Funding you earn now, next payment 06:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.21 per $10,000 · paid last 24h −0.058%
Price spread now: Extended against Reya−0.069%48s7-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 airdropReya: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Extended is 0.069% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | 0.2420 | 0.0276 | pay 0.0034% / 1h | 23m 37s | $1K | — | 15x |
| Short | Extended ADA-USD | 0.2418 | 0.0104 | get 0.0013% / 1h | 23m 37s | $519K | $1.8M | 50x |
Reya ADARUSDPERP
Extended ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$36.04
- Price spread: −0.069% → 0.000%
- −$6.94
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$53.98
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 2.07 bp | 4.6 bp −$5 | 7.5 bp −$75 | 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 | 0.2417 | −0.125% | $193K | $7.4M | 3.2x | as long as short |
| dYdX ADA-USD | +0.0002% | 1h | 0.2420 | −0.010% | $199K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2419 | −0.028% | $83K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2422 | +0.092% | $6.2M | $13.7M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2421 | +0.024% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +2.107% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2422 | +0.086% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2422 | +0.061% | $41.6M | $17.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2420 | +0.013% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2420 | +0.017% | $155K | $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 | 0.2422 | +0.066% | $101.8M | $406.9M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2419 | −0.042% | $70.9M | $122.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2420 | −0.001% | $32.1M | $115.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2419 | −0.042% | $98.4M | $64.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2420 | −0.001% | $52.4M | $64.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2421 | +0.053% | $29.1M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2419 | −0.042% | $65.7M | $53.0M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2420 | −0.001% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2422 | +0.099% | $125K | $478K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2414 | −0.244% | $4.1M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2410 | −0.399% | $64K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2424 | +0.181% | $284K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2408 | −0.496% | $84K | $882K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2419 | −0.058% | $115K | $914K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2421 | +0.041% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2422 | +0.075% | $39K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2422 | +0.080% | $8K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2423 | +0.123% | $333 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2418 | −0.080% | $1.3M | $6.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2421 | +0.041% | $47.1M | $7.3M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2421 | +0.047% | $20K | $250 | 20x | as long as short |
| Extended ADA-USDshort | +0.0104% | 1h | 0.2418 | −0.069% | $519K | $1.8M | 50x | |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2421 | +0.041% | $378K | $8.4M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2417 | −0.125% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERPlong | +0.0276% | 1h | 0.2420 | long leg | $1K | — | 15x | |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0628% / S −0.0701% | 1h | 0.2419 | −0.039% | $157K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0700% | 1h | 0.2423 | +0.123% | $603K | $597K | 50x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
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
Paradex ADA-USD-PERP
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL