Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: GRVT against Derive+0.165%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.165% dearer against Derive than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2453 | 0.0100 | pay 0.0013% / 1h | 35m 18s | $40K | $3K | 5x |
| Short | GRVT ADA_USDT_Perp | 0.2457 | 0.0100 | get 0.0100% / 8h | 35m 18s | $292K | $3.8M | 10x |
Derive ADA-PERP
GRVT ADA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: +0.165% → 0.000%
- $16.52
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $1.52
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; GRVT: live order book, 4 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 GRVT live order book, 4 min ago | 2.03 bp | 10.2 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
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-USD | 0.0000% | 1h | 0.2455 | +0.084% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2454 | +0.056% | $175K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | +0.001% | $84K | — | 150x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0035% | 1h | 0.2453 | +0.007% | $493K | $430K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2453 | +0.016% | $405K | $7.3M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2454 | +0.056% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2454 | +0.040% | $42.5M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2453 | +0.005% | $1.2M | $925K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2453 | +0.036% | $158K | $145K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2453 | +0.016% | $101.9M | $362.3M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Deribit ADA_USDC-PERPETUAL
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid 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 | 0.2452 | −0.025% | $71.5M | $102.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2454 | +0.056% | $32.3M | $106.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.066% | $97.3M | $59.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | −0.025% | $52.9M | $50.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2453 | +0.016% | $30.1M | $18.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | +0.016% | $65.8M | $43.3M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2453 | +0.016% | — | $18.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2456 | +0.126% | $110K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | +0.065% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2456 | +0.155% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perpshort | +0.0100% | 8h | 0.2457 | +0.165% | $292K | $3.8M | 10x | |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2457 | +0.179% | $55K | $582K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2453 | +0.003% | $95K | $627K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2452 | −0.025% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2453 | long leg | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2452 | −0.026% | $9K | $763K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.025% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | +0.023% | $1.3M | $5.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.025% | $47.9M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2453 | +0.030% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2451 | −0.061% | $554K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0113% | 1h | 0.2452 | −0.021% | $6.2M | $11.6M | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2459 | +0.252% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2453 | +0.016% | $4.4M | $5.5M | 75x | as long as short |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +0.750% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0284% | 1h | 0.2452 | −0.021% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0565% / S −0.0313% | 1h | 0.2452 | −0.024% | $122K | — | 100x | 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
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
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Injective ADA/USDC PERP
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]