Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.024%
Price spread now: dYdX against Paradex−0.045%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.045% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2459 | 0.0104 | pay 0.0104% / 8h | 7h 58m | $21K | $250 | 20x |
| Short | dYdX ADA-USD | 0.2458 | 0 | get 0.0000% / 1h | 58m 50s | $202K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21.79
- Price spread: −0.045% → 0.000%
- −$4.48
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$40.27
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; dYdX: live order book, 40 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 dYdX live order book, 40 min ago | 122.10 bp | 127.1 bp −$127 | 168.8 bp −$1,688 | 217.1 bp −$21.7K | 648.8 bp −$324.4K |
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-USDshort | 0.0000% | 1h | 0.2458 | −0.045% | $202K | $2K | 10x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2452 | −0.259% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.494% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2460 | +0.038% | $2.4M | $995K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2452 | −0.279% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2457 | −0.057% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2458 | −0.035% | $157K | $181K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2459 | +0.006% | $104.0M | $407.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2458 | −0.035% | $73.3M | $127.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2458 | −0.035% | $32.8M | $119.4M | 50x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2455 | −0.157% | $100.4M | $61.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2459 | +0.006% | $53.5M | $66.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | −0.165% | $29.7M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2459 | +0.006% | $66.8M | $54.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2458 | −0.035% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2454 | −0.194% | $142K | $486K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | −0.191% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | −0.252% | $66K | $288K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2456 | −0.120% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2452 | −0.279% | $76K | $896K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2452 | −0.259% | $116K | $1.4M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.240% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2456 | −0.112% | $8K | $754K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.259% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2452 | −0.259% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2453 | −0.238% | $47.5M | $7.6M | 50x | as long as short |
| Paradex ADA-USD-PERPlong | +0.0104% | 8h | 0.2459 | long leg | $21K | $250 | 20x | |
| Extended ADA-USD | +0.0104% | 1h | 0.2455 | −0.140% | $505K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0105% | 8h | 0.2452 | −0.279% | $233K | $7.7M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0152% | 1h | 0.2453 | −0.238% | $367K | $8.5M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0199% | 1h | 0.2452 | −0.259% | $6.3M | $14.1M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2454 | −0.198% | $4.5M | $5.9M | 75x | as long as short |
| Phoenix ADA | +0.0228% | 1h | 0.2457 | −0.067% | $3K | $111K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0272% | 1h | 0.2452 | −0.276% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0369% / S −0.0295% | 1h | 0.2452 | −0.292% | $87K | — | 100x | as long as short |
| Hyperliquid ADA | +0.0488% | 1h | 0.2461 | +0.079% | $43.5M | $18.3M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0566% | 1h | 0.2454 | −0.189% | $637K | $739K | 50x | as long as short |
Paradex ADA-USD-PERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Aster ADAUSDT
Pacifica ADA
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
Extended ADA-USD
Kalshi KXADAPERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
Phoenix ADA
GMX ADA/USD [WBTC.b-USDC]
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL