Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: dYdX against Variational Omni−0.252%7-day average −0.019% · 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)−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.402%+$40 · spread now −0.252%, 7d avg −0.019%
=Together, before fees+0.327%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.233% cheaper against Variational Omni than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2460 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $4.2M | $1.0M | — |
| Short | dYdX ADA-USD | 0.2454 | 0 | get 0.0000% / 1h | 50m 35s | $202K | $4K | 10x |
Variational Omni ADA
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Variational Omni. 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: −0.252% → −0.019%
- −$23.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$54.27
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; dYdX: live order book, 33 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 Variational Omni RFQ quote, 4 min ago | 6.09 bp | doesn't fit | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 33 min ago | 73.35 bp | 78.3 bp −$78 | 144.4 bp −$1,444 | 154.6 bp −$15.5K | 164.3 bp −$82.1K |
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 | 0.2454 | −0.252% | $202K | $4K | 10x | |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2453 | −0.296% | $165K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2452 | −0.317% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2452 | −0.337% | $407K | $7.2M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0095% | 1h | 0.2452 | −0.333% | $6.2M | $11.4M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2457 | −0.150% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2454 | −0.260% | $42.5M | $14.5M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2454 | −0.248% | $1.2M | $999K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2455 | −0.223% | $157K | $147K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2454 | −0.254% | $101.6M | $355.5M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid 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 | 0.2454 | −0.256% | $70.9M | $99.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2454 | −0.256% | $31.8M | $105.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2454 | −0.256% | $96.5M | $57.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2454 | −0.256% | $52.8M | $50.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | −0.215% | $30.3M | $18.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2454 | −0.256% | $65.7M | $42.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2455 | −0.215% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2453 | −0.313% | $101K | $415K | 15x | as long as short |
| Variational Omni ADAlong | +0.0100% | 8h | 0.2460 | long leg | $4.2M | $1.0M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2457 | −0.138% | $66K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2464 | +0.151% | $298K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | −0.174% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2454 | −0.276% | $96K | $625K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | −0.296% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.298% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.298% | $9K | $756K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.333% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.312% | $1.3M | $5.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.337% | $47.9M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2456 | −0.193% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2454 | −0.251% | $559K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0131% | 1h | 0.2456 | −0.170% | $4K | $74K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0199% | 1h | 0.2454 | −0.268% | $476K | $350K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2451 | −0.378% | $4.4M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0286% | 1h | 0.2453 | −0.287% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERP | +0.0288% | 1h | 0.2445 | −0.622% | $840 | $168K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0565% / S −0.0313% | 1h | 0.2452 | −0.323% | $122K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Reya ADARUSDPERP
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]