Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Hyperliquid against Pacifica−0.058%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.058%, 7d avg −0.003%
=Together, before fees−0.125%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board−$12 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: Hyperliquid is 0.055% cheaper against Pacifica than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ADA | 0.2461 | 0.0100 | pay 0.0013% / 1h | 58m 22s | $160K | $161K | 10x |
| Short | Hyperliquid ADA | 0.2459 | 0.0100 | get 0.0013% / 1h | 58m 22s | $42.7M | $14.9M | 10x |
Pacifica ADA
Hyperliquid ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0
- Price spread: −0.058% → −0.003%
- −$5.5
- Slippage, 4 orders
- −$14.47
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$36.98
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 64 min ago; Hyperliquid: live order book, 5 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, 64 min ago | 3.66 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.81 bp | 7.0 bp −$7 | 9.7 bp −$97 | doesn't fit | doesn't fit |
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 | 0.2459 | −0.084% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2457 | −0.147% | $140K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2454 | −0.289% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.422% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2457 | −0.147% | $409K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2459 | −0.084% | $6.3M | $12.8M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2462 | +0.056% | $2.4M | $1.1M | 10x | as long as short |
| Hyperliquid ADAshort | +0.0100% | 1h | 0.2459 | −0.058% | $42.7M | $14.9M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2458 | −0.094% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADAlong | +0.0100% | 1h | 0.2461 | long leg | $160K | $161K | 10x |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Aster ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2458 | −0.102% | $103.9M | $373.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2457 | −0.147% | $71.7M | $111.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2457 | −0.147% | $32.7M | $106.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | −0.106% | $98.6M | $58.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2456 | −0.188% | $61.3M | $59.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2457 | −0.131% | $29.7M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2457 | −0.147% | $66.0M | $50.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2454 | −0.269% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2459 | −0.086% | $126K | $448K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | −0.269% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2455 | −0.224% | $65K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2456 | −0.193% | $293K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | −0.188% | $226K | $739K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2457 | −0.135% | $91K | $683K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2457 | −0.147% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2458 | −0.100% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2458 | −0.106% | $8K | $743K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2457 | −0.131% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2457 | −0.160% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2459 | −0.066% | $47.9M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2458 | −0.089% | $531K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2460 | −0.027% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2456 | −0.188% | $4K | $89K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2455 | −0.228% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2456 | −0.186% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0547% / S −0.0339% | 1h | 0.2454 | −0.264% | $121K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0646% | 1h | 0.2459 | −0.070% | $587K | $485K | 50x | as long as short |
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
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL