Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.004%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.004%, 7d avg +0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ADAUSDT | 0.2463 | 0.0100 | pay 0.0100% / 8h | 7h 19m | $72.5M | $104.5M | 75x |
| Short | Binance ADAUSDT | 0.2463 | 0.0100 | get 0.0100% / 8h | 7h 19m | $102.6M | $365.6M | 75x |
Bybit ADAUSDT
Binance ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.004% → +0.014%
- −$1.83
- Slippage, 4 orders
- −$8.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.93
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 9 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 Bybit live order book, 4 min ago | 2.03 bp | 7.5 bp −$8 | 11.1 bp −$111 | 27.9 bp −$2,786 | 134.5 bp −$67.3K |
| Sell Binance live order book, 9 min ago | 2.03 bp | 7.0 bp −$7 | 10.9 bp −$109 | 29.1 bp −$2,907 | 87.8 bp −$43.9K |
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 | 0.2462 | −0.040% | $203K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2467 | +0.162% | $189K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2465 | +0.101% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.325% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2462 | −0.041% | $412K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2468 | +0.213% | $6.3M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2473 | +0.422% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2465 | +0.070% | $1.2M | $950K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2464 | +0.052% | $158K | $150K | 10x | as long as short |
| Binance ADAUSDTshort | +0.0100% | 8h | 0.2463 | −0.004% | $102.6M | $365.6M | 75x |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDTlong | +0.0100% | 8h | 0.2463 | long leg | $72.5M | $104.5M | 75x | |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2464 | +0.041% | $32.6M | $106.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2462 | −0.041% | $98.4M | $59.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2462 | −0.041% | $53.3M | $51.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2465 | +0.073% | $30.2M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2462 | −0.041% | $66.1M | $44.5M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2464 | +0.041% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2466 | +0.106% | $128K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2465 | +0.085% | $4.2M | $967K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2466 | +0.129% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2466 | +0.122% | $292K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2466 | +0.122% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2465 | +0.085% | $95K | $649K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2467 | +0.162% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2468 | +0.208% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2467 | +0.162% | $9K | $766K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2468 | +0.203% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2468 | +0.209% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2468 | +0.203% | $48.2M | $5.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2464 | +0.058% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2462 | −0.043% | $537K | $1.8M | 50x | as long as short |
| Lighter ADA | +0.0176% | 1h | 0.2465 | +0.093% | $2.5M | $1.1M | 10x | as long as short |
| Hyperliquid ADA | +0.0213% | 1h | 0.2466 | +0.114% | $43.1M | $14.2M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2467 | +0.162% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2466 | +0.123% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0627% / S −0.0393% | 1h | 0.2466 | +0.125% | $142K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4760% | 1h | 0.2529 | +2.667% | $508K | $433K | 50x | as long as short |
OKX ADA-USDT-SWAP
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
Lighter ADA
Hyperliquid ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL