ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.024%

Price spread now: dYdX against Injective−0.051%7-day average +0.273% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.730%+$73 · spread now −0.051%, 7d avg +0.273%

Together, before fees+0.649%+$65 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.325% cheaper against Injective than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.273%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ADA/USDC PERP	0.2471	0.0033	pay 0.0004% / 1h	12m 25s	$849	$202K	12x
Short	dYdX ADA-USD	0.2470	0	get 0.0000% / 1h	12m 25s	$203K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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 InjectivebpFee dYdXbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$7
Price spread: −0.051% → +0.273%: −$32.46
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$49.48
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; dYdX: live order book, 42 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell dYdX live order book, 42 min ago	125.97 bp	131.0 bp −$131	131.0 bp −$1,310	131.0 bp −$13.1K	131.2 bp −$65.6K

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDshort	0.0000%	1h	0.2470	−0.051%	$203K	$2K	10x
Kalshi KXADAPERP	0.0000%	8h	0.2469	−0.081%	$137K	$6.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2468	−0.108%	$84K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0026%	1h	0.2471	+0.020%	$6.3M	$13.1M	50x	as long as short
Injective ADA/USDC PERPlong	+0.0033%	1h	0.2471	long leg	$849	$202K	12x
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2473	+0.081%	$397K	$8.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2471	0.000%	$2.4M	$1.1M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2469	−0.093%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2470	−0.042%	$158K	$170K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2468	−0.112%	$104.4M	$390.4M	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	0.2467	−0.162%	$74.1M	$115.6M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2470	−0.040%	$33.0M	$111.4M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2467	−0.162%	$100.3M	$62.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2467	−0.162%	$59.5M	$62.7M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2468	−0.130%	$29.7M	$15.3M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2468	−0.121%	$67.2M	$51.4M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2469	−0.081%	—	$19.9M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2463	−0.321%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2468	−0.119%	$66K	$286K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2469	−0.081%	$290K	$4.0M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2472	+0.040%	$228K	$756K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2468	−0.117%	$92K	$630K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2468	−0.121%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2473	+0.077%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2475	+0.158%	$8K	$746K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2472	+0.032%	$340	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2472	+0.023%	$1.3M	$6.7M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2472	+0.040%	$48.2M	$7.0M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2469	−0.068%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2468	−0.130%	$534K	$1.8M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0158%	1h	0.2472	+0.028%	$124K	$472K	15x	as long as short
Phoenix ADA	+0.0161%	1h	0.2468	−0.117%	$4K	$95K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2469	−0.081%	$4.6M	$5.8M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0276%	1h	0.2473	+0.089%	$608K	$533K	50x	as long as short
Reya ADARUSDPERP	+0.0277%	1h	0.2467	−0.182%	$1K	—	15x	as long as short
Hyperliquid ADA	+0.0306%	1h	0.2469	−0.073%	$43.9M	$16.3M	10x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0623% / S −0.0585%	1h	0.2469	−0.096%	$140K	—	100x	as long as short