Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.018%
Price spread now: Derive against dYdX+0.213%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Derive is 0.213% dearer against dYdX than usual: you sell high and buy low: +$21 more if the spread 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 | dYdX ADA-USD | 0.2456 | 0 | get 0.0000% / 1h | 55m 17s | $202K | $4K | 10x |
| Short | Derive ADA-PERP | 0.2461 | 0.0100 | get 0.0013% / 1h | 55m 17s | $40K | $3K | 5x |
dYdX ADA-USD
Derive ADA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: +0.213% → 0.000%
- $21.33
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $26.33
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 33 min ago; Derive: no order-book sample. 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 dYdX live order book, 33 min ago | 145.63 bp | 150.6 bp −$151 | 150.6 bp −$1,506 | 157.6 bp −$15.8K | 378.4 bp −$189.2K |
| Sell Derive no order-book sample | — | — | — | — | — |
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-USDlong | 0.0000% | 1h | 0.2456 | long leg | $202K | $4K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2457 | +0.053% | $153K | $5.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2459 | +0.124% | $88K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2455 | −0.028% | $391K | $7.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2462 | +0.237% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2459 | +0.143% | $42.5M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2458 | +0.100% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2456 | +0.001% | $157K | $148K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2461 | +0.229% | $102.4M | $355.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2460 | +0.176% | $71.3M | $99.9M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2459 | +0.135% | $32.4M | $105.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | +0.094% | $97.6M | $56.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2460 | +0.176% | $53.0M | $56.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2460 | +0.176% | $30.8M | $18.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2459 | +0.135% | $65.7M | $42.7M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2459 | +0.135% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2460 | +0.192% | $102K | $421K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.090% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2454 | −0.051% | $65K | $278K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2453 | −0.097% | $295K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2452 | −0.150% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2458 | +0.102% | $96K | $701K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2461 | +0.216% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERPshort | +0.0100% | 1h | 0.2461 | +0.213% | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2456 | +0.011% | $9K | $762K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2460 | +0.196% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.142% | $1.3M | $4.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2459 | +0.135% | $48.0M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2457 | +0.056% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2460 | +0.164% | $564K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2454 | −0.089% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2457 | +0.053% | $4.4M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0287% | 1h | 0.2458 | +0.092% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0335% | 1h | 0.2461 | +0.204% | $6.2M | $11.6M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0400% | 1h | 0.2462 | +0.245% | $478K | $358K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0521% / S −0.0277% | 1h | 0.2459 | +0.132% | $113K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2457 | +0.053% | $844 | $95K | 12x | as long as short |
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
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
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERP