from BingX: live order book, 11 min ago; BloFin: 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 BingX live order book, 11 min ago	2.03 bp	14.8 bp −$15	22.4 bp −$224	75.5 bp −$7,545	628.3 bp −$314.2K
Sell BloFin live order book, 3 min ago	2.04 bp	12.1 bp −$12	12.1 bp −$121	18.3 bp −$1,834	44.9 bp −$22.5K

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	0.2456	−0.013%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2453	−0.122%	$153K	$5.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2453	−0.133%	$87K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2454	−0.081%	$391K	$7.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2457	+0.057%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2456	−0.012%	$42.5M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	−0.001%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2456	−0.012%	$157K	$148K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2459	+0.114%	$102.3M	$355.4M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2457	+0.041%	$71.2M	$99.9M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2459	+0.122%	$32.3M	$105.6M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2455	−0.041%	$97.4M	$56.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2455	−0.041%	$52.9M	$56.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2456	−0.012%	$30.7M	$18.5M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2455	−0.041%	$65.6M	$42.7M	75x	as long as short
BingX ADA-USDClong	+0.0100%	8h	0.2456	long leg	—	$6.6M	—
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2456	0.000%	$102K	$421K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2453	−0.102%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2454	−0.064%	$65K	$278K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2453	−0.110%	$295K	$4.0M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2452	−0.163%	$55K	$579K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2454	−0.102%	$96K	$700K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2454	−0.081%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2455	−0.046%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2456	−0.002%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2455	−0.020%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2456	−0.005%	$1.3M	$4.9M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2455	−0.041%	$47.9M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2457	+0.044%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2456	−0.012%	$564K	$1.8M	50x	as long as short
Phoenix ADA	+0.0163%	1h	0.2454	−0.102%	$4K	$82K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2455	−0.041%	$4.4M	$5.4M	75x
Deribit ADA_USDC-PERPETUAL	+0.0239%	1h	0.2456	+0.016%	$477K	$359K	50x	as long as short
Reya ADARUSDPERP	+0.0287%	1h	0.2453	−0.124%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0336%	1h	0.2456	−0.001%	$6.2M	$11.6M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0521% / S −0.0277%	1h	0.2453	−0.131%	$113K	—	100x	as long as short
Injective ADA/USDC PERP	+0.0533%	1h	0.2457	+0.041%	$844	$95K	12x	as long as short