Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against edgeX−0.180%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 3 days (all we have)+0.188%+$19 · spread now −0.180%, 7d avg −0.009%
=Together, before fees+0.109%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.170% cheaper against edgeX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ADAUSDC | 0.2456 | 0.0100 | pay 0.0050% / 4h | 35m 02s | $65K | $281K | 20x |
| Short | Bybit ADAUSDT | 0.2452 | 0.0100 | get 0.0100% / 8h | 35m 02s | $71.5M | $102.6M | 75x |
edgeX ADAUSDC
Bybit ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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: −0.180% → −0.009%
- −$17.04
- Slippage, 4 orders
- −$16.69
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$53.73
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 43 min ago; Bybit: 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 edgeX live order book, 43 min ago | 6.10 bp | 10.6 bp −$11 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.03 bp | 7.5 bp −$8 | 10.8 bp −$108 | 33.5 bp −$3,352 | 127.8 bp −$63.9K |
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 | 0.2455 | −0.071% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2454 | −0.098% | $175K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | −0.154% | $84K | — | 150x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0035% | 1h | 0.2453 | −0.147% | $493K | $430K | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2453 | −0.139% | $405K | $7.3M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2454 | −0.098% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2453 | −0.123% | $42.5M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2453 | −0.132% | $1.2M | $925K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2453 | −0.119% | $158K | $145K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2452 | −0.160% | $101.9M | $362.3M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Deribit ADA_USDC-PERPETUAL
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid 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 ADAUSDTshort | +0.0100% | 8h | 0.2452 | −0.180% | $71.5M | $102.6M | 75x | |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2452 | −0.180% | $32.3M | $106.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.221% | $97.3M | $59.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | −0.180% | $52.9M | $50.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | −0.159% | $30.1M | $18.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | −0.139% | $65.8M | $43.3M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2453 | −0.139% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2453 | −0.135% | $110K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | −0.090% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDClong | +0.0100% | 4h | 0.2456 | long leg | $65K | $281K | 20x | |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2457 | +0.010% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2457 | +0.024% | $55K | $582K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2453 | −0.151% | $95K | $627K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2452 | −0.180% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.155% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2452 | −0.181% | $9K | $763K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.180% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.132% | $1.3M | $5.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.180% | $47.9M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2453 | −0.125% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2451 | −0.216% | $554K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0113% | 1h | 0.2452 | −0.176% | $6.2M | $11.6M | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2459 | +0.097% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2453 | −0.139% | $4.4M | $5.5M | 75x | as long as short |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +0.594% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0284% | 1h | 0.2452 | −0.175% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0565% / S −0.0313% | 1h | 0.2452 | −0.179% | $122K | — | 100x | 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
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Injective ADA/USDC PERP
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]