Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.023%
Price spread now: ApeX Omni against dYdX+0.385%50s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3103.102% of the position
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.385%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.353% dearer against dYdX than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.032%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ADA-USD | 0.2448 | 0 | get 0.0000% / 1h | 50m 17s | $201K | $3K | 10x |
| Short | ApeX Omni ADAUSDT | 0.2457 | 0.0100 | get 0.0013% / 1h | 50m 17s | $227K | $741K | 50x |
dYdX ADA-USD
ApeX Omni ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against dYdX. 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: +0.385% → +0.032%
- $35.3
- Slippage, 4 orders
- −$290.18
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$253.88
- Costs to cover
- 3.102%
- Break-even
- 91.6 days
Slippage from dYdX: live order book, 9 min ago; ApeX Omni: live order book, 9 min ago.
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 dYdX live order book, 9 min ago | 140.67 bp | 145.7 bp −$146 | 173.3 bp −$1,733 | 246.9 bp −$24.7K | 486.9 bp −$243.4K |
| Sell ApeX Omni live order book, 9 min ago | 2.04 bp | 10.3 bp −$10 | 37.5 bp −$375 | 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-USDlong | 0.0000% | 1h | 0.2448 | long leg | $201K | $3K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2452 | +0.180% | $153K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2448 | +0.032% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.957% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2448 | +0.017% | $429K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2448 | +0.003% | $6.3M | $12.8M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2450 | +0.082% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2449 | +0.044% | $1.2M | $982K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2450 | +0.091% | $159K | $161K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2448 | +0.022% | $103.4M | $372.4M | 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
Lighter 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 | 0.2446 | −0.065% | $71.3M | $111.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2448 | +0.017% | $32.6M | $105.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | +0.017% | $98.0M | $58.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2446 | −0.065% | $61.0M | $59.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2448 | +0.025% | $29.6M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2448 | +0.017% | $65.8M | $50.1M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2448 | +0.017% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2451 | +0.131% | $125K | $444K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2448 | +0.020% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2459 | +0.447% | $65K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2458 | +0.409% | $287K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDTshort | +0.0100% | 1h | 0.2457 | +0.385% | $227K | $741K | 50x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2449 | +0.074% | $92K | $685K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2448 | +0.017% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2448 | +0.028% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2450 | +0.100% | $9K | $740K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2448 | +0.033% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2449 | +0.043% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2447 | −0.024% | $47.7M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2447 | −0.009% | $530K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0106% | 8h | 0.2453 | +0.216% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0109% | 1h | 0.2450 | +0.116% | $42.6M | $14.9M | 10x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2454 | +0.254% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2452 | +0.180% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2449 | +0.038% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0608% | 1h | 0.2450 | +0.086% | $585K | $486K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0624% / S −0.0463% | 1h | 0.2448 | +0.010% | $149K | — | 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
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Hyperliquid ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]