ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.049%

Price spread now: GMX against Derive−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Derive Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive ADA-PERP	0.2458	0.0100	pay 0.0013% / 1h	18m 25s	$40K	$3K	5x
Short	GMX ADA/USD [WBTC.b-USDC]	0.2458	L +0.0566% / S −0.0313%	get 0.0039% / 1h	18m 25s	$122K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Derive. 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 DerivebpFee GMXbpOrdersPrice spread, now −0.016%Rate

Funding earned: $44.65
Price spread: −0.016% → 0.000%: −$1.64
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $25.01
Costs to cover: 0.180%
Break-even: 3.1 days

Slippage unknown: Derive: no order-book sample; GMX: 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 Derive no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Derive and GMX: 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	0.2458	−0.013%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2458	−0.020%	$154K	$5.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2459	+0.002%	$85K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2457	−0.061%	$410K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0095%	1h	0.2457	−0.056%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2461	+0.098%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2460	+0.053%	$42.6M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2459	+0.029%	$1.2M	$920K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2459	+0.029%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2459	+0.026%	$101.9M	$360.2M	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	0.2458	−0.020%	$71.5M	$102.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2459	+0.021%	$31.9M	$105.9M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2458	−0.020%	$96.8M	$59.0M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2459	+0.021%	$53.5M	$50.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2459	+0.029%	$30.2M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2460	+0.061%	$65.9M	$43.2M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2459	+0.021%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2458	−0.012%	$101K	$412K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2453	−0.216%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2456	−0.114%	$65K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2455	−0.156%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2455	−0.142%	$55K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2459	+0.008%	$96K	$624K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2458	−0.020%	$6K	$36K	20x	as long as short
Derive ADA-PERPlong	+0.0100%	1h	0.2458	long leg	$40K	$3K	5x
SunX ADA-USDT	+0.0100%	8h	0.2458	−0.019%	$9K	$759K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2457	−0.040%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2459	+0.008%	$1.3M	$5.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2458	−0.020%	$47.9M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2460	+0.044%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2459	+0.001%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2453	−0.219%	$4K	$74K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2454	−0.183%	$4.4M	$5.4M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0279%	1h	0.2459	+0.012%	$480K	$351K	50x	as long as short
Reya ADARUSDPERP	+0.0285%	1h	0.2459	+0.004%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.509%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]short	L +0.0566% / S −0.0313%	1h	0.2458	−0.016%	$122K	—	100x