ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0227%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.070%

Price spread now: Reya against Coinbase International−0.120%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.120% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 42 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ADA-PERP-INTX	0.2445	0.0056	pay 0.0007% / 1h	5m 48s	$405K	$7.3M	50x
Short	Reya ADARUSDPERP	0.2442	0.0283	get 0.0035% / 1h	5m 48s	$1K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.120%Rate

Funding earned: $47.74
Price spread: −0.120% → 0.000%: −$12
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $19.73
Costs to cover: 0.160%
Break-even: 4.1 days

Slippage unknown: Coinbase International: live order book, 3 min ago; Reya: 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, 3 min ago	4.09 bp	13.0 bp −$13	19.1 bp −$191	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	0.2445	−0.013%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2445	0.000%	$213K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2443	−0.100%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTXlong	+0.0056%	1h	0.2445	long leg	$405K	$7.3M	50x
Lighter ADA	+0.0096%	1h	0.2445	+0.016%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2445	0.000%	$42.4M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2445	0.000%	$1.2M	$931K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2446	+0.022%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2445	−0.016%	$101.0M	$366.2M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2443	−0.082%	$71.1M	$104.0M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2445	0.000%	$32.3M	$107.2M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2443	−0.082%	$97.5M	$60.5M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2443	−0.082%	$52.3M	$51.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2445	−0.012%	$29.9M	$18.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2444	−0.041%	$65.7M	$43.8M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2444	−0.041%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2445	−0.016%	$106K	$418K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2441	−0.157%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2446	+0.028%	$65K	$281K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2444	−0.040%	$290K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2445	0.000%	$55K	$582K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2443	−0.090%	$94K	$641K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2443	−0.082%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2443	−0.085%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2445	+0.001%	$9K	$768K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2444	−0.061%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2443	−0.063%	$1.3M	$5.4M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2444	−0.041%	$47.7M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2445	+0.012%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2444	−0.040%	$551K	$1.8M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0114%	1h	0.2444	−0.047%	$6.1M	$11.7M	50x	as long as short
Phoenix ADA	+0.0130%	1h	0.2446	+0.025%	$4K	$78K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2442	−0.123%	$4.3M	$5.5M	75x	as long as short
Injective ADA/USDC PERP	+0.0254%	1h	0.2471	+1.063%	$849	$202K	12x	as long as short
Reya ADARUSDPERPshort	+0.0283%	1h	0.2442	−0.120%	$1K	—	15x
Deribit ADA_USDC-PERPETUAL	+0.0364%	1h	0.2444	−0.041%	$490K	$430K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0563% / S −0.0313%	1h	0.2442	−0.124%	$121K	—	100x	as long as short