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 Bitget−0.164%55s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as 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−$370.368% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 3 days (all we have)+0.310%+$31 · spread now −0.164%, 7d avg +0.054%
=Funding pays, the price is against you. BloFin is 0.218% cheaper against Bitget than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.054%). If the spread goes back, that is −$22 on $10k: about 6.0 days of funding at the current rate (+$4 a day). The two prices were read 55 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 | Bitget ADAUSDT | 0.2445 | 0.0100 | pay 0.0100% / 8h | 10m 20s | $65.8M | $43.7M | 75x |
| Short | BloFin ADA-USDT | 0.2441 | 0.0220 | get 0.0220% / 8h | 10m 20s | $4.3M | $5.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $25.2
- Price spread: −0.164% → +0.054%
- −$21.77
- Slippage, 4 orders
- −$12.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$33.36
- Costs to cover
- 0.368%
- Break-even
- 16.3 days
Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 2.05 bp | 8.0 bp −$8 | 11.9 bp −$119 | 30.1 bp −$3,013 | 131.4 bp −$65.7K |
| Sell BloFin live order book, 3 min ago | 2.05 bp | 8.0 bp −$8 | 8.0 bp −$80 | 23.5 bp −$2,354 | 52.0 bp −$26.0K |
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 | 0.2443 | −0.076% | $201K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2443 | −0.082% | $213K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2445 | −0.017% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2441 | −0.164% | $404K | $7.3M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2446 | +0.057% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2446 | +0.045% | $42.4M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2444 | −0.038% | $1.2M | $930K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2444 | −0.041% | $157K | $146K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2445 | +0.019% | $101.1M | $366.4M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2444 | −0.041% | $71.1M | $104.1M | 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 | 0.2446 | +0.041% | $32.3M | $107.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2444 | −0.041% | $97.5M | $60.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2444 | −0.041% | $52.3M | $51.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2446 | +0.037% | $29.9M | $18.0M | 75x | as long as short |
| Bitget ADAUSDTlong | +0.0100% | 8h | 0.2445 | long leg | $65.8M | $43.7M | 75x | |
| BingX ADA-USDT | +0.0100% | 8h | 0.2445 | 0.000% | — | $21.3M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2440 | −0.184% | $105K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2439 | −0.239% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2441 | −0.153% | $65K | $280K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2441 | −0.167% | $291K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2441 | −0.164% | $55K | $582K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2446 | +0.025% | $94K | $641K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2445 | 0.000% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2445 | +0.002% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2446 | +0.042% | $9K | $767K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2445 | 0.000% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2445 | +0.009% | $1.3M | $5.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2444 | −0.041% | $47.7M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2446 | +0.034% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2445 | −0.020% | $551K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0114% | 1h | 0.2445 | −0.006% | $6.1M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2442 | −0.102% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDTshort | +0.0220% | 8h | 0.2441 | −0.164% | $4.3M | $5.5M | 75x | |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +1.063% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2444 | −0.039% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0564% / S −0.0313% | 1h | 0.2444 | −0.042% | $121K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4745% | 1h | 0.2506 | +2.479% | $503K | $430K | 50x | as long as short |
Bitget ADAUSDT
BloFin ADA-USDT
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
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
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL