Funding you earn now, next payment 01:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.013%
Price spread now: GMX against Reya+0.012%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2479 | 0.0282 | pay 0.0035% / 1h | 11m 38s | $1K | — | 15x |
| Short | GMX ADA/USD [WBTC.b-USDC] | 0.2479 | L +0.0629% / S −0.0393% | get 0.0049% / 1h | 11m 38s | $143K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $23.25
- Price spread: +0.012% → 0.000%
- $1.22
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $6.47
- Costs to cover
- 0.180%
- Break-even
- 5.1 days
Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Reya and GMX: 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 | 0.2478 | −0.029% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2479 | −0.001% | $203K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2479 | +0.011% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.324% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2478 | −0.041% | $426K | $7.4M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2479 | +0.015% | $6.3M | $11.8M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2475 | −0.179% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2481 | +0.080% | $1.2M | $956K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2479 | +0.007% | $159K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2479 | −0.005% | $103.4M | $367.7M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2478 | −0.041% | $72.7M | $105.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2479 | −0.001% | $32.8M | $107.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2477 | −0.082% | $99.0M | $59.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2478 | −0.041% | $54.3M | $52.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2479 | −0.005% | $30.4M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2478 | −0.041% | $66.9M | $44.8M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2478 | −0.041% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2480 | +0.023% | $138K | $416K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2474 | −0.198% | $4.3M | $968K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2480 | +0.059% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2483 | +0.159% | $294K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2485 | +0.241% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2482 | +0.120% | $95K | $649K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2480 | +0.039% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2480 | +0.050% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2481 | +0.078% | $9K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2480 | +0.043% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2479 | +0.005% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2480 | +0.039% | $48.4M | $5.7M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2477 | −0.074% | $542K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2481 | +0.077% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0192% | 1h | 0.2480 | +0.047% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2485 | +0.241% | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADA | +0.0242% | 1h | 0.2482 | +0.104% | $43.3M | $14.3M | 10x | as long as short |
| Reya ADARUSDPERPlong | +0.0282% | 1h | 0.2479 | long leg | $1K | — | 15x | |
| GMX ADA/USD [WBTC.b-USDC]short | L +0.0629% / S −0.0393% | 1h | 0.2479 | +0.012% | $143K | — | 100x | |
| Deribit ADA_USDC-PERPETUAL | +0.1888% | 1h | 0.2484 | +0.201% | $504K | $445K | 50x | as long as short |
GMX ADA/USD [WBTC.b-USDC]
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
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
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
BloFin ADA-USDT
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL