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: Variational Omni against Kalshi−0.077%7-day average +0.042% · you buy dearer than you sell

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

Long on Kalshi Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.100%+$10 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.077%, 7d avg +0.042%

Together, before fees+0.116%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.119% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of +0.042%). If the spread goes back, that is −$12 on $10k: about 4.0 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	0.2453	0	get 0.0000% / 8h	3h 39m	$195K	$6.1M	3.2x
Short	Variational Omni ADA	0.2451	0.0100	get 0.0100% / 8h	7h 39m	$4.2M	$944K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.077%Rate

Funding earned: $21
Price spread: −0.077% → +0.042%: −$11.86
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.86
Costs to cover: 0.100%
Break-even: 7.3 days

Slippage unknown: Kalshi: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Kalshi live order book, 4 min ago	2.04 bp	22.9 bp −$23	29.0 bp −$290	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	8.18 bp	doesn't fit	8.2 bp −$82	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	0.2449	−0.149%	$202K	$4K	10x	as long as short
Kalshi KXADAPERPlong	0.0000%	8h	0.2453	long leg	$195K	$6.1M	3.2x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2454	+0.022%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.734%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2449	−0.163%	$412K	$7.2M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2455	+0.072%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2457	+0.143%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0098%	1h	0.2450	−0.114%	$4K	$84K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2456	+0.122%	$42.7M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2454	+0.047%	$1.2M	$944K	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ADA	+0.0100%	1h	0.2451	−0.101%	$157K	$145K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2454	+0.054%	$101.5M	$364.2M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2454	+0.041%	$71.9M	$103.6M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2455	+0.082%	$32.4M	$106.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2453	0.000%	$97.8M	$58.4M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2454	+0.041%	$52.7M	$51.0M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2455	+0.065%	$30.1M	$17.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2454	+0.041%	$66.0M	$43.8M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2454	+0.041%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2456	+0.130%	$111K	$411K	15x	as long as short
Variational Omni ADAshort	+0.0100%	8h	0.2451	−0.077%	$4.2M	$944K	—
edgeX ADAUSDC	+0.0100%	4h	0.2450	−0.117%	$65K	$281K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2451	−0.081%	$296K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2446	−0.285%	$55K	$583K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2454	+0.029%	$93K	$644K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2454	+0.041%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2455	+0.075%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2455	+0.081%	$9K	$764K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2455	+0.061%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2453	−0.014%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2454	+0.041%	$47.9M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2453	+0.009%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2453	0.000%	$552K	$1.8M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2452	−0.041%	$4.4M	$5.5M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0239%	1h	0.2455	+0.098%	$492K	$434K	50x	as long as short
Reya ADARUSDPERP	+0.0283%	1h	0.2454	+0.042%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0624% / S −0.0393%	1h	0.2454	+0.042%	$141K	—	100x	as long as short