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: OKX against BloFin−0.041%63s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$300.301% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now −0.041%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 63 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 | BloFin ADA-USDT | 0.2455 | 0.0220 | pay 0.0220% / 8h | 1h 10m | $4.4M | $5.4M | 75x |
| Short | OKX ADA-USDT-SWAP | 0.2454 | 0.0100 | get 0.0100% / 8h | 1h 10m | $31.8M | $105.7M | 50x |
BloFin ADA-USDT
OKX ADA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$25.2
- Price spread: −0.041% → −0.037%
- −$0.42
- Slippage, 4 orders
- −$8.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$55.76
- Costs to cover
- 0.301%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; OKX: live order book, 4 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 | 2.04 bp | 8.0 bp −$8 | 10.9 bp −$109 | 24.3 bp −$2,430 | 63.8 bp −$31.9K |
| Sell OKX live order book, 4 min ago | 2.04 bp | 7.0 bp −$7 | 12.9 bp −$129 | 46.1 bp −$4,607 | 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 | 0.2452 | −0.137% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2453 | −0.081% | $156K | $6.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2452 | −0.141% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2456 | +0.041% | $412K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0095% | 1h | 0.2453 | −0.065% | $6.2M | $11.6M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2455 | −0.020% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2452 | −0.118% | $42.5M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2452 | −0.135% | $1.2M | $923K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2452 | −0.110% | $157K | $146K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2453 | −0.081% | $101.9M | $360.5M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2453 | −0.081% | $71.3M | $102.3M | 75x | as long as short |
| OKX ADA-USDT-SWAPshort | +0.0100% | 8h | 0.2454 | −0.041% | $31.8M | $105.7M | 50x | |
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.163% | $96.9M | $59.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2451 | −0.163% | $52.4M | $51.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | −0.130% | $30.1M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2452 | −0.122% | $65.7M | $43.3M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2451 | −0.163% | — | $18.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2454 | −0.041% | $102K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.075% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2455 | −0.015% | $65K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2453 | −0.079% | $294K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2454 | −0.041% | $55K | $581K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2451 | −0.159% | $96K | $625K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2452 | −0.122% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.085% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.002% | $9K | $759K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2453 | −0.081% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.086% | $1.3M | $5.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.122% | $47.8M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2452 | −0.135% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2451 | −0.143% | $554K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0131% | 1h | 0.2455 | +0.008% | $4K | $74K | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2455 | long leg | $4.4M | $5.4M | 75x | |
| Deribit ADA_USDC-PERPETUAL | +0.0239% | 1h | 0.2453 | −0.086% | $479K | $351K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0285% | 1h | 0.2451 | −0.180% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERP | +0.0288% | 1h | 0.2471 | +0.652% | $849 | $202K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0566% / S −0.0313% | 1h | 0.2451 | −0.159% | $122K | — | 100x | as long as short |
Bybit ADAUSDT
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
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
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]