ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Kalshi−0.183%49s7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as 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−$460.457% of the position

Long on Kalshi Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.225%+$23 on $10k

Price spread, last 7 days+0.161%+$16 · spread now −0.183%, 7d avg +0.050%

Together, before fees+0.387%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.232% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of +0.050%). If the spread goes back, that is −$23 on $10k: about 7.7 days of funding at the current rate (+$3 a day). The two prices were read 49 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	Kalshi KXADAPERP	0.2465	0	get 0.0000% / 8h	3h 32m	$190K	$6.1M	3.2x
Short	KuCoin ADAUSDTM	0.2460	0.0100	get 0.0100% / 8h	7h 32m	$30.1M	$17.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.183%Rate

Funding earned: $21
Price spread: −0.183% → +0.050%: −$23.24
Slippage, 4 orders: −$23.68
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.92
Costs to cover: 0.457%
Break-even: 23.0 days

Slippage from Kalshi: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago	4.05 bp	13.1 bp −$13	20.1 bp −$201	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.42 bp	10.0 bp −$10	18.8 bp −$188	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	0.2461	−0.178%	$202K	$4K	10x	as long as short
Kalshi KXADAPERPlong	0.0000%	8h	0.2465	long leg	$190K	$6.1M	3.2x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2464	−0.058%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.243%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2465	0.000%	$421K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2466	+0.052%	$6.2M	$11.7M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2466	+0.045%	$2.5M	$1.1M	10x	as long as short
Phoenix ADA	+0.0098%	1h	0.2467	+0.065%	$4K	$84K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2462	−0.116%	$1.2M	$947K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2462	−0.101%	$158K	$145K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2465	+0.009%	$102.2M	$365.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2465	0.000%	$72.2M	$104.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2467	+0.081%	$32.5M	$107.1M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2463	−0.081%	$97.9M	$58.8M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2462	−0.122%	$52.7M	$51.1M	300x	as long as short
KuCoin ADAUSDTMshort	+0.0100%	8h	0.2460	−0.183%	$30.1M	$17.9M	75x
Bitget ADAUSDT	+0.0100%	8h	0.2466	+0.041%	$66.2M	$44.0M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2465	0.000%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2466	+0.053%	$118K	$408K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2460	−0.198%	$4.2M	$942K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2461	−0.157%	$65K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2462	−0.125%	$288K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2456	−0.365%	$56K	$583K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2462	−0.130%	$93K	$645K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2465	0.000%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2466	+0.044%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2467	+0.080%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2467	+0.061%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2466	+0.023%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2464	−0.041%	$48.1M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0102%	8h	0.2462	−0.128%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2466	+0.040%	$554K	$1.8M	50x	as long as short
Hyperliquid ADA	+0.0134%	1h	0.2465	−0.020%	$43.0M	$14.4M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2465	0.000%	$4.4M	$5.5M	75x	as long as short
Reya ADARUSDPERP	+0.0283%	1h	0.2463	−0.080%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0440%	1h	0.2467	+0.085%	$496K	$434K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0626% / S −0.0393%	1h	0.2464	−0.045%	$142K	—	100x	as long as short