ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against Gate+0.065%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days−0.054%−$5 · spread now +0.065%, 7d avg +0.029%

Together, before fees−0.081%−$8 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: KuCoin is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ADA_USDT	0.2443	0.0097	pay 0.0097% / 8h	2h 36m	$96.6M	$57.5M	75x
Short	KuCoin ADAUSDTM	0.2445	0.0100	get 0.0100% / 8h	2h 36m	$30.3M	$18.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0.63
Price spread: +0.065% → +0.029%: $3.61
Slippage, 4 orders: −$23.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.27
Costs to cover: 0.505%
Break-even: 521.2 days

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 3 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 Gate live order book, 3 min ago	2.05 bp	16.7 bp −$17	21.1 bp −$211	91.9 bp −$9,193	doesn't fit
Sell KuCoin live order book, 3 min ago	0.20 bp	10.3 bp −$10	19.8 bp −$198	doesn't fit	doesn't fit

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-USD	0.0000%	1h	0.2445	+0.065%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2446	+0.123%	$153K	$5.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2445	+0.073%	$87K	—	150x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0036%	1h	0.2446	+0.106%	$475K	$354K	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2447	+0.164%	$407K	$7.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2447	+0.143%	$2.4M	$1.3M	10x	as long as short
Gate ADA_USDTlong	+0.0097%	8h	0.2443	long leg	$96.6M	$57.5M	75x
Hyperliquid ADA	+0.0100%	1h	0.2445	+0.094%	$42.4M	$14.5M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2445	+0.099%	$1.2M	$999K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2445	+0.087%	$156K	$147K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2445	+0.097%	$100.8M	$355.4M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2444	+0.041%	$70.4M	$99.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2444	+0.041%	$31.8M	$104.9M	50x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2444	+0.041%	$52.3M	$56.5M	300x	as long as short
KuCoin ADAUSDTMshort	+0.0100%	8h	0.2445	+0.065%	$30.3M	$18.3M	75x
Bitget ADAUSDT	+0.0100%	8h	0.2445	+0.082%	$65.5M	$42.7M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2445	+0.082%	—	$20.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2445	+0.082%	$101K	$411K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2448	+0.185%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2442	−0.029%	$65K	$279K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2448	+0.202%	$286K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2448	+0.205%	$55K	$579K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2445	+0.061%	$96K	$641K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2445	+0.082%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2445	+0.073%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2445	+0.082%	$9K	$758K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2445	+0.061%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2447	+0.144%	$1.3M	$4.9M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2445	+0.082%	$47.7M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2445	+0.068%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2444	+0.050%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0195%	1h	0.2447	+0.160%	$4K	$82K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2451	+0.327%	$4.4M	$5.4M	75x	as long as short
Reya ADARUSDPERP	+0.0287%	1h	0.2444	+0.034%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0338%	1h	0.2444	+0.057%	$6.1M	$11.5M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0437% / S −0.0277%	1h	0.2445	+0.077%	$113K	—	100x	as long as short
Injective ADA/USDC PERP	+0.0533%	1h	0.2440	−0.123%	$838	$131K	12x	as long as short