ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0315%/8h= −34.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.110%

Price spread now: Pacifica against GMX+0.093%7-day average −0.005% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.341%−$34 on $10k

Price spread, last 3 days (all we have)−0.227%−$23 · spread now +0.093%, 7d avg −0.005%

Together, before fees−0.569%+ Points / potential airdropPacifica: Active · farm board−$57 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.099% dearer against GMX than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.005%): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ADA/USD [WBTC.b-USDC]	0.2445	L +0.0415% / S −0.0202%	pay 0.0052% / 1h	9m 28s	$95K	—	100x
Short	Pacifica ADA	0.2447	0.0100	get 0.0013% / 1h	9m 28s	$157K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GMXbpFee PacificabpOrdersPrice spread, now +0.093%Rate

Funding earned: −$66.15
Price spread: +0.093% → −0.005%: $9.86
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$76.29
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 58 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 Pacifica live order book, 58 min ago	2.62 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

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 36 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	−0.019%	$201K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2445	+0.011%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+1.058%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0048%	1h	0.2456	+0.445%	$406K	$7.4M	50x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2447	+0.073%	$42.6M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2447	+0.061%	$1.2M	$977K	75x	as long as short
Pacifica ADAshort	+0.0100%	1h	0.2447	+0.093%	$157K	$159K	10x
Binance ADAUSDT	+0.0100%	8h	0.2446	+0.045%	$102.7M	$371.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2446	+0.036%	$72.0M	$108.8M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2446	+0.036%	$32.5M	$106.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2444	−0.046%	$97.8M	$60.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2445	−0.005%	$58.8M	$52.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2446	+0.028%	$29.8M	$17.6M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2445	−0.005%	$65.5M	$47.2M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2445	−0.005%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2449	+0.167%	$129K	$410K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2455	+0.407%	$4.2M	$992K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2456	+0.445%	$65K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2454	+0.381%	$297K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2454	+0.363%	$56K	$589K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2446	+0.048%	$93K	$670K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2450	+0.200%	$6K	$16K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2452	+0.272%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2453	+0.319%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2451	+0.245%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2451	+0.227%	$1.3M	$5.8M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2450	+0.200%	$47.7M	$6.3M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2445	+0.011%	$532K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0108%	8h	0.2448	+0.123%	$21K	$250	20x	as long as short
Kalshi KXADAPERP	+0.0108%	8h	0.2454	+0.363%	$163K	$6.3M	3.2x	as long as short
Phoenix ADA	+0.0163%	1h	0.2456	+0.441%	$4K	$87K	10x	as long as short
Lighter ADA	+0.0192%	1h	0.2448	+0.122%	$2.4M	$1.0M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0240%	1h	0.2451	+0.253%	$501K	$470K	50x	as long as short
Reya ADARUSDPERP	+0.0281%	1h	0.2446	+0.036%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0354%	1h	0.2451	+0.222%	$6.2M	$12.1M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]long	L +0.0415% / S −0.0202%	1h	0.2445	long leg	$95K	—	100x