Funding you earn now, next payment 06:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.058%
Price spread now: HTX against Reya−0.031%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 −$5 a day on $10k at the current rate, and HTX is 0.031% 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 | 0.2470 | 0.0276 | pay 0.0035% / 1h | 53m 02s | $1K | — | 15x |
| Short | HTX ADA-USDT | 0.2469 | 0.0100 | get 0.0100% / 8h | 2h 53m | $1.3M | $6.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$37.02
- Price spread: −0.031% → 0.000%
- −$3.06
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$58.07
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; HTX: live order book, 1 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 HTX live order book, 1 min ago | 2.15 bp | 10.6 bp −$11 | 22.7 bp −$227 | 50.1 bp −$5,010 | 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 | 0.2466 | −0.139% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2467 | −0.101% | $140K | $7.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2468 | −0.046% | $84K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0019% | 1h | 0.2470 | +0.014% | $6.3M | $13.3M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2471 | +0.052% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.061% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2471 | +0.077% | $2.4M | $986K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2472 | +0.081% | $44.0M | $16.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2469 | −0.012% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2468 | −0.074% | $158K | $170K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2470 | +0.020% | $104.0M | $393.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2469 | −0.020% | $73.4M | $117.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2470 | +0.020% | $33.0M | $112.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2468 | −0.061% | $99.9M | $62.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2470 | +0.020% | $59.2M | $62.6M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2470 | +0.004% | $29.6M | $15.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2470 | +0.020% | $67.1M | $51.7M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2469 | −0.020% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2470 | +0.023% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2469 | −0.035% | $66K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2471 | +0.071% | $289K | $4.0M | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2469 | −0.004% | $94K | $635K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2469 | −0.020% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2469 | −0.016% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2470 | +0.021% | $8K | $748K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2469 | −0.016% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDTshort | +0.0100% | 8h | 0.2469 | −0.031% | $1.3M | $6.7M | 75x | |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2469 | −0.020% | $48.1M | $7.0M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2468 | −0.076% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2469 | −0.027% | $534K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2469 | −0.020% | $409K | $8.3M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0110% | 1h | 0.2471 | +0.052% | $123K | $456K | 15x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2469 | −0.020% | $4.5M | $5.8M | 75x | as long as short |
| ApeX Omni ADAUSDT | +0.0245% | 1h | 0.2470 | +0.020% | $228K | $758K | 50x | as long as short |
| Reya ADARUSDPERPlong | +0.0276% | 1h | 0.2470 | long leg | $1K | — | 15x | |
| Deribit ADA_USDC-PERPETUAL | +0.0398% | 1h | 0.2471 | +0.048% | $607K | $534K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0624% / S −0.0585% | 1h | 0.2468 | −0.054% | $140K | — | 100x | as long as short |
HTX ADA-USDT
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid 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
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
Backpack ADA_USDC_PERP
BloFin ADA-USDT
ApeX Omni ADAUSDT
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]