Funding you earn now, next payment 01:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.23 per $10,000 · paid last 24h −0.060%
Price spread now: Polymarket Perps against Reya−0.029%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 Polymarket Perps is 0.029% 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 | 0.2484 | 0.0282 | pay 0.0035% / 1h | 13m 37s | $1K | — | 15x |
| Short | Polymarket Perps ADA-USD | 0.2483 | 0.0100 | get 0.0013% / 1h | 13m 37s | $95K | $649K | 10x |
Reya ADARUSDPERP
Polymarket Perps ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$38.25
- Price spread: −0.029% → 0.000%
- −$2.93
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$55.17
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 59 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 Polymarket Perps live order book, 59 min ago | 2.46 bp | 6.9 bp −$7 | 9.3 bp −$93 | doesn't fit | 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 | 0.2484 | +0.011% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2485 | +0.059% | $215K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2484 | +0.037% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.504% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2482 | −0.061% | $422K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2486 | +0.119% | $6.3M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2475 | −0.359% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2485 | +0.059% | $1.2M | $955K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2486 | +0.090% | $160K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2484 | +0.019% | $103.5M | $367.0M | 75x | as long as short |
dYdX ADA-USD
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 ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2483 | −0.021% | $72.9M | $105.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2484 | +0.019% | $32.9M | $108.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2485 | +0.059% | $99.1M | $59.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2485 | +0.059% | $55.0M | $52.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2485 | +0.059% | $30.5M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2484 | +0.019% | $67.1M | $44.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2484 | +0.019% | — | $20.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2489 | +0.236% | $137K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2474 | −0.379% | $4.3M | $968K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2480 | −0.123% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2482 | −0.065% | $294K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2485 | +0.059% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USDshort | +0.0100% | 1h | 0.2483 | −0.029% | $95K | $649K | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2485 | +0.059% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2487 | +0.122% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2487 | +0.139% | $9K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2486 | +0.100% | $342 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2487 | +0.141% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2486 | +0.100% | $48.6M | $5.7M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2485 | +0.058% | $542K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2486 | +0.099% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2487 | +0.128% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2481 | −0.102% | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADA | +0.0242% | 1h | 0.2487 | +0.136% | $43.4M | $14.3M | 10x | as long as short |
| Reya ADARUSDPERPlong | +0.0282% | 1h | 0.2484 | long leg | $1K | — | 15x | |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0629% / S −0.0393% | 1h | 0.2485 | +0.056% | $143K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4743% | 1h | 0.2547 | +2.548% | $512K | $434K | 50x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
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
Orderly PERP_ADA_USDC
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
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL