Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.081%
Price spread now: Variational Omni against Deribit−0.061%7-day average −0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.061%, 7d avg −0.043%
=Together, before fees−0.331%+ Points / potential airdropVariational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ADA_USDC-PERPETUAL | 0.2458 | 0.0198 | pay 0.0025% / 1h | 40m 45s | $604K | $542K | 50x |
| Short | Variational Omni ADA | 0.2456 | 0.0100 | get 0.0100% / 8h | 2h 40m | $4.3M | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- −$20.58
- Price spread: −0.061% → −0.043%
- −$1.78
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$29.36
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 8 min ago; Variational Omni: RFQ quote, 3 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 Deribit live order book, 8 min ago | 4.85 bp | 8.9 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 8.11 bp | doesn't fit | 8.1 bp −$81 | 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 | 0.2447 | −0.412% | $201K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2458 | +0.016% | $160K | $7.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2456 | −0.050% | $84K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2456 | −0.057% | $6.3M | $13.3M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2470 | +0.500% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.545% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2449 | −0.334% | $2.4M | $987K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2452 | −0.236% | $43.6M | $16.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2450 | −0.297% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2448 | −0.385% | $157K | $170K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2447 | −0.414% | $103.2M | $394.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2446 | −0.472% | $72.1M | $118.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2446 | −0.472% | $32.7M | $111.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2449 | −0.350% | $99.2M | $62.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2449 | −0.350% | $58.5M | $63.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2450 | −0.330% | $29.4M | $15.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2450 | −0.309% | $66.6M | $52.0M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2451 | −0.269% | — | $19.9M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2453 | −0.183% | $124K | $459K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2456 | −0.061% | $4.3M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2465 | +0.286% | $66K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2471 | +0.545% | $289K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2465 | +0.301% | $229K | $760K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2458 | +0.020% | $94K | $635K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2456 | −0.065% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2457 | −0.020% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2457 | −0.024% | $8K | $748K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2457 | −0.045% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | −0.105% | $1.3M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2455 | −0.106% | $47.8M | $7.0M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2461 | +0.123% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | −0.377% | $531K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2467 | +0.382% | $395K | $8.3M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUALlong | +0.0198% | 1h | 0.2458 | long leg | $604K | $542K | 50x | |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2459 | +0.057% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2458 | −0.003% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0623% / S −0.0585% | 1h | 0.2456 | −0.061% | $139K | — | 100x | as long as short |
Deribit ADA_USDC-PERPETUAL
Variational Omni ADA
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
GMX ADA/USD [WBTC.b-USDC]