Settings8H · net · $10k
Funding arb · Price arb /

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Pacifica against Derive+0.127%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.127% dearer against Derive than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ADA-PERP0.24720.0100pay 0.0013% / 1h51m 35s$40K$3K5x
ShortPacifica ADA0.24750.0100get 0.0013% / 1h51m 35s$158K$146K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$0
Price spread: +0.127% → 0.000%
$12.71
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$1.29
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Pacifica: live order book, 26 min ago. Net counts fees only.

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 Pacifica live order book, 26 min ago2.03 bp6.1 bp −$6doesn't fitdoesn't fitdoesn'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 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2474+0.093%$204K$4K10xas long as short
Kalshi KXADAPERP0.0000%8h0.2474+0.079%$161K$6.0M3.2xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2471−0.043%$85K150xas long as short
Coinbase International ADA-PERP-INTX+0.0056%1h0.2471−0.043%$415K$7.4M50xas long as short
Lighter ADA+0.0096%1h0.2477+0.180%$2.5M$1.3M10xas long as short
Hyperliquid ADA+0.0100%1h0.2476+0.163%$42.9M$14.2M10xas long as short
Aster ADAUSDT+0.0100%8h0.2474+0.085%$1.2M$925K75xas long as short
Pacifica ADAshort+0.0100%1h0.2475+0.127%$158K$146K10x
Binance ADAUSDT+0.0100%8h0.2475+0.119%$102.9M$361.3M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2475+0.119%$72.1M$102.7M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2475+0.119%$32.6M$107.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2474+0.079%$97.9M$59.2M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2474+0.079%$53.3M$50.5M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2475+0.111%$30.3M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2475+0.119%$66.3M$43.4M75xas long as short
BingX ADA-USDC+0.0100%8h0.2475+0.119%$6.5Mas long as short
Variational Omni ADA+0.0100%8h0.2464−0.319%$4.2M$1.0Mas long as short
edgeX ADAUSDC+0.0100%4h0.2468−0.162%$66K$280K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2468−0.164%$288K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2464−0.326%$56K$581K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2473+0.022%$97K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2471−0.043%$6K$36K20xas long as short
Derive ADA-PERPlong+0.0100%1h0.2472long leg$40K$3K5x
SunX ADA-USDT+0.0100%8h0.2475+0.118%$9K$760K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2472+0.018%$340$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2471−0.025%$1.3M$5.3M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2472−0.002%$48.3M$5.9M50xas long as short
Paradex ADA-USD-PERP+0.0100%8h0.2475+0.121%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2475+0.099%$561K$1.8M50xas long as short
Kraken Futures PF_ADAUSD+0.0112%1h0.2473+0.019%$6.2M$11.6M50xas long as short
Phoenix ADA+0.0130%1h0.2468−0.160%$4K$78K10xas long as short
Backpack ADA_USDC_PERP+0.0139%1h0.2473+0.030%$109K$418K15xas long as short
BloFin ADA-USDT+0.0220%8h0.2471−0.043%$4.4M$5.5M75xas long as short
Injective ADA/USDC PERP+0.0254%1h0.2471−0.043%$849$202K12xas long as short
Reya ADARUSDPERP+0.0284%1h0.2473+0.021%$1K15xas long as short
Deribit ADA_USDC-PERPETUAL+0.0357%1h0.2472+0.002%$489K$404K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0568% / S −0.0313%1h0.2472−0.017%$123K100xas long as short