ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.024%

Price spread now: Injective against dYdX−0.331%7-day average −0.283% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.331%, 7d avg −0.283%

Together, before fees+0.419%+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. Injective is 0.048% cheaper against dYdX than usual: you would sell low and buy high (spread −0.331% now, against its 7-day average of −0.283%). If the spread goes back, that is −$5 on $10k: about 4.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ADA-USD	0.2479	0	get 0.0000% / 1h	16m 07s	$204K	$3K	10x
Short	Injective ADA/USDC PERP	0.2471	0.0033	get 0.0004% / 1h	16m 07s	$849	$202K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee InjectivebpOrdersPrice spread, now −0.331%Rate

Funding earned: $7
Price spread: −0.331% → −0.283%: −$4.8
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$7.82
Costs to cover: 0.100%
Break-even: 14.8 days

Slippage unknown: dYdX: live order book, 48 min ago; Injective: 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, 48 min ago	150.28 bp	155.3 bp −$155	155.3 bp −$1,553	155.3 bp −$15.5K	162.5 bp −$81.2K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	0.2479	long leg	$204K	$3K	10x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2480	+0.046%	$85K	—	150x	as long as short
Injective ADA/USDC PERPshort	+0.0033%	1h	0.2471	−0.331%	$849	$202K	12x
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2480	+0.032%	$413K	$7.7M	50x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2481	+0.078%	$1.2M	$999K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2481	+0.053%	$159K	$162K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2479	+0.002%	$105.4M	$371.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2479	−0.008%	$72.3M	$110.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2480	+0.032%	$33.0M	$107.0M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2478	−0.049%	$99.7M	$60.5M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ADA_USDT	+0.0100%	8h	0.2480	+0.032%	$59.2M	$60.4M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2480	+0.020%	$29.9M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2479	−0.008%	$66.5M	$49.4M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2479	−0.008%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2480	+0.024%	$139K	$433K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2480	+0.033%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2487	+0.296%	$66K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2486	+0.263%	$294K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2496	+0.677%	$230K	$736K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2479	+0.008%	$95K	$678K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2481	+0.072%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2482	+0.096%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2481	+0.072%	$9K	$746K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2481	+0.068%	$341	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2480	+0.044%	$1.3M	$6.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2481	+0.072%	$48.3M	$6.5M	50x	as long as short
Kalshi KXADAPERP	+0.0102%	8h	0.2480	+0.032%	$160K	$6.3M	3.2x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2480	+0.046%	$539K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0110%	8h	0.2481	+0.058%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0134%	1h	0.2481	+0.060%	$43.1M	$14.4M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2486	+0.266%	$4K	$90K	10x	as long as short
Lighter ADA	+0.0184%	1h	0.2482	+0.101%	$2.4M	$1.1M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2482	+0.113%	$4.5M	$5.8M	75x	as long as short
Kraken Futures PF_ADAUSD	+0.0259%	1h	0.2480	+0.036%	$6.3M	$12.7M	50x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2480	+0.031%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0486% / S −0.0279%	1h	0.2481	+0.060%	$109K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0597%	1h	0.2482	+0.129%	$586K	$442K	50x	as long as short