Funding you earn now, next payment 08:00 UTC−0.0173%/8h= −19.0% APRnext payment −$0.22 per $10,000 · paid last 24h −0.057%
Price spread now: SoDEX against Reya+0.041%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 pays, funding is against you. SoDEX is 0.041% dearer against Reya than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2447 | 0.0273 | pay 0.0034% / 1h | 39m 06s | $1K | — | 15x |
| Short | SoDEX ADA-USD | 0.2449 | 0.0100 | get 0.0013% / 1h | 39m 06s | $337 | $13K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$36.39
- Price spread: +0.041% → 0.000%
- $4.1
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$46.29
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Reya and SoDEX: 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 | 0.2445 | −0.121% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2447 | −0.020% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.960% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2450 | +0.086% | $2.4M | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2449 | +0.061% | $6K | $5K | 20x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2449 | +0.047% | $43.0M | $18.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2447 | −0.016% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2446 | −0.081% | $157K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2448 | +0.018% | $103.1M | $407.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2446 | −0.061% | $72.7M | $125.5M | 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 | 0.2447 | −0.020% | $32.5M | $118.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2447 | −0.020% | $100.5M | $64.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2447 | −0.020% | $52.2M | $65.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2448 | +0.008% | $29.5M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2447 | −0.020% | $66.6M | $53.8M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2448 | +0.021% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2448 | +0.004% | $139K | $486K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2455 | +0.307% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2456 | +0.350% | $66K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2456 | +0.347% | $287K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2457 | +0.388% | $78K | $894K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2447 | −0.024% | $121K | $1.3M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2451 | +0.144% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2450 | +0.101% | $8K | $755K | 30x | as long as short |
| SoDEX ADA-USDshort | +0.0100% | 1h | 0.2449 | +0.041% | $337 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2449 | +0.077% | $1.3M | $7.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2448 | +0.021% | $47.4M | $7.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2447 | −0.006% | $514K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2445 | −0.110% | $20K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.0107% | 8h | 0.2448 | +0.021% | $184K | $7.6M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2448 | +0.021% | $369K | $8.4M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2449 | +0.061% | $4.4M | $5.9M | 75x | as long as short |
| Phoenix ADA | +0.0228% | 1h | 0.2459 | +0.458% | $4K | $112K | 10x | as long as short |
| Reya ADARUSDPERPlong | +0.0273% | 1h | 0.2447 | long leg | $1K | — | 15x | |
| Kraken Futures PF_ADAUSD | +0.0280% | 1h | 0.2449 | +0.062% | $6.3M | $14.0M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0526% | 1h | 0.2450 | +0.090% | $624K | $614K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0602% / S −0.0679% | 1h | 0.2447 | −0.014% | $155K | — | 100x | as long as short |
SoDEX ADA-USD
gTrade (Gains Network) ADA/USD
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
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
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Kalshi KXADAPERP
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Phoenix ADA
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]