ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0355%/8h= −38.9% APRnext payment −$0.44 per $10,000 · paid last 24h −0.057%

Price spread now: Reya against GMX−0.046%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Reya is 0.046% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ADA/USD [WBTC.b-USDC]	0.2434	L +0.0630% / S −0.0728%	pay 0.0079% / 1h	36m 09s	$163K	—	100x
Short	Reya ADARUSDPERP	0.2433	0.0275	get 0.0034% / 1h	36m 09s	$1K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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 GMXbpFee ReyabpOrdersPrice spread, now −0.046%Rate

Funding earned: −$74.57
Price spread: −0.046% → 0.000%: −$4.63
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$97.2
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

GMX and Reya: 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
Kalshi KXADAPERP	0.0000%	8h	0.2437	+0.117%	$200K	$7.6M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2434	+0.011%	$83K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+1.514%	$849	$202K	12x	as long as short
dYdX ADA-USD	+0.0075%	1h	0.2433	−0.037%	$200K	$2K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2435	+0.035%	$6K	$5K	20x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2436	+0.091%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2437	+0.117%	$156K	$178K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2437	+0.117%	$102.5M	$409.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2436	+0.076%	$72.2M	$124.7M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2437	+0.117%	$32.4M	$117.7M	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	0.2434	−0.006%	$99.6M	$64.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2437	+0.117%	$51.8M	$64.8M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2437	+0.101%	$29.4M	$15.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2436	+0.076%	$66.2M	$53.3M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2435	+0.035%	—	$20.3M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2437	+0.120%	$4.1M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2435	+0.054%	$65K	$286K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2439	+0.198%	$292K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2439	+0.199%	$81K	$891K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2434	−0.010%	$129K	$1.2M	10x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2437	+0.134%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2437	+0.117%	$8K	$763K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2435	+0.051%	$335	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2437	+0.114%	$1.3M	$7.0M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2436	+0.076%	$47.3M	$7.4M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2434	+0.010%	$512K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0106%	8h	0.2438	+0.161%	$20K	$250	20x	as long as short
Lighter ADA	+0.0112%	1h	0.2437	+0.117%	$2.4M	$1.0M	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0120%	1h	0.2439	+0.199%	$381K	$8.6M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0145%	1h	0.2438	+0.154%	$139K	$483K	15x	as long as short
Phoenix ADA	+0.0163%	1h	0.2435	+0.043%	$4K	$111K	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0171%	1h	0.2435	+0.054%	$6.3M	$13.9M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2440	+0.240%	$4.4M	$5.8M	75x	as long as short
Hyperliquid ADA	+0.0267%	1h	0.2436	+0.068%	$42.8M	$18.1M	10x	as long as short
Reya ADARUSDPERPshort	+0.0275%	1h	0.2433	−0.046%	$1K	—	15x
Deribit ADA_USDC-PERPETUAL	+0.0572%	1h	0.2436	+0.088%	$622K	$617K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]long	L +0.0630% / S −0.0728%	1h	0.2434	long leg	$163K	—	100x