Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Derive against Extended+0.112%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.112% dearer against Extended than usual: you sell high and buy low, +$11 on $10k if it 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 | Extended ADA-USD | 0.2452 | 0.0104 | pay 0.0013% / 1h | 3m 59s | $516K | $1.8M | 50x |
| Short | Derive ADA-PERP | 0.2455 | 0.0100 | get 0.0013% / 1h | 3m 59s | $40K | $4K | 5x |
Extended ADA-USD
Derive ADA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Extended. 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
- −$0.84
- Price spread: +0.112% → 0.000%
- $11.2
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$0.64
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago | 2.03 bp | 4.5 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2457 | +0.212% | $164K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | +0.060% | $84K | — | 150x | as long as short |
| dYdX ADA-USD | +0.0031% | 1h | 0.2454 | +0.091% | $202K | $2K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.783% | $849 | $202K | 12x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2454 | +0.090% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2453 | +0.049% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2459 | +0.296% | $158K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2453 | +0.049% | $103.4M | $407.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2453 | +0.049% | $73.0M | $124.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2453 | +0.049% | $32.6M | $118.3M | 50x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
dYdX ADA-USD
Injective ADA/USDC PERP
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.033% | $100.3M | $65.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | +0.008% | $53.3M | $66.6M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | +0.029% | $29.5M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | +0.049% | $66.7M | $53.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2452 | +0.008% | — | $6.6M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2464 | +0.500% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2461 | +0.385% | $66K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2461 | +0.378% | $294K | $3.9M | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2454 | +0.082% | $127K | $1.3M | 10x | as long as short |
| Derive ADA-PERPshort | +0.0100% | 1h | 0.2455 | +0.112% | $40K | $4K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.294% | $8K | $757K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2454 | +0.098% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.310% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2454 | +0.090% | $47.6M | $7.5M | 50x | as long as short |
| Extended ADA-USDlong | +0.0104% | 1h | 0.2452 | long leg | $516K | $1.8M | 50x | |
| Paradex ADA-USD-PERP | +0.0106% | 8h | 0.2458 | +0.273% | $21K | $250 | 20x | as long as short |
| ApeX Omni ADAUSDT | +0.0112% | 1h | 0.2461 | +0.375% | $79K | $893K | 50x | as long as short |
| Lighter ADA | +0.0120% | 1h | 0.2456 | +0.179% | $2.4M | $1.0M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0120% | 1h | 0.2464 | +0.498% | $368K | $8.5M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0140% | 1h | 0.2453 | +0.065% | $139K | $487K | 15x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2464 | +0.477% | $4K | $111K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0170% | 1h | 0.2454 | +0.079% | $6.3M | $13.9M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2463 | +0.457% | $4.5M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0274% | 1h | 0.2454 | +0.070% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0280% | 1h | 0.2455 | +0.110% | $626K | $615K | 50x | as long as short |
| Hyperliquid ADA | +0.0287% | 1h | 0.2456 | +0.183% | $43.2M | $18.1M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0602% / S −0.0679% | 1h | 0.2453 | +0.044% | $156K | — | 100x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
ApeX Omni ADAUSDT
Lighter ADA
Coinbase International ADA-PERP-INTX
Backpack ADA_USDC_PERP
Phoenix ADA
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]