Funding you earn now, next payment 08:00 UTC+0.0421%/8h= +46.1% APRpaid last 24h +0.096%
Price spread now: Deribit against Paradex+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Deribit is 0.050% dearer against Paradex than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2453 | 0.0104 | pay 0.0104% / 8h | 1m 30s | $21K | $250 | 20x |
| Short | Deribit ADA_USDC-PERPETUAL | 0.2455 | 0.0525 | get 0.0066% / 1h | 1m 30s | $626K | $675K | 50x |
Paradex ADA-USD-PERP
Deribit ADA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Paradex. 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
- $88.46
- Price spread: +0.050% → 0.000%
- $4.95
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $82.41
- Costs to cover
- 0.110%
- Break-even
- 0.5 days
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 37 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 37 min ago | 3.07 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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 | 0.2452 | −0.044% | $202K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2456 | +0.084% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.714% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2456 | +0.086% | $2.4M | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | −0.020% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2455 | +0.054% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2454 | +0.021% | $157K | $181K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2457 | +0.134% | $103.9M | $407.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2456 | +0.102% | $73.2M | $127.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2457 | +0.143% | $32.7M | $119.3M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2453 | −0.020% | $100.3M | $65.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2457 | +0.143% | $54.3M | $66.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | +0.074% | $29.7M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2457 | +0.143% | $66.7M | $54.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2454 | +0.021% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2454 | +0.021% | $142K | $486K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.013% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | −0.034% | $66K | $288K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2452 | −0.078% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2452 | −0.061% | $76K | $896K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2456 | +0.102% | $117K | $1.4M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.032% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2452 | −0.058% | $8K | $755K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2454 | +0.001% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.049% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2453 | −0.020% | $47.5M | $7.6M | 50x | as long as short |
| Paradex ADA-USD-PERPlong | +0.0104% | 8h | 0.2453 | long leg | $21K | $250 | 20x | |
| Extended ADA-USD | +0.0104% | 1h | 0.2452 | −0.044% | $505K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0106% | 8h | 0.2455 | +0.062% | $235K | $7.7M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2454 | +0.021% | $369K | $8.4M | 50x | as long as short |
| Hyperliquid ADA | +0.0181% | 1h | 0.2459 | +0.213% | $43.5M | $18.3M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2457 | +0.143% | $4.5M | $5.9M | 75x | as long as short |
| Phoenix ADA | +0.0228% | 1h | 0.2457 | +0.131% | $3K | $112K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0272% | 1h | 0.2456 | +0.106% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0279% | 1h | 0.2453 | −0.003% | $6.3M | $14.1M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2452 | −0.055% | $87K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUALshort | +0.0525% | 1h | 0.2455 | +0.050% | $626K | $675K | 50x |
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
Extended ADA-USD
Kalshi KXADAPERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
BloFin ADA-USDT
Phoenix ADA
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]