Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.041%
Price spread now: Injective against BloFin+1.105%7-day average −0.437% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.272%−$27 on $10k
+Price spread, last 3 days (all we have)−2.320%−$232 · spread now +1.105%, 7d avg −0.437%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.542% dearer against BloFin than usual: you sell high and buy low: +$154 more if the spread goes back to its 7-day average of −0.437%. Mind the row above: over the last 7 days funding on this pair cost −0.272%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ADA-USDT | 0.2444 | 0.0220 | pay 0.0220% / 8h | 27m 36s | $4.4M | $5.5M | 75x |
| Short | Injective ADA/USDC PERP | 0.2471 | 0.0254 | get 0.0032% / 1h | 27m 36s | $849 | $202K | 12x |
BloFin ADA-USDT
Injective ADA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7.15
- Price spread: +1.105% → −0.437%
- $154.19
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $149.32
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.
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 | 4.07 bp | 12.0 bp −$12 | 17.6 bp −$176 | 22.6 bp −$2,263 | 53.0 bp −$26.5K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2438 | −0.246% | $201K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2444 | 0.000% | $186K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2442 | −0.100% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2441 | −0.123% | $402K | $7.3M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2440 | −0.164% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2440 | −0.160% | $42.2M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2439 | −0.205% | $1.2M | $928K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2439 | −0.211% | $157K | $145K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2439 | −0.190% | $101.4M | $363.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2438 | −0.245% | $70.9M | $103.3M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2440 | −0.164% | $32.2M | $106.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2438 | −0.245% | $96.7M | $59.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2439 | −0.205% | $52.3M | $50.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2440 | −0.180% | $29.9M | $18.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2440 | −0.164% | $65.5M | $43.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2438 | −0.245% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2442 | −0.082% | $108K | $416K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2449 | +0.214% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2442 | −0.080% | $65K | $280K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2449 | +0.206% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2442 | −0.082% | $55K | $582K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2439 | −0.209% | $92K | $634K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2441 | −0.123% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2442 | −0.085% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2442 | −0.084% | $9K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2442 | −0.102% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2442 | −0.082% | $1.3M | $5.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2442 | −0.082% | $47.7M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2439 | −0.200% | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2438 | −0.244% | $551K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0114% | 1h | 0.2442 | −0.096% | $6.1M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2442 | −0.061% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2444 | long leg | $4.4M | $5.5M | 75x | |
| Injective ADA/USDC PERPshort | +0.0254% | 1h | 0.2471 | +1.105% | $849 | $202K | 12x | |
| Reya ADARUSDPERP | +0.0284% | 1h | 0.2439 | −0.199% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0563% / S −0.0313% | 1h | 0.2441 | −0.110% | $121K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4732% | 1h | 0.2503 | +2.406% | $503K | $430K | 50x | as long as short |
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
Kraken Futures PF_ADAUSD
Phoenix ADA
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL