ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h +0.004%

Price spread now: SoDEX against Coinbase International−0.061%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 SoDEX

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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.061% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ADA-PERP-INTX	0.2456	0.0144	pay 0.0018% / 1h	0m 13s	$369K	$8.5M	50x
Short	SoDEX ADA-USD	0.2455	0.0100	get 0.0013% / 1h	0m 13s	$338	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$9.24
Price spread: −0.061% → 0.000%: −$6.11
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.35
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 min ago; SoDEX: 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, 4 min ago	4.08 bp	12.9 bp −$13	19.1 bp −$191	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	0.2454	−0.076%	$202K	$2K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2454	−0.102%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.611%	$849	$202K	12x	as long as short
Lighter ADA	+0.0096%	1h	0.2457	+0.029%	$2.4M	$1.0M	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2454	−0.081%	$6K	$5K	20x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	−0.010%	$1.2M	$1.2M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2456	−0.004%	$157K	$181K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2456	−0.013%	$103.8M	$407.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2455	−0.041%	$73.2M	$127.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2455	−0.041%	$32.7M	$119.3M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2454	−0.081%	$100.3M	$65.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2455	−0.041%	$54.3M	$66.8M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2455	−0.049%	$29.7M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2455	−0.041%	$66.6M	$54.1M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2455	−0.041%	—	$20.2M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2456	+0.012%	$142K	$486K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2454	−0.075%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2453	−0.136%	$66K	$288K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2452	−0.180%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2452	−0.163%	$76K	$896K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2455	−0.053%	$116K	$1.4M	10x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2453	−0.134%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2456	+0.004%	$8K	$754K	30x	as long as short
SoDEX ADA-USDshort	+0.0100%	1h	0.2455	−0.061%	$338	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2456	−0.012%	$1.3M	$7.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2455	−0.041%	$47.5M	$7.6M	50x	as long as short
Paradex ADA-USD-PERP	+0.0104%	8h	0.2456	−0.008%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2454	−0.085%	$505K	$1.8M	50x	as long as short
Kalshi KXADAPERP	+0.0106%	8h	0.2455	−0.041%	$234K	$7.7M	3.2x	as long as short
Coinbase International ADA-PERP-INTXlong	+0.0144%	1h	0.2456	long leg	$369K	$8.5M	50x
Hyperliquid ADA	+0.0186%	1h	0.2458	+0.071%	$43.5M	$18.3M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2456	0.000%	$4.5M	$5.9M	75x	as long as short
Phoenix ADA	+0.0228%	1h	0.2457	+0.029%	$3K	$112K	10x	as long as short
Reya ADARUSDPERP	+0.0272%	1h	0.2454	−0.078%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0279%	1h	0.2455	−0.049%	$6.4M	$14.1M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0361%	1h	0.2456	−0.008%	$640K	$722K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0370% / S −0.0295%	1h	0.2454	−0.099%	$87K	—	100x	as long as short