Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.046%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.034%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.034% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ADAUSD | 0.2441 | 0.0020 | pay 0.0002% / 1h | 35m 39s | $6.2M | $13.3M | 50x |
| Short | gTrade (Gains Network) ADA/USD | 0.2440 | L +0.0005% / S −0.0003% | get 0.0000% / 1h | 35m 39s | $83K | — | 150x |
Kraken Futures PF_ADAUSD
gTrade (Gains Network) ADA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.48
- Price spread: −0.034% → 0.000%
- −$3.36
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$26.84
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 3 min ago | 0.20 bp | 9.1 bp −$9 | 12.8 bp −$128 | 52.3 bp −$5,235 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | 0.2445 | +0.134% | $201K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2442 | +0.029% | $157K | $7.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDshort | L +0.0005% / S −0.0003% | 1h | 0.2440 | −0.034% | $83K | — | 150x | |
| Kraken Futures PF_ADAUSDlong | +0.0020% | 1h | 0.2441 | long leg | $6.2M | $13.3M | 50x | |
| Phoenix ADA | +0.0032% | 1h | 0.2444 | +0.115% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.217% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2447 | +0.242% | $2.4M | $989K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2446 | +0.181% | $42.2M | $17.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2444 | +0.124% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2446 | +0.189% | $157K | $170K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2446 | +0.179% | $103.2M | $396.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2446 | +0.193% | $71.4M | $119.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2447 | +0.234% | $32.7M | $112.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2444 | +0.111% | $98.8M | $63.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2447 | +0.234% | $58.1M | $63.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2445 | +0.140% | $29.3M | $15.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2445 | +0.152% | $66.4M | $52.2M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2444 | +0.111% | — | $20.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2443 | +0.070% | $115K | $469K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2440 | −0.047% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2443 | +0.059% | $65K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2442 | +0.021% | $291K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2440 | −0.052% | $226K | $761K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2442 | +0.013% | $113K | $788K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2441 | −0.012% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2441 | −0.004% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2445 | +0.152% | $8K | $751K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2441 | −0.007% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2442 | +0.041% | $1.3M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2442 | +0.029% | $47.6M | $7.0M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2446 | +0.192% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2444 | +0.126% | $531K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2442 | +0.029% | $380K | $8.2M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2446 | +0.193% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2440 | −0.051% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0406% | 1h | 0.2442 | +0.038% | $600K | $550K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0620% / S −0.0585% | 1h | 0.2440 | −0.054% | $138K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]