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

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Pacifica against Extended+0.376%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs+$9as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.376%, 7d avg +0.042%
Together, before fees−0.214%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$21 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: Pacifica is 0.334% dearer against Extended than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ADA-USD0.24450.0104pay 0.0013% / 1h9m 59s$532K$1.8M50x
ShortPacifica ADA0.24550.0100get 0.0013% / 1h9m 59s$158K$157K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.376% → +0.042%
$33.39
Slippage, 4 orders
−$11.75
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$7.79
Costs to cover
0.248%
Break-even
from the start
Slippage from Extended: live order book, 3 min ago; Pacifica: live order book, 58 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, 3 min ago2.04 bp4.5 bp −$57.4 bp −$74doesn't fitdoesn't fit
Sell Pacifica live order book, 58 min ago2.62 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit

ADA on 36 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%1h0.2453+0.317%$202K$3K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2450+0.205%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+1.047%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2456+0.434%$406K$7.4M50xas long as short
Hyperliquid ADA+0.0100%1h0.2451+0.234%$42.7M$14.4M10xas long as short
Aster ADAUSDT+0.0100%8h0.2451+0.230%$1.2M$977K75xas long as short
Pacifica ADAshort+0.0100%1h0.2455+0.376%$158K$157K10x
Binance ADAUSDT+0.0100%8h0.2448+0.127%$102.8M$371.1M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2449+0.148%$72.0M$108.7M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2446+0.025%$32.6M$107.0M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ADA_USDT+0.0100%8h0.2448+0.107%$97.8M$60.3M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2446+0.025%$58.8M$52.9M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2448+0.090%$29.8M$17.6M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2446+0.025%$65.5M$47.2M75xas long as short
BingX ADA-USDC+0.0100%8h0.2451+0.229%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2449+0.156%$129K$410K15xas long as short
Variational Omni ADA+0.0100%8h0.2455+0.396%$4.2M$992Kas long as short
edgeX ADAUSDC+0.0100%4h0.2452+0.291%$65K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2455+0.373%$297K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2457+0.475%$56K$590K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2453+0.295%$93K$670K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2450+0.189%$6K$16K20xas long as short
Derive ADA-PERP+0.0100%1h0.2452+0.261%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2453+0.308%$9K$760K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2451+0.234%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2451+0.216%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2450+0.189%$47.7M$6.3M50xas long as short
Extended ADA-USDlong+0.0104%1h0.2445long leg$532K$1.8M50x
Paradex ADA-USD-PERP+0.0108%8h0.2455+0.396%$21K$25020xas long as short
Kalshi KXADAPERP+0.0108%8h0.2454+0.352%$163K$6.3M3.2xas long as short
Phoenix ADA+0.0163%1h0.2456+0.430%$4K$87K10xas long as short
Lighter ADA+0.0200%1h0.2453+0.303%$2.4M$1.0M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0240%1h0.2451+0.242%$501K$470K50xas long as short
Reya ADARUSDPERP+0.0281%1h0.2452+0.270%$1K15xas long as short
Kraken Futures PF_ADAUSD+0.0354%1h0.2451+0.211%$6.2M$12.1M50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0415% / S −0.0202%1h0.2450+0.187%$95K100xas long as short