Settings8H · net · $10k
Funding arb · Price arb /

ADA

all ADA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ADA_USDC-PERPETUAL0.24580.0198pay 0.0025% / 1h40m 45s$604K$542K50x
ShortVariational Omni ADA0.24560.0100get 0.0100% / 8h2h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 8 min ago4.85 bp8.9 bp −$914.7 bp −$147doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago8.11 bpdoesn't fit8.1 bp −$81doesn't fitdoesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2447−0.412%$201K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2458+0.016%$160K$7.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2456−0.050%$84K150xas long as short
Kraken Futures PF_ADAUSD+0.0020%1h0.2456−0.057%$6.3M$13.3M50xas long as short
Phoenix ADA+0.0032%1h0.2470+0.500%$4K$105K10xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.545%$849$202K12xas long as short
Lighter ADA+0.0096%1h0.2449−0.334%$2.4M$987K10xas long as short
Hyperliquid ADA+0.0100%1h0.2452−0.236%$43.6M$16.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2450−0.297%$1.2M$1.1M75xas long as short
Pacifica ADA+0.0100%1h0.2448−0.385%$157K$170K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2447−0.414%$103.2M$394.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2446−0.472%$72.1M$118.8M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2446−0.472%$32.7M$111.9M50xas long as short
Gate ADA_USDT+0.0100%8h0.2449−0.350%$99.2M$62.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2449−0.350%$58.5M$63.1M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2450−0.330%$29.4M$15.4M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2450−0.309%$66.6M$52.0M75xas long as short
BingX ADA-USDT+0.0100%8h0.2451−0.269%$19.9Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2453−0.183%$124K$459K15xas long as short
Variational Omni ADAshort+0.0100%8h0.2456−0.061%$4.3M$1.1M
edgeX ADAUSDC+0.0100%4h0.2465+0.286%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2471+0.545%$289K$4.0M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2465+0.301%$229K$760K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2458+0.020%$94K$635K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456−0.065%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2457−0.020%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2457−0.024%$8K$748K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2457−0.045%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2455−0.105%$1.3M$6.7M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2455−0.106%$47.8M$7.0M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2461+0.123%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2448−0.377%$531K$1.8M50xas long as short
Coinbase International ADA-PERP-INTX+0.0104%1h0.2467+0.382%$395K$8.3M50xas long as short
Deribit ADA_USDC-PERPETUALlong+0.0198%1h0.2458long leg$604K$542K50x
BloFin ADA-USDT+0.0220%8h0.2459+0.057%$4.5M$5.8M75xas long as short
Reya ADARUSDPERP+0.0276%1h0.2458−0.003%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0623% / S −0.0585%1h0.2456−0.061%$139K100xas long as short