ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.19 per $10,000 · paid last 24h +0.005%

Price spread now: SoDEX against Injective+0.061%7-day average — · you sell dearer than you buy

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

Long on Injective Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.061% dearer against Injective than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ADA/USDC PERP	0.2471	0.0254	pay 0.0032% / 1h	53m 12s	$849	$202K	12x
Short	SoDEX ADA-USD	0.2472	0.0100	get 0.0013% / 1h	53m 12s	$340	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$32.35
Price spread: +0.061% → 0.000%: $6.07
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$34.3
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample	—	—	—	—	—

Injective and SoDEX: 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-USD	0.0000%	1h	0.2467	−0.143%	$203K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2473	+0.081%	$161K	$6.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2471	−0.018%	$85K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2471	0.000%	$415K	$7.4M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2474	+0.134%	$2.5M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2475	+0.170%	$42.9M	$14.2M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2473	+0.081%	$1.2M	$925K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2468	−0.112%	$158K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2476	+0.218%	$103.0M	$361.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2475	+0.162%	$72.1M	$102.6M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2475	+0.162%	$32.4M	$107.4M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2473	+0.081%	$97.9M	$59.1M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2474	+0.121%	$53.1M	$50.4M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2472	+0.040%	$30.3M	$18.1M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2474	+0.121%	$66.3M	$43.4M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2474	+0.121%	—	$6.5M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2464	−0.277%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2468	−0.119%	$66K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2468	−0.121%	$288K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2464	−0.283%	$56K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2472	+0.020%	$96K	$626K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2471	0.000%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2472	+0.047%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2473	+0.080%	$9K	$760K	30x	as long as short
SoDEX ADA-USDshort	+0.0100%	1h	0.2472	+0.061%	$340	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2473	+0.098%	$1.3M	$5.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2473	+0.081%	$48.3M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2468	−0.115%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2472	+0.042%	$557K	$1.8M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0108%	1h	0.2475	+0.154%	$110K	$418K	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0112%	1h	0.2473	+0.090%	$6.2M	$11.6M	50x	as long as short
Phoenix ADA	+0.0130%	1h	0.2468	−0.117%	$4K	$78K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2471	0.000%	$4.4M	$5.5M	75x	as long as short
Injective ADA/USDC PERPlong	+0.0254%	1h	0.2471	long leg	$849	$202K	12x
Reya ADARUSDPERP	+0.0284%	1h	0.2472	+0.023%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0559%	1h	0.2474	+0.105%	$490K	$403K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0567% / S −0.0313%	1h	0.2471	+0.001%	$123K	—	100x	as long as short