ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.046%

Price spread now: GMX against Pacifica−0.298%7-day average +0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.145%+$14 on $10k

Price spread, last 3 days (all we have)+0.456%+$46 · spread now −0.298%, 7d avg +0.005%

Together, before fees+0.601%+ Points / potential airdropPacifica: Active · farm board+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.303% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.298% now, against its 7-day average of +0.005%). If the spread goes back, that is −$30 on $10k: about 3.5 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ADA	0.2450	0.0100	pay 0.0013% / 1h	43m 34s	$157K	$145K	10x
Short	GMX ADA/USD [WBTC.b-USDC]	0.2442	L +0.0622% / S −0.0393%	get 0.0049% / 1h	43m 34s	$141K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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 PacificabpFee GMXbpOrdersPrice spread, now −0.298%Rate

Funding earned: $61.49
Price spread: −0.298% → +0.005%: −$30.33
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $11.16
Costs to cover: 0.200%
Break-even: 5.7 days

Slippage unknown: Pacifica: live order book, 29 min ago; GMX: no order-book sample. 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 Pacifica live order book, 29 min ago	2.25 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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-USD	0.0000%	1h	0.2448	−0.084%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2447	−0.109%	$194K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2444	−0.249%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.871%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2443	−0.272%	$407K	$7.2M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0048%	1h	0.2443	−0.273%	$6.1M	$11.7M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2450	+0.030%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0098%	1h	0.2445	−0.186%	$4K	$84K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2451	+0.038%	$42.6M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2449	−0.032%	$1.2M	$939K	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ADAlong	+0.0100%	1h	0.2450	long leg	$157K	$145K	10x
Binance ADAUSDT	+0.0100%	8h	0.2452	+0.096%	$101.4M	$364.3M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2450	+0.014%	$71.5M	$103.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2452	+0.096%	$32.3M	$106.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2448	−0.068%	$97.7M	$58.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2449	−0.027%	$52.5M	$50.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2449	−0.047%	$30.0M	$17.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2450	+0.014%	$65.9M	$43.8M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2449	−0.027%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2443	−0.260%	$107K	$413K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2442	−0.308%	$4.2M	$944K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2446	−0.162%	$65K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2447	−0.109%	$295K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2446	−0.149%	$55K	$583K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2445	−0.211%	$93K	$644K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2443	−0.272%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2443	−0.257%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2449	−0.027%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2443	−0.268%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2446	−0.132%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2442	−0.313%	$47.7M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2450	+0.001%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2449	−0.007%	$550K	$1.8M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2449	−0.027%	$4.4M	$5.5M	75x	as long as short
Reya ADARUSDPERP	+0.0283%	1h	0.2443	−0.270%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0323%	1h	0.2444	−0.235%	$493K	$431K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]short	L +0.0622% / S −0.0393%	1h	0.2442	−0.298%	$141K	—	100x