ADA

Alert: funding

Alert: spread

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: Pacifica against dYdX+0.084%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$302as in the Price arb table

costs, in and out, $10k−$3093.086% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.171%+$17 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.084%, 7d avg +0.021%

Together, before fees+0.161%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.063% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ADA-USD	0.2460	0	get 0.0000% / 1h	53m 58s	$202K	$3K	10x
Short	Pacifica ADA	0.2462	0.0100	get 0.0013% / 1h	53m 58s	$160K	$161K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.084%Rate

Funding earned: $21
Price spread: +0.084% → +0.021%: $6.29
Slippage, 4 orders: −$290.6
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$281.31
Costs to cover: 3.086%
Break-even: 100.8 days

Slippage from dYdX: live order book, 5 min ago; Pacifica: live order book, 4 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, 5 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 Pacifica live order book, 4 min ago	2.44 bp	8.6 bp −$9	doesn't fit	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	0.2460	long leg	$202K	$3K	10x
Kalshi KXADAPERP	0.0000%	8h	0.2460	+0.015%	$140K	$6.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2457	−0.090%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.462%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2458	−0.066%	$413K	$7.7M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0092%	1h	0.2459	−0.045%	$6.3M	$12.8M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2460	+0.007%	$2.4M	$1.1M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2458	−0.048%	$1.2M	$979K	75x	as long as short
Pacifica ADAshort	+0.0100%	1h	0.2462	+0.084%	$160K	$161K	10x
Binance ADAUSDT	+0.0100%	8h	0.2459	−0.045%	$103.8M	$372.5M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2457	−0.107%	$71.7M	$111.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2458	−0.066%	$32.7M	$105.9M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2456	−0.147%	$98.3M	$58.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2458	−0.066%	$61.3M	$59.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2458	−0.058%	$29.7M	$15.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2457	−0.107%	$66.0M	$50.0M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2458	−0.066%	—	$20.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2458	−0.054%	$126K	$444K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2462	+0.100%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2452	−0.303%	$65K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2451	−0.368%	$288K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2449	−0.432%	$226K	$740K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2460	+0.007%	$92K	$683K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2457	−0.107%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2458	−0.083%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2459	−0.025%	$8K	$741K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2459	−0.046%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2458	−0.079%	$1.3M	$6.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2459	−0.025%	$47.9M	$6.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2457	−0.091%	$533K	$1.8M	50x	as long as short
Hyperliquid ADA	+0.0105%	1h	0.2460	+0.007%	$42.7M	$14.9M	10x	as long as short
Paradex ADA-USD-PERP	+0.0107%	8h	0.2461	+0.043%	$21K	$250	20x	as long as short
Phoenix ADA	+0.0163%	1h	0.2459	−0.009%	$4K	$100K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2460	+0.015%	$4.5M	$5.8M	75x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2459	−0.045%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0442%	1h	0.2459	−0.042%	$587K	$486K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0547% / S −0.0339%	1h	0.2457	−0.107%	$121K	—	100x	as long as short