Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Bybit−0.040%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.040%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ADAUSDT | 0.2502 | 0.0100 | pay 0.0100% / 8h | 3h 54m | $73.2M | $109.1M | 75x |
| Short | Gate ADA_USDT | 0.2501 | 0.0100 | get 0.0100% / 8h | 3h 54m | $100.2M | $59.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $0
- Price spread: −0.040% → −0.023%
- −$1.72
- Slippage, 4 orders
- −$15.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$43.16
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: 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 Bybit live order book, 4 min ago | 2.02 bp | 7.5 bp −$8 | 12.6 bp −$126 | 33.8 bp −$3,378 | 147.4 bp −$73.7K |
| Sell Gate live order book, 4 min ago | 2.02 bp | 13.1 bp −$13 | 17.4 bp −$174 | 92.9 bp −$9,294 | 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 | 0.2501 | −0.058% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2495 | −0.280% | $211K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2495 | −0.265% | $88K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2497 | −0.189% | $6.4M | $12.6M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.239% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2495 | −0.280% | $416K | $7.9M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2497 | −0.207% | $1.2M | $996K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2502 | −0.004% | $162K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2503 | +0.024% | $105.4M | $374.7M | 75x | as long as short |
| Bybit ADAUSDTlong | +0.0100% | 8h | 0.2502 | long leg | $73.2M | $109.1M | 75x |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2503 | +0.040% | $33.5M | $107.9M | 50x | as long as short |
| Gate ADA_USDTshort | +0.0100% | 8h | 0.2501 | −0.040% | $100.2M | $59.1M | 75x | |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2502 | 0.000% | $62.2M | $60.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2503 | +0.028% | $30.2M | $15.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2502 | 0.000% | $67.6M | $50.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2501 | −0.040% | — | $6.6M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2489 | −0.517% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2486 | −0.621% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2488 | −0.560% | $292K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2489 | −0.520% | $229K | $748K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2497 | −0.196% | $97K | $692K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2496 | −0.240% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2498 | −0.174% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2497 | −0.202% | $9K | $731K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2497 | −0.220% | $343 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2497 | −0.211% | $1.3M | $6.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2497 | −0.200% | $48.7M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2501 | −0.028% | $542K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0115% | 8h | 0.2504 | +0.075% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0192% | 1h | 0.2504 | +0.092% | $2.5M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2478 | −0.955% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2496 | −0.240% | $4.6M | $5.8M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.0249% | 1h | 0.2498 | −0.152% | $135K | $443K | 15x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2495 | −0.260% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0599% | 1h | 0.2502 | −0.008% | $44.2M | $15.2M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0599% / S −0.0547% | 1h | 0.2496 | −0.255% | $134K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0672% | 1h | 0.2498 | −0.172% | $613K | $496K | 50x | as long as short |
Bybit ADAUSDT
Gate ADA_USDT
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL