Settings8H · net · $10k
Funding arb · Price arb /

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Hyperliquid against Extended+0.035%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 7 days+0.022%+$2 · spread now +0.035%, 7d avg +0.057%
Together, before fees−0.072%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$7 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: Hyperliquid is 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24560.0104pay 0.0013% / 1h57m 18s$531K$1.8M50x
ShortHyperliquid ADA0.24570.0100get 0.0013% / 1h57m 18s$42.7M$14.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$0.84
Price spread: +0.035% → +0.057%
−$2.14
Slippage, 4 orders
−$16.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$33.96
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Hyperliquid: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago6.11 bp8.6 bp −$911.7 bp −$117doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.81 bp7.0 bp −$79.7 bp −$97doesn't fitdoesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2448−0.315%$201K$3K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2457+0.043%$140K$6.3M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2455−0.018%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.613%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.2453−0.120%$407K$7.7M50xas long as short
Kraken Futures PF_ADAUSD+0.0092%1h0.2458+0.070%$6.3M$12.8M50xas long as short
Lighter ADA+0.0096%1h0.2458+0.092%$2.4M$1.1M10xas long as short
Hyperliquid ADAshort+0.0100%1h0.2457+0.035%$42.7M$14.9M10x
Aster ADAUSDT+0.0100%8h0.2455−0.028%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2449−0.290%$159K$161K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ADAUSDT+0.0100%8h0.2458+0.084%$103.8M$372.6M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2458+0.084%$71.7M$111.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2458+0.084%$32.7M$106.2M50xas long as short
Gate ADA_USDT+0.0100%8h0.2453−0.120%$98.4M$58.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2457+0.043%$61.3M$59.8M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2456−0.005%$29.6M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2458+0.084%$66.0M$50.2M75xas long as short
BingX ADA-USDT+0.0100%8h0.2455−0.038%$20.0Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2453−0.111%$125K$448K15xas long as short
Variational Omni ADA+0.0100%8h0.2454−0.079%$4.3M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2455−0.034%$65K$285K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2453−0.113%$293K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2456+0.003%$226K$739K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2455−0.030%$91K$683K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2456+0.003%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2456−0.014%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2459+0.126%$8K$742K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2457+0.043%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2457+0.046%$1.3M$6.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2458+0.084%$47.9M$6.5M50xas long as short
Extended ADA-USDlong+0.0104%1h0.2456long leg$531K$1.8M50x
Paradex ADA-USD-PERP+0.0107%8h0.2448−0.320%$21K$25020xas long as short
Phoenix ADA+0.0163%1h0.2456+0.003%$4K$89K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2457+0.043%$4.5M$5.7M75xas long as short
Reya ADARUSDPERP+0.0279%1h0.2455−0.037%$1K15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0547% / S −0.0339%1h0.2456−0.014%$121K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0646%1h0.2459+0.113%$587K$485K50xas long as short