ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.015%

Price spread now: dYdX against Extended−0.286%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$230as in the Price arb table

costs, in and out, $10k−$1991.989% of the position

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.286%, 7d avg +0.022%

Together, before fees+0.236%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.308% cheaper against Extended than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ADA-USD	0.2479	0.0104	pay 0.0013% / 1h	16m 02s	$540K	$1.8M	50x
Short	dYdX ADA-USD	0.2472	0	get 0.0000% / 1h	16m 02s	$203K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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 ExtendedbpFee dYdXbpOrdersPrice spread, now −0.286%Rate

Funding earned: −$21.84
Price spread: −0.286% → +0.022%: −$30.84
Slippage, 4 orders: −$183.87
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$251.55
Costs to cover: 1.989%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; dYdX: live order book, 58 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 Extended live order book, 2 min ago	2.03 bp	4.5 bp −$5	10.0 bp −$100	doesn't fit	doesn't fit
Sell dYdX live order book, 58 min ago	89.91 bp	94.9 bp −$95	164.7 bp −$1,647	175.4 bp −$17.5K	176.8 bp −$88.4K

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-USDshort	0.0000%	1h	0.2472	−0.286%	$203K	$4K	10x
Kalshi KXADAPERP	0.0000%	8h	0.2477	−0.099%	$203K	$6.2M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2475	−0.200%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.341%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2475	−0.180%	$418K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2480	+0.002%	$6.2M	$11.7M	50x	as long as short
Phoenix ADA	+0.0098%	1h	0.2466	−0.543%	$4K	$84K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2478	−0.059%	$1.2M	$951K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2474	−0.203%	$159K	$150K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2480	+0.018%	$103.3M	$366.1M	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	0.2480	+0.022%	$72.8M	$105.0M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2480	+0.022%	$32.8M	$107.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2478	−0.059%	$99.1M	$59.4M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2479	−0.019%	$53.2M	$51.6M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2478	−0.071%	$30.4M	$17.8M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2479	−0.019%	$66.6M	$44.6M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2479	−0.019%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2480	+0.014%	$135K	$418K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2474	−0.216%	$4.3M	$968K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2466	−0.536%	$65K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2466	−0.543%	$292K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2466	−0.543%	$56K	$585K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2474	−0.208%	$95K	$649K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2475	−0.180%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2477	−0.103%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2473	−0.262%	$9K	$764K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2480	+0.002%	$341	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2479	−0.004%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2479	−0.019%	$48.4M	$5.7M	50x	as long as short
Extended ADA-USDlong	+0.0104%	1h	0.2479	long leg	$540K	$1.8M	50x
Paradex ADA-USD-PERP	+0.0104%	8h	0.2475	−0.167%	$21K	$250	20x	as long as short
Lighter ADA	+0.0184%	1h	0.2481	+0.054%	$2.5M	$1.1M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2467	−0.503%	$4.4M	$5.5M	75x	as long as short
Hyperliquid ADA	+0.0229%	1h	0.2481	+0.046%	$43.3M	$14.2M	10x	as long as short
Reya ADARUSDPERP	+0.0282%	1h	0.2475	−0.179%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0628% / S −0.0393%	1h	0.2474	−0.211%	$142K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+2.4757%	1h	0.2537	+2.329%	$510K	$434K	50x	as long as short