Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Paradex−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2452 | 0.0105 | pay 0.0105% / 8h | 6h 31m | $21K | $250 | 20x |
| Short | Variational Omni ADA | 0.2452 | 0.0100 | get 0.0100% / 8h | 6h 31m | $4.2M | $991K | — |
Paradex ADA-USD-PERP
Variational Omni ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$1.09
- Price spread: −0.001% → 0.000%
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.21
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago | 8.14 bp | doesn't fit | 8.1 bp −$81 | 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 36 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 | 0.2453 | +0.019% | $202K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2450 | −0.073% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.769% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2451 | −0.047% | $399K | $7.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0097% | 8h | 0.2449 | −0.128% | $97.6M | $59.7M | 75x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2451 | −0.039% | $42.7M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2451 | −0.041% | $1.2M | $969K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2453 | +0.031% | $159K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2451 | −0.028% | $102.4M | $374.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2451 | −0.047% | $72.0M | $108.9M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Gate ADA_USDT
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2452 | −0.006% | $32.5M | $107.7M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2449 | −0.128% | $49.3M | $51.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | −0.027% | $29.9M | $17.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2450 | −0.088% | $65.5M | $46.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2450 | −0.088% | — | $20.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2451 | −0.055% | $125K | $421K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2452 | −0.001% | $4.2M | $991K | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | +0.050% | $65K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2451 | −0.057% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2454 | +0.075% | $56K | $589K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2452 | +0.010% | $92K | $665K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2451 | −0.047% | $6K | $27K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2452 | −0.017% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.114% | $9K | $770K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2450 | −0.067% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2451 | −0.043% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2450 | −0.088% | $47.7M | $6.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2450 | −0.093% | $532K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPlong | +0.0105% | 8h | 0.2452 | long leg | $21K | $250 | 20x | |
| Kalshi KXADAPERP | +0.0113% | 8h | 0.2452 | −0.006% | $148K | $6.3M | 3.2x | as long as short |
| Lighter ADA | +0.0160% | 1h | 0.2452 | −0.006% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2457 | +0.206% | $4K | $87K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0281% | 1h | 0.2452 | −0.025% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0355% | 1h | 0.2449 | −0.111% | $6.2M | $12.1M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0415% / S −0.0202% | 1h | 0.2451 | −0.055% | $95K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.3913% | 1h | 0.2460 | +0.341% | $503K | $471K | 50x | as long as short |
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
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
Kalshi KXADAPERP
Lighter ADA
Phoenix ADA
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL