Settings8H · net · $10k
Funding arb · Price arb /

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.060%
Price spread now: Pacifica against Reya+0.007%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Pacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya ADARUSDPERP0.24490.0284pay 0.0035% / 1h30m 49s$1K15x
ShortPacifica ADA0.24490.0100get 0.0013% / 1h30m 49s$157K$145K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
−$38.62
Price spread: +0.007% → 0.000%
$0.68
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$51.93
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Pacifica live order book, 47 min ago2.03 bp6.1 bp −$6doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2444−0.191%$201K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2450+0.036%$175K$6.1M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2450+0.020%$84K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2450+0.036%$404K$7.3M50xas long as short
Lighter ADA+0.0096%1h0.2445−0.148%$2.4M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2445−0.148%$42.3M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2447−0.074%$1.2M$927K75xas long as short
Pacifica ADAshort+0.0100%1h0.2449+0.007%$157K$145K10x
Binance ADAUSDT+0.0100%8h0.2444−0.221%$101.6M$362.7M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2446−0.127%$71.0M$102.9M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2444−0.209%$32.3M$106.6M50xas long as short
Gate ADA_USDT+0.0100%8h0.2446−0.127%$97.2M$59.6M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2447−0.086%$52.9M$50.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2449−0.017%$30.1M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2444−0.209%$65.6M$43.3M75xas long as short
BingX ADA-USDC+0.0100%8h0.2446−0.127%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2450+0.016%$110K$415K15xas long as short
Variational Omni ADA+0.0100%8h0.2449+0.004%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2453+0.152%$65K$282K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2454+0.197%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2454+0.200%$56K$582K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2449+0.004%$90K$631K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2450+0.036%$6K$36K20xas long as short
Derive ADA-PERP+0.0100%1h0.2450+0.025%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2450+0.035%$9K$763K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2450+0.016%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2449+0.003%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2449−0.005%$47.8M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2449+0.012%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2447−0.083%$554K$1.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0113%1h0.2449+0.014%$6.2M$11.6M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0117%1h0.2450+0.032%$492K$430K50xas long as short
Phoenix ADA+0.0130%1h0.2452+0.134%$4K$78K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2448−0.045%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471+0.894%$849$202K12xas long as short
Reya ADARUSDPERPlong+0.0284%1h0.2449long leg$1K15x
GMX ADA/USD [WBTC.b-USDC]L +0.0564% / S −0.0313%1h0.2449+0.011%$122K100xas long as short