Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.007%
Price spread now: edgeX against Phoenix−0.003%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ADA | 0.2450 | 0.0098 | pay 0.0012% / 1h | 41m 13s | $4K | $84K | 10x |
| Short | edgeX ADAUSDC | 0.2450 | 0.0100 | get 0.0050% / 4h | 3h 41m | $65K | $281K | 20x |
Phoenix ADA
edgeX ADAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phoenix. 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
- $0.45
- Price spread: −0.003% → 0.000%
- −$0.33
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$15.88
- Costs to cover
- 0.160%
- Break-even
- 255.7 days
Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 32 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 32 min ago | 6.14 bp | 10.8 bp −$11 | 29.9 bp −$299 | doesn't fit | doesn't fit |
Phoenix: 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 | 0.2449 | −0.032% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2451 | +0.033% | $195K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2448 | −0.081% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.849% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2447 | −0.131% | $412K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0048% | 1h | 0.2449 | −0.060% | $6.2M | $11.7M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2450 | −0.016% | $2.4M | $1.1M | 10x | as long as short |
| Phoenix ADAlong | +0.0098% | 1h | 0.2450 | long leg | $4K | $84K | 10x | |
| Hyperliquid ADA | +0.0100% | 1h | 0.2452 | +0.073% | $42.6M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2450 | +0.006% | $1.2M | $944K | 75x | as long as short |
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
Hyperliquid ADA
Aster ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ADA | +0.0100% | 1h | 0.2450 | +0.012% | $157K | $145K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2449 | −0.062% | $101.3M | $364.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2448 | −0.090% | $71.6M | $103.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2448 | −0.090% | $32.3M | $106.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | −0.090% | $97.7M | $58.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2447 | −0.131% | $52.6M | $51.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2449 | −0.069% | $30.0M | $17.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2448 | −0.090% | $65.8M | $43.8M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2449 | −0.049% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2455 | +0.175% | $108K | $412K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2451 | +0.038% | $4.2M | $944K | — | as long as short |
| edgeX ADAUSDCshort | +0.0100% | 4h | 0.2450 | −0.003% | $65K | $281K | 20x | |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2451 | +0.034% | $296K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2446 | −0.171% | $55K | $583K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2449 | −0.041% | $93K | $644K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2448 | −0.090% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2449 | −0.067% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | +0.155% | $9K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2449 | −0.065% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2449 | −0.062% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2448 | −0.090% | $47.8M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2450 | −0.020% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | −0.090% | $552K | $1.8M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0118% | 1h | 0.2449 | −0.041% | $494K | $430K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2452 | +0.073% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2450 | −0.007% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0623% / S −0.0393% | 1h | 0.2448 | −0.104% | $141K | — | 100x | as long as short |
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
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
Paradex ADA-USD-PERP
Extended ADA-USD
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]