data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

ADA

all ADA markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 15:00 UTC−0.0169%/8h
next payment, per $10,000−$0.21paid, last 24h−0.013%paid, last 4 days+0.010%to open and closeno order book
Long on DeriveShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ADA-PERP0.24210.0100pay 0.0013% / 1h40m 21s$39K$3K5x
ShortKraken Futures PF_ADAUSD0.2420−0.0069pay 0.0009% / 1h40m 21s$5.9M$11.2M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$35.59
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$51.59
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.054%
Avg gap 7d
—
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample—————
Sell Kraken Futures live order book, 5 min ago2.07 bp10.7 bp −$1116.1 bp −$16161.0 bp −$6,098doesn't fit
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 36 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ADAUSDshort−0.0069%1h$5.9M$11.2M50x
dYdX ADA-USD0.0000%1h$200K$2K10xas long as short
Kalshi KXADAPERP0.0000%8h$152K$5.5M3.2xas long as short
Deribit ADA_USDC-PERPETUAL0.0000%1h$451K$372K50xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h$83K—150xas long as short
Injective ADA/USDC PERP+0.0033%1h$784$95K12xas long as short
Phoenix ADA+0.0066%1h$4K$103K10xas long as short
Gate ADA_USDT+0.0081%8h$92.7M$56.0M75xas long as short
Lighter ADA+0.0096%1h$2.3M$1.0M10xas long as short
Hyperliquid ADA+0.0100%1h$41.4M$16.4M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster ADAUSDT+0.0100%8h$1.1M$1.3M75xas long as short
Pacifica ADA+0.0100%1h$158K$174K10xas long as short
Binance ADAUSDT+0.0100%8h$100.8M$346.0M75xas long as short
Bybit ADAUSDT+0.0100%8h$69.5M$108.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h$32.1M$102.4M50xas long as short
MEXC ADA_USDT+0.0100%8h$51.2M$60.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h$29.9M$20.6M75xas long as short
Bitget ADAUSDT+0.0100%8h$63.2M$45.5M75xas long as short
BingX ADA-USDC+0.0100%8h—$6.5M—as long as short
Backpack ADA_USDC_PERP+0.0100%1h$104K$414K15xas long as short
Variational Omni ADA+0.0100%8h$4.2M$1.0M—as long as short
edgeX ADAUSDC+0.0100%4h$64K$354K20xas long as short
ApeX Omni ADAUSDT+0.0100%1h$95K$343K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h$92K$719K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h$6K$37K20xas long as short
Derive ADA-PERPlong+0.0100%1h$39K$3K5x
SunX ADA-USDT+0.0100%8h$9K$767K30xas long as short
SoDEX ADA-USD+0.0100%1h$333$13K10xas long as short
HTX ADA-USDT+0.0100%8h$1.3M$4.6M75xas long as short
Phemex ADAUSDT+0.0100%8h$47.4M$5.7M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h$20K$25020xas long as short
Extended ADA-USD+0.0104%1h$635K$1.5M50xas long as short
Coinbase International ADA-PERP-INTX+0.0136%1h$450K$6.4M50xas long as short
BloFin ADA-USDT+0.0220%8h$4.4M$6.0M75xas long as short
Reya ADARUSDPERP+0.0296%1h$1K—15xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0542% / S −0.0369%1h$106K—100xas long as short