ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.017%

Price spread now: SoDEX against Kraken Futures−0.030%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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

Funding pays, the price is against you. SoDEX is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 30 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ADAUSD	0.2470	0.0019	pay 0.0002% / 1h	53m 01s	$6.3M	$13.3M	50x
Short	SoDEX ADA-USD	0.2469	0.0100	get 0.0013% / 1h	53m 01s	$340	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 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 Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $16.92
Price spread: −0.030% → 0.000%: −$2.99
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$4.07
Costs to cover: 0.180%
Break-even: 8.7 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; 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 Kraken Futures live order book, 1 min ago	0.20 bp	10.4 bp −$10	12.8 bp −$128	37.1 bp −$3,711	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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	0.2466	−0.152%	$203K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2467	−0.115%	$140K	$7.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2468	−0.059%	$84K	—	150x	as long as short
Kraken Futures PF_ADAUSDlong	+0.0019%	1h	0.2470	long leg	$6.3M	$13.3M	50x
Phoenix ADA	+0.0032%	1h	0.2471	+0.039%	$4K	$105K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.047%	$849	$202K	12x	as long as short
Lighter ADA	+0.0096%	1h	0.2471	+0.063%	$2.4M	$986K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2472	+0.067%	$44.0M	$16.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2469	−0.025%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2468	−0.087%	$158K	$170K	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	0.2470	+0.007%	$104.0M	$393.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2469	−0.034%	$73.4M	$117.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2470	+0.007%	$33.0M	$112.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2468	−0.074%	$99.9M	$62.4M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2470	+0.007%	$59.2M	$62.6M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2470	−0.010%	$29.6M	$15.4M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2470	+0.007%	$67.1M	$51.7M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2469	−0.034%	—	$6.5M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2470	+0.009%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2469	−0.048%	$66K	$285K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2471	+0.057%	$289K	$4.0M	10x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2469	−0.018%	$94K	$635K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2469	−0.034%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2469	−0.029%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2470	+0.007%	$8K	$748K	30x	as long as short
SoDEX ADA-USDshort	+0.0100%	1h	0.2469	−0.030%	$340	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2469	−0.044%	$1.3M	$6.7M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2469	−0.034%	$48.1M	$7.0M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2468	−0.090%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2469	−0.041%	$534K	$1.8M	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0104%	1h	0.2469	−0.034%	$409K	$8.3M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0110%	1h	0.2471	+0.039%	$123K	$456K	15x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2469	−0.034%	$4.5M	$5.8M	75x	as long as short
ApeX Omni ADAUSDT	+0.0245%	1h	0.2470	+0.007%	$228K	$758K	50x	as long as short
Reya ADARUSDPERP	+0.0276%	1h	0.2470	−0.013%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0398%	1h	0.2471	+0.035%	$607K	$534K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0624% / S −0.0585%	1h	0.2468	−0.068%	$140K	—	100x	as long as short