Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: Kalshi against dYdX+0.175%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2662.664% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.175%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.218% dearer against dYdX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ADA-USD | 0.2458 | 0 | get 0.0000% / 1h | 40m 23s | $202K | $4K | 10x |
| Short | Kalshi KXADAPERP | 0.2462 | 0 | get 0.0000% / 8h | 4h 40m | $168K | $6.0M | 3.2x |
dYdX ADA-USD
Kalshi KXADAPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against dYdX. 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: +0.175% → −0.043%
- $21.79
- Slippage, 4 orders
- −$246.37
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$244.58
- Costs to cover
- 2.664%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 39 min ago; Kalshi: live order book, 3 min ago.
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 dYdX live order book, 39 min ago | 83.35 bp | 116.6 bp −$117 | 142.4 bp −$1,424 | 145.0 bp −$14.5K | 160.1 bp −$80.0K |
| Sell Kalshi live order book, 3 min ago | 4.06 bp | 9.1 bp −$9 | 16.0 bp −$160 | doesn't fit | doesn't fit |
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-USDlong | 0.0000% | 1h | 0.2458 | long leg | $202K | $4K | 10x | |
| Kalshi KXADAPERPshort | 0.0000% | 8h | 0.2462 | +0.175% | $168K | $6.0M | 3.2x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2460 | +0.076% | $85K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2461 | +0.134% | $406K | $7.3M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2461 | +0.122% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2461 | +0.126% | $42.6M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2460 | +0.095% | $1.2M | $924K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2459 | +0.070% | $158K | $144K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2460 | +0.093% | $102.3M | $362.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2459 | +0.053% | $71.8M | $102.7M | 75x | as long as short |
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2460 | +0.093% | $32.4M | $107.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | +0.012% | $97.6M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2459 | +0.053% | $53.0M | $50.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2460 | +0.077% | $30.2M | $18.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2460 | +0.093% | $66.0M | $43.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2460 | +0.093% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2461 | +0.134% | $109K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2460 | +0.101% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2468 | +0.425% | $66K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2464 | +0.239% | $291K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2469 | +0.460% | $56K | $582K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2459 | +0.069% | $95K | $626K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2459 | +0.053% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2460 | +0.086% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2460 | +0.092% | $9K | $762K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2460 | +0.073% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.066% | $1.3M | $5.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2459 | +0.053% | $48.0M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2459 | +0.071% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2459 | +0.056% | $557K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0113% | 1h | 0.2459 | +0.052% | $6.2M | $11.6M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0116% | 1h | 0.2460 | +0.097% | $499K | $425K | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2463 | +0.199% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2462 | +0.175% | $4.4M | $5.5M | 75x | as long as short |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +0.541% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0284% | 1h | 0.2459 | +0.057% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0566% / S −0.0313% | 1h | 0.2459 | +0.050% | $122K | — | 100x | as long as short |
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL
Phoenix ADA
BloFin ADA-USDT
Injective ADA/USDC PERP
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]