Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h −0.030%
Price spread now: Kalshi against HTX−0.105%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 4 days (all we have)−0.273%−$27 · spread now −0.105%, 7d avg −0.094%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ADA-USDT | 0.2476 | 0.0100 | pay 0.0100% / 8h | 5h 40m | $1.3M | $6.0M | 75x |
| Short | Kalshi KXADAPERP | 0.2473 | 0.0104 | get 0.0104% / 8h | 1h 40m | $166K | $6.3M | 3.2x |
HTX ADA-USDT
Kalshi KXADAPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against HTX. 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
- $0.79
- Price spread: −0.105% → −0.094%
- −$1.12
- Slippage, 4 orders
- −$23.09
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$45.42
- Costs to cover
- 0.451%
- Break-even
- 409.1 days
Slippage from HTX: live order book, 4 min ago; Kalshi: 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 HTX live order book, 4 min ago | 1.28 bp | 13.1 bp −$13 | 25.0 bp −$250 | 59.6 bp −$5,958 | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 6.08 bp | 11.1 bp −$11 | 20.5 bp −$205 | 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 | 0.2469 | −0.279% | $203K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2472 | −0.134% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.186% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2472 | −0.146% | $421K | $7.6M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2473 | −0.097% | $43.0M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2475 | −0.034% | $1.2M | $987K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2470 | −0.218% | $159K | $159K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2473 | −0.105% | $103.8M | $369.5M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2472 | −0.146% | $72.7M | $108.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2474 | −0.065% | $33.0M | $106.1M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2472 | −0.146% | $99.0M | $59.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2472 | −0.146% | $51.9M | $56.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2473 | −0.093% | $29.9M | $16.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2473 | −0.105% | $66.3M | $48.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2473 | −0.105% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2475 | −0.045% | $122K | $419K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2468 | −0.307% | $4.3M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2463 | −0.492% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2464 | −0.478% | $299K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2463 | −0.509% | $227K | $730K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2475 | −0.021% | $95K | $675K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2473 | −0.105% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2474 | −0.056% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2470 | −0.227% | $9K | $746K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2473 | −0.085% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDTlong | +0.0100% | 8h | 0.2476 | long leg | $1.3M | $6.0M | 75x | |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2472 | −0.146% | $48.1M | $6.3M | 50x | as long as short |
| Kalshi KXADAPERPshort | +0.0104% | 8h | 0.2473 | −0.105% | $166K | $6.3M | 3.2x | |
| Extended ADA-USD | +0.0104% | 1h | 0.2472 | −0.134% | $537K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0110% | 8h | 0.2476 | +0.014% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2469 | −0.279% | $4K | $90K | 10x | as long as short |
| Lighter ADA | +0.0176% | 1h | 0.2475 | −0.025% | $2.5M | $1.0M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2466 | −0.388% | $4.5M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0260% | 1h | 0.2473 | −0.119% | $6.3M | $12.4M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2473 | −0.106% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0417% / S −0.0202% | 1h | 0.2473 | −0.115% | $96K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0518% | 1h | 0.2474 | −0.053% | $544K | $458K | 50x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL