ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against BingX−0.449%66s7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.424% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)+0.573%+$57 · spread now −0.449%, 7d avg +0.028%

Together, before fees+0.793%+$79 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.477% cheaper against BingX than usual: you would sell low and buy high (spread −0.449% now, against its 7-day average of +0.028%). If the spread goes back, that is −$48 on $10k: about 13 days of funding at the current rate (+$4 a day). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ADA-USDT	0.2448	0.0100	pay 0.0100% / 8h	4h 48m	—	$18.1M	—
Short	BloFin ADA-USDT	0.2437	0.0220	get 0.0220% / 8h	4h 48m	$4.6M	$5.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now −0.449%Rate

Funding earned: $25.2
Price spread: −0.449% → +0.028%: −$47.73
Slippage, 4 orders: −$20.44
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$64.98
Costs to cover: 0.424%
Break-even: 25.0 days

Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 4 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 BingX live order book, 4 min ago	2.05 bp	7.0 bp −$7	7.0 bp −$70	12.8 bp −$1,279	29.3 bp −$14.6K
Sell BloFin live order book, 4 min ago	4.09 bp	10.1 bp −$10	10.1 bp −$101	19.5 bp −$1,954	41.5 bp −$20.7K

ADA on 37 exchanges

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
Kraken Futures PF_ADAUSD	−0.0105%	1h	0.2448	−0.004%	$6.2M	$12.8M	50x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2446	−0.082%	$205K	$7.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2446	−0.074%	$84K	—	150x	as long as short
dYdX ADA-USD	+0.0023%	1h	0.2447	−0.027%	$206K	$6K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.940%	$849	$202K	12x	as long as short
Lighter ADA	+0.0096%	1h	0.2449	+0.025%	$2.4M	$925K	10x	as long as short
Phoenix ADA	+0.0098%	1h	0.2445	−0.118%	$2K	$102K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2448	+0.006%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2449	+0.053%	$157K	$150K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2449	+0.024%	$105.1M	$376.2M	75x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2447	−0.041%	$74.5M	$122.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2448	0.000%	$32.2M	$104.2M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2447	−0.041%	$101.3M	$58.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2448	0.000%	$51.0M	$69.3M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2448	−0.008%	$29.4M	$14.7M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2448	0.000%	$67.1M	$49.2M	75x	as long as short
BingX ADA-USDTlong	+0.0100%	8h	0.2448	long leg	—	$18.1M	—
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2449	+0.033%	$136K	$445K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2443	−0.210%	$4.1M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2445	−0.125%	$65K	$291K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2445	−0.114%	$292K	$3.6M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2446	−0.082%	$67K	$898K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2445	−0.127%	$91K	$1.5M	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2447	−0.041%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2449	+0.034%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2449	+0.042%	$8K	$657K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2449	+0.020%	$337	$6K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2448	+0.008%	$1.3M	$6.7M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2448	0.000%	$47.3M	$7.5M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2449	+0.050%	$19K	$589	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2448	+0.007%	$540K	$1.7M	50x	as long as short
Hyperliquid ADA	+0.0129%	1h	0.2450	+0.074%	$43.6M	$17.2M	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0216%	1h	0.2438	−0.408%	$403K	$7.7M	50x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2437	−0.449%	$4.6M	$5.4M	75x
Reya ADARUSDPERP	+0.0268%	1h	0.2445	−0.131%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0363%	1h	0.2449	+0.045%	$571K	$838K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0367% / S −0.0294%	1h	0.2447	−0.058%	$87K	—	100x	as long as short