Funding you earn now, next payment 22:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.064%
Price spread now: Gate against Reya−0.032%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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.032% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2440 | 0.0287 | pay 0.0036% / 1h | 39m 15s | $1K | — | 15x |
| Short | Gate ADA_USDT | 0.2439 | 0.0096 | get 0.0096% / 8h | 2h 39m | $96.6M | $57.3M | 75x |
Reya ADARUSDPERP
Gate ADA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$40.06
- Price spread: −0.032% → 0.000%
- −$3.24
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.3
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Gate: 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 Gate live order book, 5 min ago | 2.05 bp | 13.2 bp −$13 | 16.5 bp −$165 | 80.6 bp −$8,057 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2444 | +0.164% | $201K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2439 | −0.032% | $152K | $5.9M | 3.2x | as long as short |
| Deribit ADA_USDC-PERPETUAL | 0.0000% | 1h | 0.2441 | +0.037% | $474K | $354K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2440 | −0.002% | $87K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2434 | −0.237% | $405K | $7.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2440 | 0.000% | $2.4M | $1.3M | 10x | as long as short |
| Gate ADA_USDTshort | +0.0096% | 8h | 0.2439 | −0.032% | $96.6M | $57.3M | 75x | |
| Hyperliquid ADA | +0.0100% | 1h | 0.2440 | +0.013% | $42.3M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2440 | +0.018% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2443 | +0.149% | $156K | $147K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Deribit ADA_USDC-PERPETUAL
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
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 | 0.2439 | −0.032% | $100.4M | $355.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2439 | −0.032% | $70.2M | $99.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2440 | +0.009% | $32.0M | $104.1M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2440 | +0.009% | $52.6M | $56.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2440 | −0.004% | $30.4M | $18.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2440 | +0.009% | $65.3M | $42.7M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2440 | +0.009% | — | $20.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2448 | +0.324% | $101K | $412K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2448 | +0.316% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2449 | +0.361% | $65K | $278K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2448 | +0.334% | $286K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2448 | +0.336% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2440 | −0.004% | $96K | $667K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2440 | +0.009% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2441 | +0.038% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2441 | +0.049% | $9K | $757K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2438 | −0.090% | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2440 | +0.001% | $1.3M | $4.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2439 | −0.032% | $47.6M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2442 | +0.095% | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2440 | −0.003% | $554K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2447 | +0.291% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2438 | −0.073% | $4.3M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERPlong | +0.0287% | 1h | 0.2440 | long leg | $1K | — | 15x | |
| Kraken Futures PF_ADAUSD | +0.0339% | 1h | 0.2438 | −0.080% | $6.1M | $11.5M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0520% / S −0.0277% | 1h | 0.2440 | +0.004% | $112K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2457 | +0.705% | $844 | $95K | 12x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Extended ADA-USD
Phoenix ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERP