Funding you earn now, next payment 00:00 UTC+0.0242%/8h= +26.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.069%
Price spread now: Reya against Coinbase International+0.001%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 48 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 | Coinbase International ADA-PERP-INTX | 0.2472 | 0.0040 | pay 0.0005% / 1h | 25m 31s | $419K | $7.3M | 50x |
| Short | Reya ADARUSDPERP | 0.2472 | 0.0282 | get 0.0035% / 1h | 25m 31s | $1K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Coinbase International. 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
- $50.9
- Price spread: +0.001% → 0.000%
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $35.02
- Costs to cover
- 0.160%
- Break-even
- 2.2 days
Slippage unknown: Coinbase International: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.
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 Coinbase International live order book, 4 min ago | 4.05 bp | 10.6 bp −$11 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2472 | +0.006% | $203K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2475 | +0.121% | $184K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2472 | −0.020% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.040% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTXlong | +0.0040% | 1h | 0.2472 | long leg | $419K | $7.3M | 50x | |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2474 | +0.068% | $6.2M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2467 | −0.214% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2473 | +0.057% | $1.2M | $948K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2473 | +0.040% | $161K | $148K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2471 | −0.040% | $103.0M | $365.8M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2471 | −0.040% | $72.5M | $104.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2472 | 0.000% | $32.7M | $107.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2471 | −0.040% | $98.4M | $59.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2471 | −0.040% | $53.6M | $51.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2471 | −0.036% | $30.3M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2472 | 0.000% | $66.2M | $44.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2472 | 0.000% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2474 | +0.085% | $129K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2472 | +0.004% | $4.2M | $966K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2468 | −0.148% | $66K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2469 | −0.133% | $293K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2470 | −0.081% | $56K | $584K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2471 | −0.032% | $94K | $646K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2473 | +0.040% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2474 | +0.074% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2473 | +0.040% | $9K | $766K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2474 | +0.081% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2474 | +0.087% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2473 | +0.040% | $48.3M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0103% | 8h | 0.2472 | +0.019% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2472 | −0.002% | $537K | $1.8M | 50x | as long as short |
| Lighter ADA | +0.0160% | 1h | 0.2475 | +0.109% | $2.5M | $1.1M | 10x | as long as short |
| Hyperliquid ADA | +0.0193% | 1h | 0.2474 | +0.089% | $43.2M | $14.5M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2468 | −0.162% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERPshort | +0.0282% | 1h | 0.2472 | +0.001% | $1K | — | 15x | |
| Deribit ADA_USDC-PERPETUAL | +0.0397% | 1h | 0.2474 | +0.097% | $497K | $434K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0627% / S −0.0393% | 1h | 0.2472 | −0.005% | $142K | — | 100x | as long as short |
Coinbase International ADA-PERP-INTX
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
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
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Lighter ADA
Hyperliquid ADA
BloFin ADA-USDT
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]