Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Coinbase International−0.187%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.187%, 7d avg −0.005%
=Together, before fees+0.191%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.182% cheaper against Coinbase International than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ADA-PERP-INTX | 0.2467 | 0.0104 | pay 0.0013% / 1h | 42m 58s | $395K | $8.3M | 50x |
| Short | Extended ADA-USD | 0.2462 | 0.0104 | get 0.0013% / 1h | 42m 58s | $534K | $1.8M | 50x |
Coinbase International ADA-PERP-INTX
Extended ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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: −0.187% → −0.005%
- −$18.19
- Slippage, 4 orders
- −$16.21
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$49.4
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Extended: live order book, 6 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 Coinbase International live order book, 1 min ago | 6.08 bp | 11.1 bp −$11 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 2.02 bp | 4.5 bp −$5 | 7.3 bp −$73 | 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 | 0.2465 | −0.083% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2468 | +0.041% | $151K | $7.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2462 | −0.182% | $84K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0019% | 1h | 0.2461 | −0.224% | $6.3M | $13.3M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2470 | +0.118% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.162% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2464 | −0.130% | $2.4M | $987K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2463 | −0.154% | $43.8M | $16.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2464 | −0.131% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2466 | −0.026% | $158K | $170K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
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 | 0.2464 | −0.115% | $104.0M | $393.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2464 | −0.122% | $73.1M | $117.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2466 | −0.041% | $33.0M | $112.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2462 | −0.203% | $99.7M | $62.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2462 | −0.203% | $59.1M | $62.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2463 | −0.178% | $29.6M | $15.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2462 | −0.203% | $67.0M | $51.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2464 | −0.122% | — | $19.9M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | +0.003% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2470 | +0.120% | $66K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2471 | +0.162% | $289K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2470 | +0.122% | $229K | $760K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2463 | −0.154% | $94K | $635K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2461 | −0.243% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2462 | −0.184% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2463 | −0.162% | $8K | $748K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2462 | −0.203% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2466 | −0.044% | $1.3M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2461 | −0.243% | $48.0M | $7.0M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2467 | −0.018% | $21K | $250 | 20x | as long as short |
| Extended ADA-USDshort | +0.0104% | 1h | 0.2462 | −0.187% | $534K | $1.8M | 50x | |
| Coinbase International ADA-PERP-INTXlong | +0.0104% | 1h | 0.2467 | long leg | $395K | $8.3M | 50x | |
| Backpack ADA_USDC_PERP | +0.0113% | 1h | 0.2462 | −0.223% | $124K | $457K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0116% | 1h | 0.2463 | −0.178% | $605K | $542K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2463 | −0.162% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2463 | −0.161% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0623% / S −0.0585% | 1h | 0.2461 | −0.235% | $140K | — | 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-USDT
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
Backpack ADA_USDC_PERP
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]