ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: HTX against BloFin−0.363%59s7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as 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−$400.404% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.363%, 7d avg −0.030%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.333% cheaper against BloFin than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 59 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	BloFin ADA-USDT	0.2479	0.0220	pay 0.0220% / 8h	5h 28m	$4.5M	$5.8M	75x
Short	HTX ADA-USDT	0.2470	0.0100	get 0.0100% / 8h	5h 28m	$1.3M	$6.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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 BloFinbpFee HTXbpOrdersPrice spread, now −0.363%Rate

Funding earned: −$25.2
Price spread: −0.363% → −0.030%: −$33.32
Slippage, 4 orders: −$16.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$98.94
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; HTX: live order book, 1 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 BloFin live order book, 6 min ago	4.03 bp	10.0 bp −$10	10.0 bp −$100	16.3 bp −$1,631	46.1 bp −$23.1K
Sell HTX live order book, 1 min ago	1.07 bp	10.7 bp −$11	20.1 bp −$201	42.3 bp −$4,233	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	0.2471	−0.303%	$203K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2470	−0.350%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.323%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2473	−0.242%	$412K	$7.6M	50x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2474	−0.214%	$43.0M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2473	−0.242%	$1.2M	$993K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2472	−0.273%	$159K	$161K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2472	−0.274%	$104.6M	$371.6M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2471	−0.323%	$72.5M	$109.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2473	−0.242%	$33.0M	$106.3M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2472	−0.282%	$99.1M	$59.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2472	−0.282%	$58.9M	$58.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2474	−0.210%	$29.8M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2472	−0.282%	$66.3M	$48.5M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2473	−0.242%	—	$20.1M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2473	−0.226%	$129K	$424K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2478	−0.041%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2477	−0.086%	$66K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2479	−0.013%	$297K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2478	−0.040%	$229K	$734K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2471	−0.331%	$96K	$676K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2471	−0.323%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2472	−0.302%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2473	−0.243%	$9K	$748K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2473	−0.242%	$340	$13K	10x	as long as short
HTX ADA-USDTshort	+0.0100%	8h	0.2470	−0.363%	$1.3M	$6.2M	75x
Phemex ADAUSDT	+0.0100%	8h	0.2473	−0.242%	$48.1M	$6.3M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2473	−0.249%	$537K	$1.8M	50x	as long as short
Kalshi KXADAPERP	+0.0107%	8h	0.2473	−0.242%	$147K	$6.3M	3.2x	as long as short
Paradex ADA-USD-PERP	+0.0109%	8h	0.2472	−0.278%	$21K	$250	20x	as long as short
Phoenix ADA	+0.0163%	1h	0.2480	+0.056%	$4K	$90K	10x	as long as short
Lighter ADA	+0.0216%	1h	0.2475	−0.145%	$2.5M	$1.0M	10x	as long as short
BloFin ADA-USDTlong	+0.0220%	8h	0.2479	long leg	$4.5M	$5.8M	75x
Kraken Futures PF_ADAUSD	+0.0260%	1h	0.2474	−0.219%	$6.3M	$12.5M	50x	as long as short
Reya ADARUSDPERP	+0.0280%	1h	0.2471	−0.307%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0417% / S −0.0202%	1h	0.2470	−0.354%	$96K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0599%	1h	0.2475	−0.165%	$585K	$444K	50x	as long as short