Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.023%
Price spread now: dYdX against Pacifica+0.016%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1741.741% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.016%, 7d avg −0.022%
=Together, before fees−0.255%+ Points / potential airdropPacifica: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.038% dearer against Pacifica than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.022%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ADA | 0.2452 | 0.0100 | pay 0.0013% / 1h | 51m 05s | $157K | $147K | 10x |
| Short | dYdX ADA-USD | 0.2453 | 0 | get 0.0000% / 1h | 51m 05s | $202K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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: +0.016% → −0.022%
- $3.8
- Slippage, 4 orders
- −$156.06
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$191.26
- Costs to cover
- 1.741%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 32 min ago; dYdX: live order book, 33 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 Pacifica live order book, 32 min ago | 3.45 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 33 min ago | 73.35 bp | 78.3 bp −$78 | 144.4 bp −$1,444 | 154.6 bp −$15.5K | 164.3 bp −$82.1K |
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 | 0.2453 | +0.016% | $202K | $4K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2453 | +0.025% | $165K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2452 | +0.004% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2452 | −0.016% | $407K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0095% | 1h | 0.2452 | −0.011% | $6.2M | $11.4M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2454 | +0.049% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2453 | +0.013% | $42.5M | $14.5M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2452 | −0.014% | $1.2M | $999K | 75x | as long as short |
| Pacifica ADAlong | +0.0100% | 1h | 0.2452 | long leg | $157K | $147K | 10x | |
| Binance ADAUSDT | +0.0100% | 8h | 0.2452 | +0.001% | $101.5M | $355.7M | 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 | 0.2452 | −0.016% | $70.6M | $99.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2453 | +0.025% | $31.8M | $105.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.057% | $96.6M | $57.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2451 | −0.057% | $52.8M | $50.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | 0.000% | $30.2M | $18.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2452 | −0.016% | $65.7M | $42.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2452 | −0.016% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2453 | +0.009% | $101K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2460 | +0.322% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2457 | +0.184% | $66K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2464 | +0.474% | $298K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | +0.147% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2452 | −0.032% | $96K | $624K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | +0.025% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | +0.024% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2453 | +0.023% | $9K | $756K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.012% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | +0.009% | $1.3M | $5.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.016% | $47.9M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2453 | +0.009% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2452 | −0.011% | $559K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0131% | 1h | 0.2456 | +0.151% | $4K | $74K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0199% | 1h | 0.2454 | +0.053% | $476K | $350K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2451 | −0.057% | $4.4M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0286% | 1h | 0.2452 | −0.006% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERP | +0.0288% | 1h | 0.2445 | −0.301% | $840 | $168K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0565% / S −0.0313% | 1h | 0.2452 | −0.002% | $122K | — | 100x | as long as short |
Pacifica ADA
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Binance ADAUSDT
Bybit ADAUSDT
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
Phoenix ADA
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]