Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.023%
Price spread now: dYdX against SoDEX−0.278%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.278% cheaper against SoDEX than usual: you would sell low and buy high (−$28 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 | SoDEX ADA-USD | 0.2480 | 0.0100 | pay 0.0013% / 1h | 36m 05s | $341 | $13K | 10x |
| Short | dYdX ADA-USD | 0.2474 | 0 | get 0.0000% / 1h | 36m 05s | $203K | $3K | 10x |
SoDEX ADA-USD
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against SoDEX. 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
- −$21
- Price spread: −0.278% → 0.000%
- −$27.8
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$66.8
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 28 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 28 min ago | 150.28 bp | 155.3 bp −$155 | 155.3 bp −$1,553 | 155.3 bp −$15.5K | 165.3 bp −$82.7K |
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-USDshort | 0.0000% | 1h | 0.2474 | −0.278% | $203K | $3K | 10x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2478 | −0.083% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.379% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2480 | −0.016% | $419K | $7.6M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2481 | +0.012% | $43.1M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2479 | −0.056% | $1.2M | $989K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2476 | −0.189% | $159K | $161K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2479 | −0.056% | $104.5M | $369.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2479 | −0.056% | $73.0M | $108.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2478 | −0.097% | $33.0M | $106.3M | 50x | as long as short |
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2478 | −0.097% | $99.2M | $59.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2480 | −0.016% | $57.9M | $57.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2480 | −0.008% | $29.9M | $16.5M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2479 | −0.056% | $66.4M | $48.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2479 | −0.056% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2481 | +0.020% | $128K | $422K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2479 | −0.056% | $4.3M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2465 | −0.616% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2468 | −0.500% | $298K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2466 | −0.581% | $228K | $732K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2476 | −0.165% | $95K | $675K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2479 | −0.056% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2480 | −0.005% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2482 | +0.064% | $9K | $746K | 30x | as long as short |
| SoDEX ADA-USDlong | +0.0100% | 1h | 0.2480 | long leg | $341 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2476 | −0.162% | $1.3M | $6.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2480 | −0.016% | $48.2M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2481 | +0.036% | $537K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0104% | 8h | 0.2469 | −0.460% | $164K | $6.3M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2476 | −0.158% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0136% | 1h | 0.2482 | +0.060% | $2.5M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2469 | −0.472% | $4K | $90K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2469 | −0.460% | $4.5M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0259% | 1h | 0.2481 | +0.015% | $6.4M | $12.4M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2476 | −0.178% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0418% / S −0.0202% | 1h | 0.2477 | −0.141% | $96K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0597% | 1h | 0.2481 | +0.020% | $565K | $450K | 50x | as long as short |
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
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL