Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: edgeX against GRVT−0.037%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.037%, 7d avg −0.010%
=Together, before fees+0.093%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.027% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ADA_USDT_Perp | 0.2451 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $296K | $3.7M | 10x |
| Short | edgeX ADAUSDC | 0.2450 | 0.0100 | get 0.0050% / 4h | 3h 41m | $65K | $281K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against GRVT. 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
- $0
- Price spread: −0.037% → −0.010%
- −$2.65
- Slippage, 4 orders
- −$23.71
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$44.36
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; edgeX: live order book, 32 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 | 9.6 bp −$10 | 20.9 bp −$209 | 2453.2 bp −$245.3K | doesn't fit |
| Sell edgeX live order book, 32 min ago | 6.14 bp | 10.8 bp −$11 | 29.9 bp −$299 | doesn't fit | doesn't fit |
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 | 0.2449 | −0.066% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2451 | −0.001% | $195K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2448 | −0.114% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.815% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2447 | −0.164% | $412K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0048% | 1h | 0.2449 | −0.094% | $6.2M | $11.7M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2450 | −0.050% | $2.4M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2450 | −0.034% | $4K | $84K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2450 | −0.034% | $42.6M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2450 | −0.044% | $1.2M | $944K | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ADA | +0.0100% | 1h | 0.2450 | −0.021% | $157K | $145K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2450 | −0.062% | $101.3M | $364.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2450 | −0.042% | $71.6M | $103.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2451 | −0.001% | $32.3M | $106.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | −0.123% | $97.7M | $58.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2447 | −0.164% | $52.6M | $51.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2449 | −0.103% | $30.0M | $17.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2449 | −0.083% | $65.8M | $43.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2449 | −0.083% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2449 | −0.091% | $108K | $411K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2451 | +0.004% | $4.2M | $944K | — | as long as short |
| edgeX ADAUSDCshort | +0.0100% | 4h | 0.2450 | −0.037% | $65K | $281K | 20x | |
| GRVT ADA_USDT_Perplong | +0.0100% | 8h | 0.2451 | long leg | $296K | $3.7M | 10x | |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2446 | −0.205% | $55K | $583K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2449 | −0.074% | $93K | $644K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2448 | −0.123% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2449 | −0.100% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | +0.121% | $9K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2449 | −0.099% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2449 | −0.096% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2448 | −0.123% | $47.8M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2450 | −0.053% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | −0.124% | $552K | $1.8M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0118% | 1h | 0.2449 | −0.074% | $494K | $430K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2452 | +0.040% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2450 | −0.040% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0623% / S −0.0393% | 1h | 0.2448 | −0.138% | $141K | — | 100x | as long as short |
GRVT ADA_USDT_Perp
edgeX ADAUSDC
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Phoenix ADA
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
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
GMX ADA/USD [WBTC.b-USDC]