ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.019%

Price spread now: dYdX against Extended+0.028%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$327as in the Funding arb table

Net, price: spread back to 7d avg − costs−$319as in the Price arb table

costs, in and out, $10k−$3203.196% of the position

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.028%, 7d avg +0.021%

Together, before fees−0.080%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ADA-USD	0.2463	0.0104	pay 0.0013% / 1h	8m 03s	$533K	$1.8M	50x
Short	dYdX ADA-USD	0.2464	0	get 0.0000% / 1h	8m 03s	$203K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee dYdXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$21.84
Price spread: +0.028% → +0.021%: $0.73
Slippage, 4 orders: −$304.61
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$340.72
Costs to cover: 3.196%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; dYdX: live order book, 56 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 Extended live order book, 5 min ago	2.02 bp	4.5 bp −$5	9.9 bp −$99	doesn't fit	doesn't fit
Sell dYdX live order book, 56 min ago	150.28 bp	155.3 bp −$155	155.3 bp −$1,553	155.3 bp −$15.5K	165.3 bp −$82.7K

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-USDshort	0.0000%	1h	0.2464	+0.028%	$203K	$3K	10x
Kalshi KXADAPERP	0.0000%	8h	0.2464	+0.047%	$146K	$6.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2463	+0.021%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.331%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2463	+0.006%	$406K	$7.7M	50x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2464	+0.036%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2464	+0.059%	$160K	$163K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2460	−0.095%	$104.0M	$372.4M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2460	−0.115%	$72.0M	$110.9M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2461	−0.075%	$32.8M	$106.3M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2461	−0.075%	$98.8M	$60.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2462	−0.034%	$61.9M	$61.0M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2463	−0.006%	$29.7M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2460	−0.115%	$66.1M	$49.9M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2460	−0.115%	—	$20.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2463	−0.006%	$131K	$443K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	+0.170%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2469	+0.240%	$66K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2470	+0.291%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2475	+0.494%	$228K	$737K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2462	−0.014%	$94K	$680K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2463	+0.006%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2464	+0.061%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2463	+0.007%	$8K	$743K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2463	+0.006%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2464	+0.033%	$1.3M	$6.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2464	+0.047%	$48.0M	$6.5M	50x	as long as short
Extended ADA-USDlong	+0.0104%	1h	0.2463	long leg	$533K	$1.8M	50x
Paradex ADA-USD-PERP	+0.0109%	8h	0.2466	+0.134%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0127%	1h	0.2463	+0.002%	$43.1M	$14.6M	10x	as long as short
Lighter ADA	+0.0136%	1h	0.2465	+0.071%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2477	+0.583%	$4K	$90K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2468	+0.209%	$4.5M	$5.8M	75x	as long as short
Kraken Futures PF_ADAUSD	+0.0261%	1h	0.2463	−0.010%	$6.3M	$12.8M	50x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2463	+0.005%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0484% / S −0.0279%	1h	0.2463	+0.026%	$108K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.1415%	1h	0.2467	+0.169%	$591K	$451K	50x	as long as short