ADA

Alert: funding

Alert: spread

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

Price spread now: BloFin against MEXC+0.203%49s7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.282% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.203%, 7d avg +0.054%

Together, before fees+0.228%+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.150% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ADA_USDT	0.2461	0.0100	pay 0.0100% / 8h	1h 36m	$53.1M	$50.5M	300x
Short	BloFin ADA-USDT	0.2466	0.0220	get 0.0220% / 8h	1h 36m	$4.4M	$5.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.203%Rate

Funding earned: $25.2
Price spread: +0.203% → +0.054%: $14.96
Slippage, 4 orders: −$16.17
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $11.99
Costs to cover: 0.282%
Break-even: 3.7 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 2 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 MEXC live order book, 2 min ago	2.02 bp	2.0 bp −$2	4.8 bp −$48	15.8 bp −$1,580	54.2 bp −$27.1K
Sell BloFin live order book, 2 min ago	6.06 bp	12.1 bp −$12	15.9 bp −$159	28.7 bp −$2,875	61.6 bp −$30.8K

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	0.2461	+0.002%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2471	+0.406%	$159K	$5.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2461	−0.015%	$85K	—	150x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0034%	1h	0.2466	+0.215%	$479K	$349K	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2467	+0.244%	$418K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0094%	1h	0.2466	+0.194%	$6.2M	$11.5M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2465	+0.146%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2462	+0.045%	$42.6M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2462	+0.021%	$1.2M	$920K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2463	+0.077%	$158K	$146K	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	0.2462	+0.022%	$102.2M	$356.9M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2461	0.000%	$71.6M	$100.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2461	0.000%	$32.0M	$105.5M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2460	−0.041%	$97.2M	$58.1M	75x	as long as short
MEXC ADA_USDTlong	+0.0100%	8h	0.2461	long leg	$53.1M	$50.5M	300x
KuCoin ADAUSDTM	+0.0100%	8h	0.2461	+0.012%	$30.4M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2461	0.000%	$65.9M	$42.9M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2461	0.000%	—	$20.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2467	+0.223%	$103K	$418K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2473	+0.496%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2472	+0.455%	$66K	$279K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2471	+0.418%	$291K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2474	+0.528%	$56K	$580K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2461	−0.016%	$97K	$623K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2461	0.000%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2466	+0.218%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2468	+0.284%	$9K	$756K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2466	+0.207%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2469	+0.307%	$1.3M	$5.1M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2466	+0.203%	$48.1M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2462	+0.026%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2461	+0.003%	$558K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2472	+0.427%	$4K	$74K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2466	+0.203%	$4.4M	$5.5M	75x
Reya ADARUSDPERP	+0.0285%	1h	0.2461	+0.004%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.406%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0566% / S −0.0313%	1h	0.2460	−0.024%	$122K	—	100x	as long as short