Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.018%
Price spread now: dYdX against Derive−0.430%7-day average — · 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)—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 −$3 a day on $10k at the current rate, and dYdX is 0.430% cheaper against Derive than usual: you would sell low and buy high (−$43 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 | Derive ADA-PERP | 0.2465 | 0.0100 | pay 0.0013% / 1h | 17m 44s | $40K | $3K | 5x |
| Short | dYdX ADA-USD | 0.2455 | 0 | get 0.0000% / 1h | 17m 44s | $202K | $4K | 10x |
Derive ADA-PERP
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Derive. 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
- −$21
- Price spread: −0.430% → 0.000%
- −$43
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$80
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; dYdX: live order book, 56 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 Derive no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 56 min ago | 89.91 bp | 94.9 bp −$95 | 164.7 bp −$1,647 | 175.4 bp −$17.5K | 176.8 bp −$88.4K |
Derive: 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-USDshort | 0.0000% | 1h | 0.2455 | −0.430% | $202K | $4K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2460 | −0.207% | $189K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2462 | −0.144% | $87K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.239% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2456 | −0.369% | $410K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2466 | +0.049% | $6.2M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2466 | +0.036% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2468 | +0.117% | $1.2M | $950K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2456 | −0.357% | $158K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2468 | +0.117% | $102.8M | $366.0M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2467 | +0.077% | $72.5M | $104.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2468 | +0.117% | $32.7M | $107.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2466 | +0.036% | $98.6M | $59.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2468 | +0.117% | $53.3M | $51.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2469 | +0.166% | $30.3M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2468 | +0.117% | $66.3M | $44.5M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2468 | +0.117% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2469 | +0.174% | $131K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2465 | −0.001% | $4.2M | $967K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2466 | +0.043% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2466 | +0.036% | $292K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2466 | +0.036% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2460 | −0.219% | $94K | $649K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2464 | −0.045% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2465 | long leg | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2462 | −0.127% | $9K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2465 | −0.008% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2461 | −0.160% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2466 | +0.036% | $48.2M | $5.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2457 | −0.336% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2468 | +0.116% | $537K | $1.8M | 50x | as long as short |
| Lighter ADA | +0.0176% | 1h | 0.2469 | +0.154% | $2.5M | $1.1M | 10x | as long as short |
| Hyperliquid ADA | +0.0218% | 1h | 0.2470 | +0.219% | $43.2M | $14.2M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2461 | −0.167% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2460 | −0.206% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0626% / S −0.0393% | 1h | 0.2462 | −0.126% | $142K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4756% | 1h | 0.2525 | +2.430% | $507K | $433K | 50x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Lighter ADA
Hyperliquid ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL