ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: BingX against Kalshi−0.163%7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Kalshi Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.274%+$27 on $10k

Price spread, last 7 days+0.179%+$18 · spread now −0.163%, 7d avg +0.051%

Together, before fees+0.452%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.214% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of +0.051%). If the spread goes back, that is −$21 on $10k: about 7.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXADAPERP	0.2455	0	get 0.0000% / 8h	5h 10m	$154K	$6.0M	3.2x
Short	BingX ADA-USDC	0.2451	0.0100	get 0.0100% / 8h	1h 10m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Kalshi. 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 KalshibpFee BingXbpOrdersPrice spread, now −0.163%Rate

Funding earned: $21
Price spread: −0.163% → +0.051%: −$21.39
Slippage, 4 orders: −$28.84
Fee Kalshi: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$49.23
Costs to cover: 0.488%
Break-even: 23.4 days

Slippage from Kalshi: live order book, 3 min ago; BingX: live order book, 6 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 Kalshi live order book, 3 min ago	2.04 bp	7.0 bp −$7	14.3 bp −$143	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	4.07 bp	13.8 bp −$14	24.8 bp −$248	80.1 bp −$8,012	642.9 bp −$321.5K

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	0.2452	−0.137%	$202K	$4K	10x	as long as short
Kalshi KXADAPERPlong	0.0000%	8h	0.2455	long leg	$154K	$6.0M	3.2x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2454	−0.029%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2456	+0.041%	$412K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0095%	1h	0.2454	−0.046%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2454	−0.061%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2454	−0.024%	$42.5M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2453	−0.066%	$1.2M	$922K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2452	−0.110%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2452	−0.122%	$101.8M	$360.4M	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	0.2452	−0.122%	$71.3M	$102.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2452	−0.122%	$31.8M	$105.6M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2450	−0.204%	$96.9M	$59.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2451	−0.163%	$52.7M	$51.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2452	−0.134%	$30.1M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2451	−0.163%	$65.7M	$43.3M	75x	as long as short
BingX ADA-USDCshort	+0.0100%	8h	0.2451	−0.163%	—	$6.6M	—
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2454	−0.041%	$102K	$415K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2458	+0.130%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2455	−0.015%	$65K	$279K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2453	−0.079%	$294K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2454	−0.041%	$55K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2454	−0.037%	$96K	$625K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2454	−0.041%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2455	−0.017%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2455	+0.002%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2454	−0.037%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2455	−0.007%	$1.3M	$5.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2453	−0.081%	$47.8M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2452	−0.135%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2450	−0.183%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2455	+0.008%	$4K	$74K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2455	0.000%	$4.4M	$5.4M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0239%	1h	0.2455	0.000%	$479K	$351K	50x	as long as short
Reya ADARUSDPERP	+0.0285%	1h	0.2454	−0.058%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.652%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0566% / S −0.0313%	1h	0.2453	−0.071%	$122K	—	100x	as long as short