Funding you earn now, next payment 03:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h −0.022%
Price spread now: gTrade (Gains Network) against Coinbase International−0.226%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.226% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | Coinbase International ADA-PERP-INTX | 0.2477 | 0.0080 | pay 0.0010% / 1h | 27m 23s | $428K | $7.8M | 50x |
| Short | gTrade (Gains Network) ADA/USD | 0.2471 | L +0.0005% / S −0.0003% | get 0.0000% / 1h | 27m 23s | $84K | — | 150x |
Coinbase International ADA-PERP-INTX
gTrade (Gains Network) ADA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$16.15
- Price spread: −0.226% → 0.000%
- −$22.61
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$58.76
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; gTrade (Gains Network): 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 Coinbase International live order book, 2 min ago | 4.04 bp | 11.7 bp −$12 | 17.8 bp −$178 | 67.2 bp −$6,719 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | 0.2475 | −0.084% | $204K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2475 | −0.081% | $149K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDshort | L +0.0005% / S −0.0003% | 1h | 0.2471 | −0.226% | $84K | — | 150x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.242% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTXlong | +0.0080% | 1h | 0.2477 | long leg | $428K | $7.8M | 50x | |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2473 | −0.159% | $6.3M | $12.8M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2478 | +0.036% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2476 | −0.053% | $1.2M | $985K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2477 | −0.008% | $161K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2476 | −0.048% | $105.0M | $369.9M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Injective ADA/USDC PERP
Kraken Futures PF_ADAUSD
Lighter 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 | 0.2474 | −0.121% | $72.1M | $108.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2475 | −0.081% | $33.1M | $105.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2476 | −0.040% | $98.8M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2473 | −0.161% | $60.2M | $60.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2474 | −0.121% | $29.9M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2473 | −0.161% | $66.5M | $49.5M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2477 | 0.000% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2474 | −0.125% | $125K | $442K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2475 | −0.078% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2477 | −0.019% | $66K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2476 | −0.031% | $295K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2482 | +0.202% | $229K | $744K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2474 | −0.113% | $95K | $688K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2474 | −0.121% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2474 | −0.131% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2479 | +0.081% | $8K | $730K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2473 | −0.141% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2478 | +0.042% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2473 | −0.161% | $48.2M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2477 | −0.005% | $536K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2478 | +0.051% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0189% | 1h | 0.2475 | −0.093% | $43.0M | $14.8M | 10x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2482 | +0.182% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2485 | +0.323% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2472 | −0.182% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0478% | 1h | 0.2474 | −0.105% | $600K | $488K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0596% / S −0.0547% | 1h | 0.2471 | −0.243% | $133K | — | 100x | as long as short |
Bybit ADAUSDT
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
Extended ADA-USD
Paradex ADA-USD-PERP
Hyperliquid ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]