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 −0.056%

Price spread now: GRVT against BloFin+0.171%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.199%−$20 on $10k

Price spread, last 3 days (all we have)−0.530%−$53 · spread now +0.171%, 7d avg −0.065%

Together, before fees−0.729%+ Points / potential airdropGRVT: Active · farm board−$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.236% dearer against BloFin than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of −0.065%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ADA-USDT	0.2454	0.0220	pay 0.0220% / 8h	1h 12m	$4.4M	$5.4M	75x
Short	GRVT ADA_USDT_Perp	0.2458	0.0100	get 0.0100% / 8h	1h 12m	$292K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.171%Rate

Funding earned: −$25.2
Price spread: +0.171% → −0.065%: $23.58
Slippage, 4 orders: −$23.06
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$45.68
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; GRVT: live order book, 2 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	6.10 bp	12.1 bp −$12	12.1 bp −$121	20.7 bp −$2,074	57.2 bp −$28.6K
Sell GRVT live order book, 2 min ago	2.04 bp	6.5 bp −$7	26.9 bp −$269	doesn't fit	doesn't fit

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	+0.064%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2456	+0.081%	$154K	$6.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2456	+0.062%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2456	+0.081%	$412K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0095%	1h	0.2456	+0.085%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2458	+0.147%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2457	+0.106%	$42.5M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	+0.065%	$1.2M	$922K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2456	+0.086%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2456	+0.081%	$102.0M	$360.3M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2454	0.000%	$71.4M	$102.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2455	+0.041%	$31.9M	$105.8M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2454	0.000%	$97.0M	$59.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2455	+0.041%	$52.8M	$51.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2455	+0.057%	$30.2M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2456	+0.081%	$65.9M	$43.3M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2455	+0.041%	—	$18.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2455	+0.037%	$101K	$415K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2458	+0.171%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2459	+0.198%	$66K	$281K	20x	as long as short
GRVT ADA_USDT_Perpshort	+0.0100%	8h	0.2458	+0.171%	$292K	$3.8M	10x
ApeX Omni ADAUSDT	+0.0100%	1h	0.2460	+0.244%	$55K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2456	+0.065%	$96K	$625K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2456	+0.081%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2457	+0.117%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2457	+0.124%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2456	+0.086%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2457	+0.110%	$1.3M	$5.3M	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	0.2456	+0.085%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2455	+0.061%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2455	+0.049%	$4K	$74K	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0198%	1h	0.2457	+0.126%	$480K	$351K	50x	as long as short
BloFin ADA-USDTlong	+0.0220%	8h	0.2454	long leg	$4.4M	$5.4M	75x
Reya ADARUSDPERP	+0.0285%	1h	0.2456	+0.085%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.693%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0566% / S −0.0313%	1h	0.2455	+0.053%	$122K	—	100x	as long as short