Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against KuCoin+0.012%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.434%+$43 · spread now +0.012%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADAUSDTM | 0.2503 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $30.1M | $15.7M | 75x |
| Short | Phemex ADAUSDT | 0.2503 | 0.0100 | get 0.0100% / 8h | 7h 03m | $48.3M | $7.7M | 50x |
KuCoin ADAUSDTM
Phemex ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- $0
- Price spread: +0.012% → 0.000%
- $1.17
- Slippage, 4 orders
- −$18.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$41.44
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Phemex: live order book, 6 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, 6 min ago | 1.00 bp | 11.3 bp −$11 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 2.00 bp | 11.8 bp −$12 | 15.9 bp −$159 | 44.9 bp −$4,490 | doesn't fit |
ADA on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2503 | +0.012% | $217K | $7.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2501 | −0.053% | $86K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.267% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2504 | +0.048% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2505 | +0.079% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2504 | +0.053% | $160K | $180K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2504 | +0.052% | $106.5M | $397.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2502 | −0.028% | $75.3M | $125.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2504 | +0.052% | $33.3M | $116.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2502 | −0.028% | $102.9M | $63.7M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2503 | +0.012% | $58.6M | $69.8M | 300x | as long as short |
| KuCoin ADAUSDTMlong | +0.0100% | 8h | 0.2503 | long leg | $30.1M | $15.7M | 75x | |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2503 | +0.012% | $68.3M | $52.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2503 | +0.012% | — | $19.8M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2502 | −0.012% | $146K | $467K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2496 | −0.264% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2497 | −0.238% | $66K | $289K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2497 | −0.212% | $295K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2496 | −0.268% | $75K | $897K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2504 | +0.044% | $119K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2503 | +0.012% | $6K | $5K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2505 | +0.100% | $8K | $720K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2504 | +0.032% | $344 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2504 | +0.053% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDTshort | +0.0100% | 8h | 0.2503 | +0.012% | $48.3M | $7.7M | 50x | |
| Paradex ADA-USD-PERP | +0.0103% | 8h | 0.2505 | +0.092% | $21K | — | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2502 | −0.014% | $548K | $1.8M | 50x | as long as short |
| Hyperliquid ADA | +0.0123% | 1h | 0.2505 | +0.104% | $44.2M | $18.5M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0152% | 1h | 0.2500 | −0.108% | $376K | $8.5M | 50x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2497 | −0.220% | $3K | $113K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0195% | 1h | 0.2503 | +0.024% | $6.4M | $13.9M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2496 | −0.268% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0271% | 1h | 0.2503 | +0.012% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0371% / S −0.0295% | 1h | 0.2502 | −0.026% | $89K | — | 100x | as long as short |
| dYdX ADA-USD | +0.0484% | 1h | 0.2502 | −0.039% | $209K | $5K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0669% | 1h | 0.2505 | +0.076% | $640K | $731K | 50x | as long as short |
MEXC ADA_USDT
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
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Paradex ADA-USD-PERP
Extended ADA-USD
Hyperliquid ADA
Coinbase International ADA-PERP-INTX
Phoenix ADA
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
dYdX ADA-USD
Deribit ADA_USDC-PERPETUAL