ADA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexADAUSDT	0.2457	+0.0096	pay 0.0012% / 1h	1m 10s	$104K	$200K	50x	Long Popdex
SHORT	PhoenixADA	0.2460	−0.0128	pay 0.0016% / 1h	1m 10s	$3K	$122K	10x	Short Phoenix

Price gap+0.102%

Funding gap−0.0224% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 11 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$49−0.0224% /8h now · paid −0.490% over the last 7D

Price+$3spread +0.102% now, avg +0.070% → +0.032% if it goes back

Costs−$450.446% of $10k · taker + slippage, in and out

Result−$90−0.90%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / ExitPopdex: thin, under $1M open interest · Phoenix: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.102%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ADA on 37 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Large against open interest10.5 / 13.1 bp
$10k is over 10% of Phoenix’s open interest.
Note: Margin at max leverage$200 + $1,000
Popdex 50x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$6.73Long Popdex: 24 payments, −$2.88; short Phoenix: 24 payments, −$3.85.
OK: Entry gap works for you+0.102% vs +0.070%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$3K vs $104K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPopdex No · Phoenix No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0256%/8h × 21 periods−$53.82

Price spread+0.102% → +0.070% (7d avg)+$3.21

Slippage, 4 orderslive order books−$31.19

Fee Popdex bp × 2 orders−$6.40

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k−$95.20

Costs to cover0.446%Break-evennever at this rate

Slippage: Popdex: live order book, 31 min ago; Phoenix: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex2.4210.5 bp−$1052.1 bp−$521doesn’t fitdoesn’t fit

SELL · SHORTPhoenix0.8113.1 bp−$1344.8 bp−$448doesn’t fitdoesn’t fit

Closing costs about the same again.

ADA news

posts that mention ADA, from every exchangeSearch all news →

09-30 01:05	Reya	Listing	ADARUSDPERP no longer reported ($ADA) seen by our collector
09-17 09:00	SoDEX	Listing	Announcement on the Delisting of ADA Spot Trading Pairs & Suspension of Withdrawals Dear SoDEX Users, To optimize our trading options and ensure a robust trading environment, SoDEX will delist ADA spot trading pairs and subsequently close ADA withdrawal services. The detailed schedule is as follows: 1. Delisting of ADA Spot Trading • Trading: SoDEX will suspend trading and delist all ADA spot trading pairs at 08:00 (UTC) on October 12, 2026 (16:00 UTC+8). All open spot orders will be automatically canceled upon delisting. • Deposits: Deposit services for ADA tokens will be suspended at 08:00 (UTC) on October 12, 2026 (16:00 UTC+8). Please note: ADA tokens deposited after this time will not be credited to your account. 2. Suspension of ADA Withdrawals • Withdrawals: SoDEX will officially close withdrawal services for ADA tokens at 08:00 (UTC) on November 12, 2026 (16:00 UTC+8). • ⚠️ Important Notice: Please ensure you withdraw your ADA tokens to an external wallet or another platform prior to the withdrawal closure deadline. Once withdrawals are disabled, you will no longer be able to retrieve or transfer your ADA assets. Thank you for your continued support and understanding! SoDEX Team 2026-09-17 @sodex_official on X ↗

ADA