Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Derive−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2459 | 0.0100 | pay 0.0013% / 1h | 53m 18s | $40K | $3K | 5x |
| Short | SoDEX ADA-USD | 0.2459 | 0.0100 | get 0.0013% / 1h | 53m 18s | $338 | $13K | 10x |
Derive ADA-PERP
SoDEX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.008% → 0.000%
- −$0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$14.84
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Derive and SoDEX: 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: 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 | 0.2452 | −0.293% | $202K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2456 | −0.097% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.496% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2453 | −0.236% | $409K | $7.4M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2456 | −0.130% | $42.8M | $14.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2453 | −0.248% | $1.2M | $983K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2453 | −0.250% | $157K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2457 | −0.056% | $102.9M | $366.4M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2456 | −0.114% | $72.4M | $107.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2459 | +0.008% | $32.7M | $105.6M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2454 | −0.195% | $97.9M | $58.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2454 | −0.195% | $64.2M | $53.6M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2453 | −0.248% | $29.8M | $16.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2457 | −0.073% | $65.8M | $47.4M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2456 | −0.114% | — | $20.2M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2453 | −0.244% | $126K | $414K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | +0.337% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2455 | −0.138% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2450 | −0.358% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2450 | −0.358% | $56K | $590K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2454 | −0.204% | $95K | $673K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2457 | −0.073% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2459 | long leg | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.197% | $9K | $745K | 30x | as long as short |
| SoDEX ADA-USDshort | +0.0100% | 1h | 0.2459 | −0.008% | $338 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | −0.171% | $1.3M | $5.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.277% | $47.7M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2453 | −0.219% | $534K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0105% | 8h | 0.2452 | −0.277% | $126K | $6.2M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2454 | −0.188% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0112% | 1h | 0.2453 | −0.228% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2454 | −0.187% | $4K | $90K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0262% | 1h | 0.2455 | −0.146% | $6.2M | $12.2M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2453 | −0.217% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0416% / S −0.0202% | 1h | 0.2456 | −0.110% | $95K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0443% | 1h | 0.2455 | −0.143% | $501K | $471K | 50x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
SunX ADA-USDT
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL