Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Kraken Futures against Pacifica+0.075%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.075%, 7d avg +0.003%
=Together, before fees+0.076%+ Points / potential airdropPacifica: Active · farm board+$8 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: Kraken Futures is 0.072% dearer against Pacifica than usual: you sell high and buy low, +$7 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 | 0.2472 | 0.0100 | pay 0.0013% / 1h | 3m 07s | $161K | $160K | 10x |
| Short | Kraken Futures PF_ADAUSD | 0.2474 | 0.0091 | get 0.0011% / 1h | 3m 07s | $6.3M | $12.5M | 50x |
Pacifica ADA
Kraken Futures PF_ADAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$1.79
- Price spread: +0.075% → +0.003%
- $7.19
- Slippage, 4 orders
- −$22.14
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$34.74
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 55 min ago; Kraken Futures: live order book, 1 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, 55 min ago | 2.44 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 0.20 bp | 11.2 bp −$11 | 16.5 bp −$165 | 47.2 bp −$4,721 | 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 | 0.2469 | −0.094% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2471 | −0.030% | $167K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2473 | +0.065% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.030% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2473 | +0.051% | $419K | $7.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0091% | 1h | 0.2474 | +0.075% | $6.3M | $12.5M | 50x | |
| Lighter ADA | +0.0096% | 1h | 0.2476 | +0.161% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2474 | +0.111% | $1.2M | $989K | 75x | as long as short |
| Pacifica ADAlong | +0.0100% | 1h | 0.2472 | long leg | $161K | $160K | 10x | |
| Binance ADAUSDT | +0.0100% | 8h | 0.2475 | +0.123% | $104.8M | $370.4M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2473 | +0.051% | $72.2M | $108.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2475 | +0.132% | $33.1M | $105.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2473 | +0.051% | $98.9M | $59.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2474 | +0.092% | $61.7M | $61.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2474 | +0.100% | $29.9M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2474 | +0.092% | $66.6M | $49.2M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2473 | +0.051% | — | $20.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2475 | +0.124% | $131K | $445K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2465 | −0.270% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2465 | −0.253% | $65K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2468 | −0.151% | $298K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2465 | −0.272% | $227K | $748K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2475 | +0.128% | $95K | $690K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2473 | +0.051% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2475 | +0.129% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2471 | −0.032% | $9K | $729K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2475 | +0.112% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2475 | +0.126% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2474 | +0.092% | $48.3M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2474 | +0.084% | $536K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2473 | +0.052% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2472 | +0.003% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2474 | +0.092% | $4.6M | $5.8M | 75x | as long as short |
| Hyperliquid ADA | +0.0238% | 1h | 0.2477 | +0.193% | $43.7M | $15.2M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2475 | +0.133% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0595% / S −0.0547% | 1h | 0.2473 | +0.052% | $133K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0680% | 1h | 0.2475 | +0.148% | $600K | $488K | 50x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
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
Hyperliquid ADA
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL