ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: Bybit against BloFin+0.122%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$310.312% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 3 days (all we have)−0.204%−$20 · spread now +0.122%, 7d avg −0.059%

Together, before fees−0.447%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.181% dearer against BloFin than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.059%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ADA-USDT	0.2450	0.0220	pay 0.0220% / 8h	7h 42m	$4.4M	$5.5M	75x
Short	Bybit ADAUSDT	0.2453	0.0100	get 0.0100% / 8h	7h 42m	$71.6M	$103.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$25.2
Price spread: +0.122% → −0.059%: $18.13
Slippage, 4 orders: −$8.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$38.25
Costs to cover: 0.312%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 1 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 BloFin live order book, 6 min ago	2.05 bp	8.0 bp −$8	9.4 bp −$94	19.2 bp −$1,917	51.6 bp −$25.8K
Sell Bybit live order book, 1 min ago	2.04 bp	7.5 bp −$8	11.9 bp −$119	36.2 bp −$3,622	137.9 bp −$68.9K

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	0.2452	+0.066%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2454	+0.163%	$195K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2453	+0.103%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.857%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2450	0.000%	$413K	$7.2M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2453	+0.130%	$6.2M	$11.7M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2454	+0.176%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0098%	1h	0.2445	−0.200%	$4K	$84K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2454	+0.167%	$42.6M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2453	+0.132%	$1.2M	$939K	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ADA	+0.0100%	1h	0.2453	+0.116%	$158K	$145K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2453	+0.132%	$101.5M	$364.4M	75x	as long as short
Bybit ADAUSDTshort	+0.0100%	8h	0.2453	+0.122%	$71.6M	$103.3M	75x
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2453	+0.122%	$32.4M	$106.6M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2453	+0.122%	$97.9M	$58.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2452	+0.082%	$52.6M	$50.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2453	+0.135%	$30.1M	$17.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2453	+0.122%	$65.9M	$43.8M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2454	+0.163%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2454	+0.171%	$108K	$412K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2442	−0.322%	$4.2M	$944K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2446	−0.176%	$65K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2447	−0.122%	$295K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2446	−0.163%	$55K	$583K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2451	+0.033%	$93K	$644K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2453	+0.122%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2454	+0.165%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2451	+0.040%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2454	+0.143%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2454	+0.153%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2453	+0.122%	$47.9M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2454	+0.143%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2454	+0.163%	$552K	$1.8M	50x	as long as short
BloFin ADA-USDTlong	+0.0220%	8h	0.2450	long leg	$4.4M	$5.5M	75x
Reya ADARUSDPERP	+0.0283%	1h	0.2452	+0.063%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0361%	1h	0.2455	+0.188%	$495K	$431K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0623% / S −0.0393%	1h	0.2453	+0.103%	$141K	—	100x	as long as short