ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against KuCoin−0.032%7-day average +0.037% · 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−$54as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.256%+$26 on $10k

Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.032%, 7d avg +0.037%

Together, before fees+0.454%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.069% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.037%). If the spread goes back, that is −$7 on $10k: about 46 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ADAUSDTM	0.2467	0.0100	pay 0.0100% / 8h	3h 01m	$29.6M	$15.4M	75x
Short	BloFin ADA-USDT	0.2466	0.0220	get 0.0220% / 8h	3h 01m	$4.5M	$5.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.032%Rate

Funding earned: $25.2
Price spread: −0.032% → +0.037%: −$6.91
Slippage, 4 orders: −$22.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.66
Costs to cover: 0.469%
Break-even: 15.0 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 3 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 KuCoin live order book, 3 min ago	3.44 bp	11.1 bp −$11	20.5 bp −$205	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	4.05 bp	11.8 bp −$12	13.9 bp −$139	17.3 bp −$1,727	40.7 bp −$20.3K

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	0.2464	−0.106%	$203K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2466	−0.032%	$136K	$6.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2466	−0.017%	$84K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0026%	1h	0.2467	+0.016%	$6.3M	$13.2M	50x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.170%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2465	−0.073%	$404K	$8.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2469	+0.085%	$2.4M	$1.1M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2467	+0.027%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2466	−0.034%	$158K	$170K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2468	+0.049%	$104.0M	$392.0M	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	0.2467	+0.008%	$73.8M	$116.6M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2468	+0.049%	$33.0M	$111.8M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2465	−0.073%	$99.8M	$63.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2467	+0.008%	$59.2M	$62.9M	300x	as long as short
KuCoin ADAUSDTMlong	+0.0100%	8h	0.2467	long leg	$29.6M	$15.4M	75x
Bitget ADAUSDT	+0.0100%	8h	0.2468	+0.049%	$67.0M	$51.7M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2467	+0.008%	—	$19.9M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2474	+0.295%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2471	+0.162%	$66K	$286K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2473	+0.260%	$290K	$4.0M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2467	+0.008%	$227K	$757K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2467	+0.020%	$93K	$633K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2467	+0.008%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2468	+0.040%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2468	+0.049%	$8K	$747K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2467	+0.028%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2467	−0.012%	$1.3M	$6.7M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2467	+0.008%	$48.1M	$7.0M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2466	−0.029%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2467	+0.022%	$536K	$1.8M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0118%	1h	0.2468	+0.053%	$123K	$456K	15x	as long as short
Phoenix ADA	+0.0161%	1h	0.2470	+0.138%	$4K	$95K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2466	−0.032%	$4.5M	$5.8M	75x
Hyperliquid ADA	+0.0230%	1h	0.2469	+0.081%	$43.9M	$16.3M	10x	as long as short
Reya ADARUSDPERP	+0.0276%	1h	0.2467	+0.008%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0480%	1h	0.2469	+0.069%	$607K	$533K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0623% / S −0.0585%	1h	0.2467	−0.005%	$140K	—	100x	as long as short