ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.056%

Price spread now: BloFin against GRVT+0.051%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.199%+$20 on $10k

Price spread, last 3 days (all we have)+0.377%+$38 · spread now +0.051%, 7d avg +0.064%

Together, before fees+0.576%+ Points / potential airdropGRVT: Active · farm board+$58 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT ADA_USDT_Perp	0.2447	0.0100	pay 0.0100% / 8h	2h 46m	$286K	$3.9M	10x
Short	BloFin ADA-USDT	0.2448	0.0220	get 0.0220% / 8h	2h 46m	$4.4M	$5.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now +0.051%Rate

Funding earned: $25.2
Price spread: +0.051% → +0.064%: −$1.29
Slippage, 4 orders: −$20.11
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$17.19
Costs to cover: 0.411%
Break-even: 11.8 days

Slippage from GRVT: live order book, 3 min ago; BloFin: live order book, 2 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 GRVT live order book, 3 min ago	2.04 bp	10.3 bp −$10	17.8 bp −$178	1444.3 bp −$144.4K	doesn't fit
Sell BloFin live order book, 2 min ago	6.13 bp	12.1 bp −$12	14.0 bp −$140	26.2 bp −$2,624	53.3 bp −$26.7K

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	0.2447	+0.016%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2450	+0.133%	$153K	$5.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2448	+0.061%	$87K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2446	−0.031%	$409K	$7.2M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0077%	1h	0.2449	+0.096%	$476K	$353K	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2449	+0.092%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2448	+0.059%	$42.4M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2448	+0.068%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2446	−0.021%	$156K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2448	+0.051%	$100.8M	$354.3M	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	0.2447	+0.010%	$70.5M	$99.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2448	+0.051%	$32.1M	$104.5M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2447	+0.010%	$97.0M	$57.2M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2447	+0.010%	$52.7M	$56.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2448	+0.035%	$30.5M	$18.4M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2448	+0.051%	$65.5M	$42.7M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2448	+0.051%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2448	+0.035%	$104K	$413K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2447	−0.010%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2448	+0.045%	$65K	$280K	20x	as long as short
GRVT ADA_USDT_Perplong	+0.0100%	8h	0.2447	long leg	$286K	$3.9M	10x
ApeX Omni ADAUSDT	+0.0100%	1h	0.2448	+0.051%	$55K	$579K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2446	−0.035%	$96K	$683K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2448	+0.051%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2448	+0.065%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2447	+0.009%	$9K	$757K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2447	+0.030%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2447	+0.003%	$1.3M	$4.9M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2448	+0.051%	$47.8M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2447	+0.014%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2447	+0.022%	$560K	$1.8M	50x	as long as short
Phoenix ADA	+0.0195%	1h	0.2449	+0.104%	$4K	$82K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2448	+0.051%	$4.4M	$5.4M	75x
Reya ADARUSDPERP	+0.0287%	1h	0.2448	+0.070%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0337%	1h	0.2448	+0.035%	$6.1M	$11.5M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0520% / S −0.0277%	1h	0.2448	+0.054%	$113K	—	100x	as long as short
Injective ADA/USDC PERP	+0.0533%	1h	0.2457	+0.419%	$844	$95K	12x	as long as short