Funding you earn now, next payment 23:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.059%
Price spread now: dYdX against BloFin−0.201%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1811.808% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.201%, 7d avg −0.057%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 0.144% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ADA-USDT | 0.2466 | 0.0220 | pay 0.0220% / 8h | 1h 36m | $4.4M | $5.5M | 75x |
| Short | dYdX ADA-USD | 0.2461 | 0 | get 0.0000% / 1h | 36m 04s | $202K | $4K | 10x |
BloFin ADA-USDT
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BloFin. 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
- −$46.2
- Price spread: −0.201% → −0.057%
- −$14.37
- Slippage, 4 orders
- −$158.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$241.39
- Costs to cover
- 1.808%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; dYdX: live order book, 48 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, 3 min ago | 6.06 bp | 12.1 bp −$12 | 12.1 bp −$121 | 16.6 bp −$1,664 | 39.2 bp −$19.6K |
| Sell dYdX live order book, 48 min ago | 73.35 bp | 78.3 bp −$78 | 144.4 bp −$1,444 | 154.6 bp −$15.5K | 164.3 bp −$82.1K |
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-USDshort | 0.0000% | 1h | 0.2461 | −0.201% | $202K | $4K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2462 | −0.162% | $159K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2461 | −0.218% | $85K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2467 | +0.041% | $418K | $7.3M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0075% | 1h | 0.2462 | −0.170% | $478K | $351K | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0095% | 1h | 0.2460 | −0.246% | $6.2M | $11.5M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2462 | −0.166% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2460 | −0.223% | $42.6M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2461 | −0.209% | $1.2M | $920K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2463 | −0.126% | $158K | $146K | 10x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Deribit ADA_USDC-PERPETUAL
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2461 | −0.213% | $102.1M | $357.0M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2460 | −0.243% | $71.6M | $100.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2461 | −0.203% | $31.9M | $105.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2459 | −0.284% | $97.2M | $58.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2460 | −0.243% | $53.1M | $50.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2461 | −0.207% | $30.4M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2460 | −0.243% | $65.9M | $42.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2460 | −0.243% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2460 | −0.235% | $103K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2473 | +0.293% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2472 | +0.251% | $66K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2471 | +0.214% | $291K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2474 | +0.324% | $56K | $580K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2461 | −0.219% | $97K | $623K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2461 | −0.203% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2462 | −0.175% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2463 | −0.121% | $9K | $757K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2460 | −0.223% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2461 | −0.208% | $1.3M | $5.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2460 | −0.243% | $48.0M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2462 | −0.177% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2461 | −0.199% | $558K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0131% | 1h | 0.2472 | +0.223% | $4K | $74K | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2466 | long leg | $4.4M | $5.5M | 75x | |
| Reya ADARUSDPERP | +0.0285% | 1h | 0.2461 | −0.199% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERP | +0.0288% | 1h | 0.2471 | +0.203% | $849 | $202K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0566% / S −0.0313% | 1h | 0.2460 | −0.227% | $122K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
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
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
Reya ADARUSDPERP
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]