Funding you earn now, next payment 06:00 UTC−0.0175%/8h= −19.2% APRnext payment −$0.22 per $10,000 · paid last 24h −0.058%
Price spread now: ApeX Omni against Reya−0.083%63s7-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
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.083% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2441 | 0.0275 | pay 0.0034% / 1h | 16m 21s | $1K | — | 15x |
| Short | ApeX Omni ADAUSDT | 0.2439 | 0.0100 | get 0.0013% / 1h | 16m 21s | $84K | $887K | 50x |
Reya ADARUSDPERP
ApeX Omni ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Reya. 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
- −$36.84
- Price spread: −0.083% → 0.000%
- −$8.29
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$61.13
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: 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 Reya no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 32 min ago | 4.04 bp | 12.8 bp −$13 | 44.4 bp −$444 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2439 | −0.083% | $190K | $7.5M | 3.2x | as long as short |
| dYdX ADA-USD | +0.0002% | 1h | 0.2441 | −0.021% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2439 | −0.066% | $83K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2441 | −0.012% | $6.3M | $13.7M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2441 | +0.015% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.228% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2443 | +0.077% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2442 | +0.032% | $42.1M | $17.5M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2440 | −0.025% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2441 | −0.010% | $156K | $176K | 10x | as long as short |
Kalshi KXADAPERP
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2441 | −0.001% | $102.7M | $407.9M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2441 | −0.001% | $71.7M | $123.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2442 | +0.040% | $32.4M | $117.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2440 | −0.042% | $99.0M | $64.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2441 | −0.001% | $52.5M | $65.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2440 | −0.038% | $29.3M | $15.7M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2441 | −0.001% | $66.3M | $53.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2440 | −0.042% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2439 | −0.071% | $126K | $476K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2427 | −0.571% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2430 | −0.437% | $65K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2438 | −0.124% | $286K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDTshort | +0.0100% | 1h | 0.2439 | −0.083% | $84K | $887K | 50x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2440 | −0.050% | $118K | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2441 | −0.001% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2441 | +0.010% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2441 | −0.003% | $8K | $763K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2441 | +0.003% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2441 | +0.013% | $1.3M | $6.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2441 | −0.001% | $47.4M | $7.4M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2441 | +0.014% | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2441 | −0.007% | $521K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2440 | −0.042% | $379K | $8.5M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2442 | +0.040% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERPlong | +0.0275% | 1h | 0.2441 | long leg | $1K | — | 15x | |
| Deribit ADA_USDC-PERPETUAL | +0.0611% | 1h | 0.2442 | +0.056% | $608K | $597K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0630% / S −0.0714% | 1h | 0.2440 | −0.051% | $161K | — | 100x | as long as short |
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
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
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]