Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: edgeX against Hyperliquid−0.220%106s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as 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−$360.363% of the position
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 4 days (all we have)+0.951%+$95 · spread now −0.220%, 7d avg −0.001%
=Together, before fees+1.157%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$116 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 0.218% cheaper against Hyperliquid than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 106 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 | Hyperliquid ADA | 0.2458 | 0.0100 | pay 0.0013% / 1h | 11m 46s | $42.8M | $14.4M | 10x |
| Short | edgeX ADAUSDC | 0.2452 | 0.0100 | get 0.0050% / 4h | 2h 11m | $65K | $284K | 20x |
Hyperliquid ADA
edgeX ADAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. 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: −0.220% → −0.001%
- −$21.84
- Slippage, 4 orders
- −$18.29
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$58.13
- Costs to cover
- 0.363%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; edgeX: live order book, 56 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 Hyperliquid live order book, 12 min ago | 1.62 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 56 min ago | 6.05 bp | 10.6 bp −$11 | 26.4 bp −$264 | doesn't fit | doesn't fit |
ADA on 36 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 | 0.2455 | −0.136% | $202K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2458 | +0.021% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.533% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2452 | −0.240% | $404K | $7.4M | 50x | as long as short |
| Hyperliquid ADAlong | +0.0100% | 1h | 0.2458 | long leg | $42.8M | $14.4M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2458 | +0.004% | $1.2M | $971K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2456 | −0.090% | $158K | $157K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2456 | −0.080% | $103.1M | $371.5M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2454 | −0.159% | $72.2M | $108.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2455 | −0.118% | $32.6M | $107.4M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2456 | −0.077% | $98.1M | $60.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2459 | +0.045% | $59.2M | $52.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2457 | −0.028% | $29.9M | $17.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2457 | −0.037% | $65.8M | $47.1M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2457 | −0.037% | — | $20.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2458 | +0.016% | $130K | $410K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2452 | −0.238% | $4.2M | $992K | — | as long as short |
| edgeX ADAUSDCshort | +0.0100% | 4h | 0.2452 | −0.220% | $65K | $284K | 20x | |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2452 | −0.251% | $296K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2452 | −0.240% | $56K | $589K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2458 | −0.004% | $94K | $670K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2459 | +0.045% | $6K | $26K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2460 | +0.091% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.042% | $9K | $760K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2460 | +0.065% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2458 | −0.009% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2459 | +0.045% | $47.8M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2458 | 0.000% | $532K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2458 | −0.007% | $21K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.0108% | 8h | 0.2457 | −0.037% | $163K | $6.3M | 3.2x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2456 | −0.081% | $4K | $87K | 10x | as long as short |
| Lighter ADA | +0.0200% | 1h | 0.2457 | −0.049% | $2.4M | $1.0M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0281% | 1h | 0.2457 | −0.017% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0353% | 1h | 0.2459 | +0.033% | $6.2M | $12.1M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0416% / S −0.0202% | 1h | 0.2458 | −0.005% | $95K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0441% | 1h | 0.2460 | +0.098% | $503K | $470K | 50x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Kalshi KXADAPERP
Phoenix ADA
Lighter ADA
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL