Funding you earn now, next payment 12:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: SoDEX against gTrade (Gains Network)+0.046%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.046% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread 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 | gTrade (Gains Network) ADA/USD | 0.2461 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 9m 56s | $84K | — | 150x |
| Short | SoDEX ADA-USD | 0.2462 | 0.0100 | get 0.0013% / 1h | 9m 56s | $339 | $6K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against gTrade (Gains Network). 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
- $20.01
- Price spread: +0.046% → 0.000%
- $4.63
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $6.64
- Costs to cover
- 0.180%
- Break-even
- 4.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ADAUSD | −0.0104% | 1h | 0.2462 | +0.033% | $6.3M | $12.8M | 50x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2463 | +0.075% | $172K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDlong | L +0.0005% / S −0.0003% | 1h | 0.2461 | long leg | $84K | — | 150x | |
| dYdX ADA-USD | +0.0005% | 1h | 0.2460 | −0.031% | $207K | $6K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.400% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2463 | +0.071% | $2.4M | $941K | 10x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2465 | +0.172% | $3K | $102K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2465 | +0.160% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2463 | +0.087% | $158K | $148K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2466 | +0.186% | $106.0M | $370.9M | 75x | as long as short |
Show all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2465 | +0.156% | $74.8M | $120.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2467 | +0.237% | $32.5M | $102.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2465 | +0.156% | $101.7M | $58.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2465 | +0.156% | $51.4M | $71.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2465 | +0.176% | $29.5M | $14.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2465 | +0.156% | $67.7M | $48.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2463 | +0.075% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2463 | +0.063% | $143K | $449K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2460 | −0.054% | $4.1M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2465 | +0.159% | $66K | $290K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2466 | +0.210% | $292K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2467 | +0.237% | $66K | $765K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2461 | +0.006% | $91K | $1.5M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2461 | −0.007% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2461 | −0.008% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2462 | +0.033% | $8K | $646K | 30x | as long as short |
| SoDEX ADA-USDshort | +0.0100% | 1h | 0.2462 | +0.046% | $339 | $6K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2463 | +0.055% | $1.3M | $6.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2462 | +0.034% | $47.6M | $7.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2462 | +0.044% | $19K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2465 | +0.141% | $545K | $1.7M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0116% | 1h | 0.2462 | +0.034% | $570K | $834K | 50x | as long as short |
| Hyperliquid ADA | +0.0131% | 1h | 0.2465 | +0.152% | $43.9M | $16.3M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0216% | 1h | 0.2464 | +0.115% | $399K | $7.6M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2462 | +0.034% | $4.6M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0267% | 1h | 0.2461 | −0.017% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0368% / S −0.0294% | 1h | 0.2461 | −0.023% | $87K | — | 100x | as long as short |
gTrade (Gains Network) ADA/USD
SoDEX ADA-USD
Kraken Futures PF_ADAUSD
Kalshi KXADAPERP
Injective ADA/USDC PERP
Lighter ADA
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
GMX ADA/USD [WBTC.b-USDC]