Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Kraken Futures against ApeX Omni−0.069%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)+0.409%+$41 · spread now −0.069%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.070% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ADAUSDT | 0.2453 | 0.0100 | pay 0.0013% / 1h | 38m 56s | $226K | $743K | 50x |
| Short | Kraken Futures PF_ADAUSD | 0.2451 | 0.0092 | get 0.0012% / 1h | 38m 56s | $6.3M | $12.8M | 50x |
ApeX Omni ADAUSDT
Kraken Futures PF_ADAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX 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
- −$1.61
- Price spread: −0.069% → +0.001%
- −$6.98
- Slippage, 4 orders
- −$25.67
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$54.26
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 20 min ago; Kraken Futures: live order book, 5 min ago.
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 ApeX Omni live order book, 20 min ago | 2.04 bp | 8.5 bp −$9 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 4.07 bp | 12.3 bp −$12 | 17.5 bp −$175 | 51.5 bp −$5,152 | doesn't fit |
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 | 0.2455 | +0.083% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2455 | +0.082% | $160K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | +0.015% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.734% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2455 | +0.082% | $426K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0092% | 1h | 0.2451 | −0.069% | $6.3M | $12.8M | 50x | |
| Lighter ADA | +0.0096% | 1h | 0.2454 | +0.020% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2454 | +0.024% | $1.2M | $983K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2455 | +0.077% | $159K | $162K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2454 | +0.021% | $103.8M | $372.6M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter 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 | 0.2452 | −0.041% | $71.5M | $110.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2454 | +0.041% | $32.7M | $105.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2452 | −0.041% | $97.9M | $59.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2453 | 0.000% | $61.0M | $60.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2453 | −0.012% | $29.6M | $15.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | 0.000% | $65.9M | $49.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2453 | 0.000% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2452 | −0.020% | $124K | $443K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | +0.043% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | −0.007% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2454 | +0.037% | $295K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDTlong | +0.0100% | 1h | 0.2453 | long leg | $226K | $743K | 50x | |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2455 | +0.073% | $94K | $688K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2452 | −0.041% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2453 | −0.020% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2456 | +0.123% | $9K | $739K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.020% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.080% | $1.3M | $6.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2451 | −0.082% | $47.8M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2452 | −0.025% | $532K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2454 | +0.054% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0143% | 1h | 0.2454 | +0.023% | $42.6M | $14.7M | 10x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2461 | +0.342% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2457 | +0.163% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2455 | +0.061% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0444% | 1h | 0.2453 | −0.004% | $593K | $493K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0593% / S −0.0547% | 1h | 0.2453 | +0.006% | $132K | — | 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
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
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
Hyperliquid ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]