Funding you earn now, next payment 06:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.017%
Price spread now: Kraken Futures against SoDEX−0.014%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ADA-USD | 0.2449 | 0.0100 | pay 0.0013% / 1h | 12m 01s | $337 | $13K | 10x |
| Short | Kraken Futures PF_ADAUSD | 0.2448 | 0.0020 | get 0.0002% / 1h | 12m 01s | $6.3M | $13.8M | 50x |
SoDEX ADA-USD
Kraken Futures PF_ADAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$16.89
- Price spread: −0.014% → 0.000%
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$36.26
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 3.28 bp | 9.4 bp −$9 | 14.9 bp −$149 | 66.0 bp −$6,601 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2448 | −0.020% | $191K | $7.5M | 3.2x | as long as short |
| dYdX ADA-USD | +0.0002% | 1h | 0.2444 | −0.193% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2445 | −0.127% | $84K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0020% | 1h | 0.2448 | −0.014% | $6.3M | $13.8M | 50x | |
| Phoenix ADA | +0.0032% | 1h | 0.2445 | −0.123% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.919% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2449 | +0.037% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2450 | +0.061% | $42.8M | $18.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2449 | +0.020% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2447 | −0.065% | $157K | $176K | 10x | as long as short |
Kalshi KXADAPERP
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2450 | +0.073% | $103.2M | $409.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2448 | −0.020% | $72.0M | $124.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2450 | +0.061% | $32.5M | $118.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | −0.020% | $99.6M | $65.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2448 | −0.020% | $52.4M | $65.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2447 | −0.041% | $29.3M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2449 | +0.020% | $66.5M | $53.3M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2449 | +0.020% | — | $20.2M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2449 | +0.025% | $131K | $481K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2440 | −0.343% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2443 | −0.212% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2443 | −0.218% | $287K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2445 | −0.143% | $84K | $888K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2445 | −0.135% | $120K | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2447 | −0.061% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2448 | −0.018% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2449 | +0.018% | $8K | $764K | 30x | as long as short |
| SoDEX ADA-USDlong | +0.0100% | 1h | 0.2449 | long leg | $337 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2447 | −0.058% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2447 | −0.061% | $47.5M | $7.4M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0102% | 8h | 0.2447 | −0.067% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | −0.008% | $524K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2446 | −0.102% | $400K | $8.6M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2443 | −0.225% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2447 | −0.081% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0630% / S −0.0728% | 1h | 0.2445 | −0.148% | $164K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0772% | 1h | 0.2449 | +0.025% | $616K | $605K | 50x | as long as short |
Binance ADAUSDT
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
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL