ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.008%

Price spread now: Variational Omni against Coinbase International+0.404%7-day average +0.012% · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.625%−$62 · spread now +0.404%, 7d avg +0.012%

Together, before fees−0.585%+ Points / potential airdropVariational Omni: Active · farm board−$58 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.392% dearer against Coinbase International than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ADA-PERP-INTX	0.2485	0.0056	pay 0.0007% / 1h	19m 05s	$416K	$7.7M	50x
Short	Variational Omni ADA	0.2495	0.0100	get 0.0100% / 8h	5h 19m	$4.3M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.404%Rate

Funding earned: $9.24
Price spread: +0.404% → +0.012%: $39.22
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $38.46
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 5 min ago	2.01 bp	9.5 bp −$9	16.7 bp −$167	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	8.06 bp	doesn't fit	12.1 bp −$121	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	0.2484	−0.036%	$204K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2484	−0.025%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.563%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTXlong	+0.0056%	1h	0.2485	long leg	$416K	$7.7M	50x
Aster ADAUSDT	+0.0100%	8h	0.2485	0.000%	$1.2M	$999K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2486	+0.056%	$159K	$162K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2484	−0.040%	$105.6M	$371.6M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2483	−0.080%	$72.4M	$110.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2484	−0.040%	$33.1M	$107.0M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2483	−0.080%	$99.9M	$60.4M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ADA_USDT	+0.0100%	8h	0.2484	−0.040%	$57.6M	$60.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2484	−0.028%	$29.9M	$16.1M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2483	−0.080%	$66.6M	$49.4M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2483	−0.080%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2484	−0.048%	$139K	$433K	15x	as long as short
Variational Omni ADAshort	+0.0100%	8h	0.2495	+0.404%	$4.3M	$1.1M	—
edgeX ADAUSDC	+0.0100%	4h	0.2495	+0.418%	$66K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2482	−0.110%	$294K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2496	+0.443%	$230K	$736K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2486	+0.024%	$96K	$678K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2484	−0.040%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2485	−0.004%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2485	0.000%	$9K	$746K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2485	−0.020%	$342	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2486	+0.052%	$1.3M	$6.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2484	−0.040%	$48.3M	$6.5M	50x	as long as short
Kalshi KXADAPERP	+0.0103%	8h	0.2488	+0.121%	$160K	$6.3M	3.2x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2484	−0.046%	$539K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0110%	8h	0.2487	+0.062%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0129%	1h	0.2485	+0.016%	$43.2M	$14.4M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2492	+0.278%	$4K	$90K	10x	as long as short
Lighter ADA	+0.0192%	1h	0.2486	+0.028%	$2.5M	$1.1M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2485	0.000%	$4.5M	$5.8M	75x	as long as short
Kraken Futures PF_ADAUSD	+0.0258%	1h	0.2484	−0.050%	$6.3M	$12.6M	50x	as long as short
Reya ADARUSDPERP	+0.0280%	1h	0.2485	+0.017%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0487% / S −0.0279%	1h	0.2484	−0.039%	$109K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0515%	1h	0.2485	+0.020%	$587K	$443K	50x	as long as short