ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h −0.065%

Price spread now: Injective against Reya+1.102%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

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 · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 1.102% dearer against Reya than usual: you sell high and buy low (spread +1.102% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ADARUSDPERP	0.2444	0.0283	pay 0.0035% / 1h	4m 51s	$1K	—	15x
Short	Injective ADA/USDC PERP	0.2471	0.0254	get 0.0032% / 1h	4m 51s	$849	$202K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee InjectivebpOrdersPrice spread, now +1.102%Rate

Funding earned: −$6.14
Price spread: +1.102% → 0.000%: $110.21
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $98.04
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Reya and Injective: 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	0.2443	−0.059%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2445	+0.038%	$213K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2445	+0.021%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2442	−0.084%	$404K	$7.3M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2448	+0.169%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2448	+0.163%	$42.4M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2448	+0.153%	$1.2M	$932K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2443	−0.035%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2450	+0.243%	$101.3M	$366.2M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2449	+0.202%	$71.3M	$104.0M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2451	+0.284%	$32.4M	$107.5M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2449	+0.202%	$97.8M	$60.5M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2448	+0.161%	$52.4M	$51.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2449	+0.202%	$30.0M	$18.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2449	+0.202%	$65.8M	$43.9M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2449	+0.202%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2447	+0.124%	$108K	$419K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2441	−0.118%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2445	+0.045%	$65K	$281K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2444	−0.002%	$290K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2444	−0.003%	$55K	$582K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2444	−0.011%	$94K	$641K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2444	−0.003%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2446	+0.065%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2444	−0.001%	$9K	$767K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2446	+0.079%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2447	+0.106%	$1.3M	$5.4M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2445	+0.038%	$47.8M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2444	−0.013%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2449	+0.203%	$551K	$1.8M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0114%	1h	0.2446	+0.088%	$6.1M	$11.7M	50x	as long as short
Phoenix ADA	+0.0130%	1h	0.2446	+0.067%	$4K	$78K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2445	+0.038%	$4.3M	$5.5M	75x	as long as short
Injective ADA/USDC PERPshort	+0.0254%	1h	0.2471	+1.102%	$849	$202K	12x
Reya ADARUSDPERPlong	+0.0283%	1h	0.2444	long leg	$1K	—	15x
Deribit ADA_USDC-PERPETUAL	+0.0323%	1h	0.2447	+0.100%	$491K	$430K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0564% / S −0.0313%	1h	0.2444	+0.017%	$121K	—	100x	as long as short