Funding you earn now, next payment 08:00 UTC−0.0383%/8h= −41.9% APRpaid last 24h −0.086%
Price spread now: BloFin against GMX+0.020%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.020%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ADA/USD [WBTC.b-USDC] | 0.2456 | L +0.0603% / S −0.0679% | pay 0.0075% / 1h | 42m 53s | $156K | — | 100x |
| Short | BloFin ADA-USDT | 0.2456 | 0.0220 | get 0.0220% / 8h | 42m 53s | $4.5M | $5.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$80.36
- Price spread: +0.020% → +0.033%
- −$1.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.71
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 6 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 4.07 bp | 10.1 bp −$10 | 16.7 bp −$167 | 26.3 bp −$2,633 | 65.2 bp −$32.6K |
GMX: 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 | 0.2455 | −0.008% | $202K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2455 | −0.005% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.631% | $849 | $202K | 12x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2455 | −0.021% | $6K | $5K | 20x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2457 | +0.040% | $43.2M | $18.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2454 | −0.061% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2456 | +0.027% | $157K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2454 | −0.078% | $103.4M | $407.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2454 | −0.061% | $73.0M | $125.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2453 | −0.102% | $32.6M | $118.4M | 50x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2452 | −0.143% | $100.6M | $64.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2454 | −0.061% | $52.4M | $65.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | −0.037% | $29.5M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | −0.102% | $66.6M | $53.7M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.061% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2455 | −0.009% | $140K | $486K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2458 | +0.102% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2460 | +0.165% | $66K | $288K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2455 | −0.024% | $299K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2457 | +0.061% | $78K | $894K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2456 | +0.036% | $126K | $1.2M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2455 | −0.008% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.141% | $8K | $755K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2455 | −0.041% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2456 | +0.037% | $1.3M | $7.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2454 | −0.061% | $47.5M | $7.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2453 | −0.109% | $516K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2458 | +0.106% | $21K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.0104% | 8h | 0.2456 | +0.020% | $179K | $7.6M | 3.2x | as long as short |
| Lighter ADA | +0.0136% | 1h | 0.2456 | +0.028% | $2.4M | $1.0M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2454 | −0.061% | $372K | $8.4M | 50x | as long as short |
| BloFin ADA-USDTshort | +0.0220% | 8h | 0.2456 | +0.020% | $4.5M | $5.9M | 75x | |
| Phoenix ADA | +0.0228% | 1h | 0.2457 | +0.044% | $4K | $112K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0273% | 1h | 0.2456 | +0.040% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0279% | 1h | 0.2454 | −0.076% | $6.3M | $13.9M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]long | L +0.0603% / S −0.0679% | 1h | 0.2456 | long leg | $156K | — | 100x | |
| Deribit ADA_USDC-PERPETUAL | +2.4763% | 1h | 0.2516 | +2.468% | $641K | $614K | 50x | as long as short |
GMX ADA/USD [WBTC.b-USDC]
BloFin ADA-USDT
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Hyperliquid 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-USDT
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
Paradex ADA-USD-PERP
Kalshi KXADAPERP
Lighter ADA
Coinbase International ADA-PERP-INTX
Phoenix ADA
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL