Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.011%
Price spread now: Extended against GRVT−0.679%52s7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.576%+$58 · spread now −0.679%, 7d avg −0.034%
=Together, before fees+0.500%+ Points / potential airdropGRVT: Active · Extended: Active · farm board+$50 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: Extended is 0.645% cheaper against GRVT than usual: you would sell low and buy high, −$65 on $10k if it goes back to its 7-day average of −0.034%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ADA_USDT_Perp | 0.2452 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $295K | $3.7M | 10x |
| Short | Extended ADA-USD | 0.2435 | 0.0104 | get 0.0013% / 1h | 54m 38s | $530K | $1.8M | 50x |
GRVT ADA_USDT_Perp
Extended ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.679% → −0.034%
- −$64.52
- Slippage, 4 orders
- −$21.39
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.07
- Costs to cover
- 0.354%
- Break-even
- 832.6 days
Slippage from GRVT: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 2.05 bp | 15.7 bp −$16 | 35.7 bp −$357 | 3047.3 bp −$304.7K | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.04 bp | 4.5 bp −$5 | 9.9 bp −$99 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ADAUSDT | −0.0012% | 1h | 0.2452 | −0.003% | $56K | $587K | 50x | as long as short |
| dYdX ADA-USD | 0.0000% | 1h | 0.2437 | −0.635% | $200K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2435 | −0.696% | $207K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2434 | −0.718% | $83K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.772% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2432 | −0.819% | $427K | $7.3M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2441 | −0.460% | $4K | $87K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2438 | −0.570% | $42.5M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2436 | −0.642% | $1.2M | $966K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2438 | −0.590% | $157K | $156K | 10x | as long as short |
ApeX Omni ADAUSDT
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Phoenix ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2438 | −0.578% | $101.5M | $373.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2435 | −0.696% | $71.5M | $107.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2437 | −0.615% | $32.3M | $107.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2435 | −0.696% | $97.8M | $58.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2436 | −0.656% | $50.0M | $50.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2438 | −0.582% | $29.8M | $18.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2435 | −0.696% | $65.1M | $46.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2435 | −0.696% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2436 | −0.639% | $128K | $424K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2434 | −0.732% | $4.2M | $992K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2450 | −0.065% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perplong | +0.0100% | 8h | 0.2452 | long leg | $295K | $3.7M | 10x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2434 | −0.725% | $92K | $655K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2434 | −0.737% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2436 | −0.640% | $39K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2436 | −0.655% | $9K | $772K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2435 | −0.676% | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2438 | −0.589% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2436 | −0.656% | $47.4M | $6.4M | 50x | as long as short |
| Lighter ADA | +0.0104% | 1h | 0.2440 | −0.476% | $2.4M | $1.0M | 10x | as long as short |
| Extended ADA-USDshort | +0.0104% | 1h | 0.2435 | −0.679% | $530K | $1.8M | 50x | |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2437 | −0.629% | $20K | $250 | 20x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0161% | 1h | 0.2435 | −0.680% | $487K | $462K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2436 | −0.656% | $4.5M | $5.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2435 | −0.715% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0357% | 1h | 0.2435 | −0.692% | $6.1M | $12.0M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0624% / S −0.0393% | 1h | 0.2435 | −0.700% | $140K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Lighter ADA
Paradex ADA-USD-PERP
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]