Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Lighter−0.207%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 7 days+0.337%+$34 · spread now −0.207%, 7d avg +0.005%
=Together, before fees+0.462%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.211% cheaper against Lighter than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2468 | 0.0096 | pay 0.0012% / 1h | 43m 27s | $2.4M | $987K | 10x |
| Short | Bitget ADAUSDT | 0.2463 | 0.0100 | get 0.0100% / 8h | 2h 43m | $67.0M | $51.8M | 75x |
Lighter ADA
Bitget ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- $0.84
- Price spread: −0.207% → +0.005%
- −$21.14
- Slippage, 4 orders
- −$17.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$49.5
- Costs to cover
- 0.292%
- Break-even
- 419.5 days
Slippage from Lighter: live order book, 3 min ago; Bitget: 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 Lighter live order book, 3 min ago | 2.02 bp | 5.1 bp −$5 | 11.6 bp −$116 | 40.2 bp −$4,020 | doesn't fit |
| Sell Bitget live order book, 6 min ago | 2.02 bp | 8.0 bp −$8 | 12.5 bp −$125 | 25.4 bp −$2,543 | 91.2 bp −$45.6K |
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 | 0.2465 | −0.127% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2468 | −0.004% | $152K | $7.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2462 | −0.227% | $84K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0019% | 1h | 0.2468 | −0.014% | $6.3M | $13.3M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2470 | +0.073% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.117% | $849 | $202K | 12x | as long as short |
| Lighter ADAlong | +0.0096% | 1h | 0.2468 | long leg | $2.4M | $987K | 10x | |
| Hyperliquid ADA | +0.0100% | 1h | 0.2465 | −0.126% | $43.8M | $16.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2463 | −0.196% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2466 | −0.070% | $158K | $170K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
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 | 0.2462 | −0.227% | $103.9M | $393.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2462 | −0.247% | $73.1M | $117.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2463 | −0.207% | $33.0M | $112.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2463 | −0.207% | $99.6M | $62.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2462 | −0.247% | $59.3M | $62.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2464 | −0.186% | $29.6M | $15.4M | 75x | as long as short |
| Bitget ADAUSDTshort | +0.0100% | 8h | 0.2463 | −0.207% | $67.0M | $51.8M | 75x | |
| BingX ADA-USDC | +0.0100% | 8h | 0.2462 | −0.247% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | −0.042% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2470 | +0.075% | $66K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2471 | +0.118% | $289K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2470 | +0.077% | $229K | $760K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2463 | −0.199% | $94K | $635K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2469 | +0.036% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2469 | +0.041% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2470 | +0.078% | $8K | $747K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2468 | −0.008% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2469 | +0.021% | $1.3M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2467 | −0.045% | $48.1M | $7.0M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2467 | −0.063% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2465 | −0.131% | $537K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2467 | −0.045% | $395K | $8.3M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0140% | 1h | 0.2468 | −0.008% | $124K | $457K | 15x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2468 | −0.004% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2463 | −0.205% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0317% | 1h | 0.2469 | +0.053% | $607K | $542K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0623% / S −0.0585% | 1h | 0.2461 | −0.280% | $140K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
BingX ADA-USDC
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
Backpack ADA_USDC_PERP
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]