Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: dYdX against Orderly−0.137%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.137% cheaper against Orderly than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ADA_USDC | 0.2468 | 0.0100 | pay 0.0100% / 8h | 56m 02s | $6K | $36K | 20x |
| Short | dYdX ADA-USD | 0.2465 | 0 | get 0.0000% / 1h | 56m 02s | $203K | $4K | 10x |
Orderly PERP_ADA_USDC
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Orderly. 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
- −$21
- Price spread: −0.137% → 0.000%
- −$13.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$50.65
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 23 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 23 min ago | 83.35 bp | 131.7 bp −$132 | 169.5 bp −$1,695 | 173.3 bp −$17.3K | 182.1 bp −$91.0K |
Orderly: 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-USDshort | 0.0000% | 1h | 0.2465 | −0.137% | $203K | $4K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2466 | −0.081% | $155K | $6.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2468 | −0.017% | $85K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2464 | −0.162% | $414K | $7.4M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2470 | +0.065% | $2.5M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2469 | +0.057% | $42.8M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2468 | +0.015% | $1.2M | $925K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2466 | −0.096% | $158K | $146K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2469 | +0.041% | $102.6M | $360.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2468 | 0.000% | $71.9M | $102.5M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2469 | +0.041% | $32.2M | $106.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2467 | −0.041% | $97.5M | $59.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2467 | −0.041% | $52.6M | $50.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2468 | 0.000% | $30.3M | $18.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2468 | 0.000% | $66.2M | $43.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2469 | +0.041% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2469 | +0.057% | $109K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2459 | −0.358% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2462 | −0.240% | $66K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2459 | −0.345% | $288K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2461 | −0.284% | $55K | $582K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2467 | −0.049% | $96K | $626K | 10x | as long as short |
| Orderly PERP_ADA_USDClong | +0.0100% | 8h | 0.2468 | long leg | $6K | $36K | 20x | |
| Derive ADA-PERP | +0.0100% | 1h | 0.2469 | +0.038% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2467 | −0.041% | $9K | $760K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2468 | 0.000% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2469 | +0.058% | $1.3M | $5.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2468 | 0.000% | $48.2M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2466 | −0.082% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2468 | −0.017% | $557K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0113% | 1h | 0.2469 | +0.045% | $6.2M | $11.6M | 50x | as long as short |
| Phoenix ADA | +0.0131% | 1h | 0.2465 | −0.138% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2466 | −0.081% | $4.4M | $5.5M | 75x | as long as short |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +0.122% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0284% | 1h | 0.2467 | −0.038% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0479% | 1h | 0.2469 | +0.053% | $487K | $400K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0567% / S −0.0313% | 1h | 0.2467 | −0.024% | $122K | — | 100x | as long as short |
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Injective ADA/USDC PERP
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]