Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Derive+0.350%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.350% dearer against Derive than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 | Derive ADA-PERP | 0.2493 | 0.0100 | pay 0.0013% / 1h | 28m 17s | $40K | $2K | 5x |
| Short | BloFin ADA-USDT | 0.2502 | 0.0220 | get 0.0220% / 8h | 3h 28m | $4.7M | $5.9M | 75x |
Derive ADA-PERP
BloFin ADA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Derive. 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: +0.350% → 0.000%
- $34.99
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $42.19
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; BloFin: live order book, 5 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 6.00 bp | 12.0 bp −$12 | 12.0 bp −$120 | 19.0 bp −$1,900 | 44.2 bp −$22.1K |
Derive: 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 | 0.2500 | +0.250% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2501 | +0.310% | $152K | $6.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2493 | +0.001% | $85K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0026% | 1h | 0.2493 | −0.016% | $6.4M | $13.0M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.893% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2494 | +0.029% | $386K | $8.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2495 | +0.077% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2495 | +0.067% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2500 | +0.263% | $161K | $169K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2494 | +0.025% | $106.4M | $383.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2492 | −0.051% | $75.2M | $113.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2493 | −0.011% | $33.5M | $110.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2492 | −0.051% | $101.9M | $61.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2494 | +0.029% | $60.2M | $62.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2495 | +0.053% | $29.9M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2493 | −0.011% | $67.8M | $51.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2494 | +0.029% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2504 | +0.433% | $4.4M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2504 | +0.417% | $67K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2504 | +0.443% | $303K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2505 | +0.470% | $231K | $753K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2496 | +0.093% | $95K | $618K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2493 | −0.011% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2493 | long leg | $40K | $2K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2495 | +0.068% | $9K | $737K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2493 | +0.009% | $343 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2493 | −0.021% | $1.4M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2494 | +0.029% | $48.6M | $6.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2497 | +0.168% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2492 | −0.040% | $542K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2510 | +0.651% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDTshort | +0.0220% | 8h | 0.2502 | +0.350% | $4.7M | $5.9M | 75x | |
| Reya ADARUSDPERP | +0.0277% | 1h | 0.2494 | +0.047% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0308% | 1h | 0.2501 | +0.322% | $139K | $461K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0312% | 1h | 0.2494 | +0.025% | $613K | $533K | 50x | as long as short |
| Hyperliquid ADA | +0.0459% | 1h | 0.2498 | +0.181% | $44.7M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0615% / S −0.0569% | 1h | 0.2493 | −0.022% | $138K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
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
Orderly PERP_ADA_USDC
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
Reya ADARUSDPERP
Backpack ADA_USDC_PERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]