Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Derive+0.218%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.218% dearer against Derive than usual: you sell high and buy low, +$22 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 | 0.2490 | 0.0100 | pay 0.0013% / 1h | 20m 18s | $40K | $2K | 5x |
| Short | Variational Omni ADA | 0.2495 | 0.0100 | get 0.0100% / 8h | 5h 20m | $4.3M | $1.1M | — |
Derive ADA-PERP
Variational Omni ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.218% → 0.000%
- $21.83
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $15.83
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 4 min ago | 8.06 bp | doesn't fit | 12.1 bp −$121 | 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 | 0.2495 | +0.205% | $205K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2490 | +0.032% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.747% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2493 | +0.136% | $417K | $7.7M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2494 | +0.165% | $1.2M | $998K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2495 | +0.201% | $160K | $161K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2487 | −0.098% | $105.5M | $371.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2491 | +0.056% | $72.7M | $110.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2489 | −0.024% | $33.2M | $107.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2490 | +0.016% | $99.8M | $60.2M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2491 | +0.056% | $54.3M | $59.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2492 | +0.084% | $30.0M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2488 | −0.064% | $66.7M | $49.3M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2491 | +0.056% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2497 | +0.305% | $140K | $432K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2495 | +0.218% | $4.3M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2479 | −0.430% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2482 | −0.295% | $294K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2482 | −0.305% | $229K | $735K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2491 | +0.072% | $97K | $677K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2490 | +0.016% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2490 | long leg | $40K | $2K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2490 | +0.016% | $8K | $745K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2488 | −0.044% | $342 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2489 | −0.031% | $1.3M | $6.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2487 | −0.105% | $48.4M | $6.5M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0104% | 8h | 0.2496 | +0.257% | $160K | $6.3M | 3.2x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2488 | −0.070% | $539K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0111% | 8h | 0.2494 | +0.158% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0130% | 1h | 0.2493 | +0.132% | $43.3M | $14.4M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2480 | −0.370% | $4K | $90K | 10x | as long as short |
| Lighter ADA | +0.0192% | 1h | 0.2489 | −0.024% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2497 | +0.297% | $4.6M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0258% | 1h | 0.2487 | −0.117% | $6.3M | $12.6M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2491 | +0.053% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0487% / S −0.0279% | 1h | 0.2490 | +0.011% | $109K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0514% | 1h | 0.2489 | −0.020% | $588K | $443K | 50x | as long as short |
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
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
Kalshi KXADAPERP
Extended ADA-USD
Paradex ADA-USD-PERP
Hyperliquid ADA
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL