Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Derive−0.155%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.155% cheaper against Derive than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2489 | 0.0100 | pay 0.0013% / 1h | 26m 02s | $40K | $2K | 5x |
| Short | MEXC ADA_USDT | 0.2485 | 0.0100 | get 0.0100% / 8h | 3h 26m | $60.2M | $62.2M | 300x |
Derive ADA-PERP
MEXC ADA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.155% → 0.000%
- −$15.51
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$21.51
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 2.00 bp | 2.0 bp −$2 | 3.5 bp −$35 | 16.0 bp −$1,601 | 42.7 bp −$21.4K |
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 | 0.2489 | −0.012% | $205K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2490 | +0.046% | $147K | $6.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2488 | −0.032% | $85K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0026% | 1h | 0.2488 | −0.033% | $6.4M | $13.0M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.718% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2489 | +0.006% | $385K | $8.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2490 | +0.058% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2486 | −0.103% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2490 | +0.041% | $160K | $169K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2486 | −0.109% | $106.0M | $384.3M | 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 | 0.2485 | −0.155% | $75.1M | $113.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2486 | −0.115% | $33.3M | $110.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2485 | −0.155% | $101.7M | $61.3M | 75x | as long as short |
| MEXC ADA_USDTshort | +0.0100% | 8h | 0.2485 | −0.155% | $60.2M | $62.2M | 300x | |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2485 | −0.135% | $29.8M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2486 | −0.115% | $67.6M | $51.4M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2485 | −0.155% | — | $20.1M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2486 | −0.113% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2504 | +0.625% | $67K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2503 | +0.577% | $293K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2505 | +0.648% | $231K | $753K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2490 | +0.058% | $93K | $625K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2488 | −0.035% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2489 | long leg | $40K | $2K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2489 | +0.004% | $8K | $737K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2488 | −0.014% | $342 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2489 | +0.020% | $1.3M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2488 | −0.035% | $48.5M | $6.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2490 | +0.053% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2485 | −0.143% | $540K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2510 | +0.829% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2492 | +0.126% | $4.6M | $5.9M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.0263% | 1h | 0.2488 | −0.031% | $137K | $462K | 15x | as long as short |
| Reya ADARUSDPERP | +0.0277% | 1h | 0.2489 | +0.003% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0433% | 1h | 0.2489 | +0.022% | $612K | $533K | 50x | as long as short |
| Hyperliquid ADA | +0.0440% | 1h | 0.2487 | −0.055% | $44.5M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0615% / S −0.0569% | 1h | 0.2488 | −0.048% | $138K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
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
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]