Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Polymarket Perps against BloFin−0.057%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 4 days (all we have)−0.434%−$43 · spread now −0.057%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ADA-USDT | 0.2458 | 0.0220 | pay 0.0220% / 8h | 5h 07m | $4.5M | $5.7M | 75x |
| Short | Polymarket Perps ADA-USD | 0.2457 | 0.0100 | get 0.0013% / 1h | 7m 11s | $93K | $680K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$25.2
- Price spread: −0.057% → −0.051%
- −$0.63
- Slippage, 4 orders
- −$15.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$61.14
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Polymarket Perps: live order book, 56 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, 7 min ago | 4.04 bp | 10.0 bp −$10 | 10.0 bp −$100 | 18.3 bp −$1,825 | 48.0 bp −$24.0K |
| Sell Polymarket Perps live order book, 56 min ago | 3.05 bp | 7.1 bp −$7 | 8.9 bp −$89 | doesn't fit | 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 | 0.2460 | +0.087% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2461 | +0.122% | $145K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2457 | −0.025% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.529% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2461 | +0.122% | $405K | $7.7M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2457 | −0.031% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2461 | +0.135% | $160K | $163K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2458 | −0.010% | $103.9M | $372.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2457 | −0.041% | $71.8M | $110.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2455 | −0.122% | $32.7M | $106.1M | 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 | 0.2455 | −0.122% | $98.6M | $61.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2454 | −0.163% | $61.6M | $61.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | −0.134% | $29.6M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2455 | −0.122% | $65.9M | $50.0M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2455 | −0.122% | — | $20.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2456 | −0.077% | $125K | $445K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | +0.367% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2466 | +0.326% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2465 | +0.288% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2463 | +0.203% | $227K | $738K | 50x | as long as short |
| Polymarket Perps ADA-USDshort | +0.0100% | 1h | 0.2457 | −0.057% | $93K | $680K | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2458 | 0.000% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2459 | +0.048% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2458 | +0.001% | $8K | $743K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2457 | −0.024% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.035% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2459 | +0.041% | $47.9M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2457 | −0.047% | $533K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0108% | 8h | 0.2462 | +0.167% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0123% | 1h | 0.2456 | −0.081% | $42.7M | $14.8M | 10x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2459 | +0.037% | $2.4M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2465 | +0.264% | $4K | $90K | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2458 | long leg | $4.5M | $5.7M | 75x | |
| Kraken Futures PF_ADAUSD | +0.0261% | 1h | 0.2456 | −0.070% | $6.2M | $12.7M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2457 | −0.042% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0483% | 1h | 0.2459 | +0.041% | $590K | $452K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0484% / S −0.0279% | 1h | 0.2458 | −0.014% | $107K | — | 100x | as long as short |
BloFin ADA-USDT
Polymarket Perps ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
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
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Hyperliquid ADA
Lighter ADA
Phoenix ADA
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]