ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.009%

Price spread now: Pacifica against Coinbase International−0.058%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.058%, 7d avg +0.032%

Together, before fees+0.217%+ Points / potential airdropPacifica: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.089% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.032%). If the spread goes back, that is −$9 on $10k: about 5.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ADA-PERP-INTX	0.2456	0.0048	pay 0.0006% / 1h	10m 03s	$406K	$7.4M	50x
Short	Pacifica ADA	0.2455	0.0100	get 0.0013% / 1h	10m 03s	$158K	$157K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee PacificabpOrdersPrice spread, now −0.058%Rate

Funding earned: $10.92
Price spread: −0.058% → +0.032%: −$8.94
Slippage, 4 orders: −$19.69
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$35.72
Costs to cover: 0.377%
Break-even: 29.9 days

Slippage from Coinbase International: live order book, 4 min ago; Pacifica: live order book, 58 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, 4 min ago	4.07 bp	9.1 bp −$9	17.7 bp −$177	91.0 bp −$9,095	doesn't fit
Sell Pacifica live order book, 58 min ago	2.62 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

ADA on 36 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	0.2453	−0.116%	$202K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2450	−0.228%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.611%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTXlong	+0.0048%	1h	0.2456	long leg	$406K	$7.4M	50x
Hyperliquid ADA	+0.0100%	1h	0.2451	−0.200%	$42.7M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2451	−0.203%	$1.2M	$977K	75x	as long as short
Pacifica ADAshort	+0.0100%	1h	0.2455	−0.058%	$158K	$157K	10x
Binance ADAUSDT	+0.0100%	8h	0.2448	−0.306%	$102.8M	$371.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2449	−0.285%	$72.0M	$108.7M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2446	−0.407%	$32.6M	$107.0M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2448	−0.326%	$97.8M	$60.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2446	−0.407%	$58.8M	$52.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2448	−0.342%	$29.8M	$17.6M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2446	−0.407%	$65.5M	$47.2M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2451	−0.204%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2449	−0.277%	$129K	$410K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2455	−0.038%	$4.2M	$992K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2452	−0.143%	$65K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2455	−0.060%	$297K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2457	+0.041%	$56K	$590K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2453	−0.138%	$93K	$670K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2450	−0.244%	$6K	$16K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2452	−0.173%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2453	−0.125%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2451	−0.200%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2451	−0.217%	$1.3M	$5.8M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2450	−0.244%	$47.7M	$6.3M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2445	−0.432%	$532K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0108%	8h	0.2455	−0.038%	$21K	$250	20x	as long as short
Kalshi KXADAPERP	+0.0108%	8h	0.2454	−0.081%	$163K	$6.3M	3.2x	as long as short
Phoenix ADA	+0.0163%	1h	0.2456	−0.004%	$4K	$87K	10x	as long as short
Lighter ADA	+0.0200%	1h	0.2453	−0.130%	$2.4M	$1.0M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0240%	1h	0.2451	−0.191%	$501K	$470K	50x	as long as short
Reya ADARUSDPERP	+0.0281%	1h	0.2452	−0.164%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0354%	1h	0.2451	−0.222%	$6.2M	$12.1M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0415% / S −0.0202%	1h	0.2450	−0.246%	$95K	—	100x	as long as short