Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Paradex against Gate−0.149%45s7-day average — · you buy dearer than you sell
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.149% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ADA_USDT | 0.2469 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $98.7M | $59.9M | 75x |
| Short | Paradex ADA-USD-PERP | 0.2465 | 0.0109 | get 0.0109% / 8h | 4h 03m | $21K | $250 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Gate. 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
- $1.8
- Price spread: −0.149% → 0.000%
- −$14.94
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$32.14
- Costs to cover
- 0.190%
- Break-even
- 132.0 days
Slippage unknown: Gate: live order book, 5 min ago; Paradex: 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 Gate live order book, 5 min ago | 2.02 bp | 13.1 bp −$13 | 16.2 bp −$162 | 79.0 bp −$7,895 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | 0.2463 | −0.228% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2466 | −0.122% | $160K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2466 | −0.108% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.081% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2464 | −0.203% | $423K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2470 | +0.038% | $6.3M | $12.5M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2472 | +0.122% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2470 | +0.041% | $1.2M | $989K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2465 | −0.145% | $160K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2471 | +0.081% | $104.7M | $370.2M | 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 | 0.2470 | +0.041% | $72.1M | $108.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2471 | +0.081% | $33.1M | $105.6M | 50x | as long as short |
| Gate ADA_USDTlong | +0.0100% | 8h | 0.2469 | long leg | $98.7M | $59.9M | 75x | |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2470 | +0.041% | $61.7M | $61.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2471 | +0.069% | $29.9M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2471 | +0.081% | $66.5M | $49.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2470 | +0.041% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2471 | +0.073% | $131K | $445K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2465 | −0.159% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2470 | +0.027% | $66K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2468 | −0.041% | $298K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2468 | −0.041% | $227K | $747K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2469 | −0.016% | $94K | $689K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2467 | −0.081% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2469 | −0.008% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2468 | −0.043% | $9K | $729K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2469 | −0.020% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2466 | −0.118% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2471 | +0.081% | $48.2M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2470 | +0.032% | $536K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPshort | +0.0109% | 8h | 0.2465 | −0.149% | $21K | $250 | 20x | |
| Phoenix ADA | +0.0195% | 1h | 0.2472 | +0.113% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2467 | −0.081% | $4.5M | $5.8M | 75x | as long as short |
| Hyperliquid ADA | +0.0233% | 1h | 0.2473 | +0.146% | $43.6M | $15.1M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2468 | −0.040% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0595% / S −0.0547% | 1h | 0.2467 | −0.086% | $133K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0601% | 1h | 0.2469 | −0.004% | $599K | $488K | 50x | as long as short |
Gate ADA_USDT
Paradex ADA-USD-PERP
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Phoenix ADA
BloFin ADA-USDT
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL