Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Polymarket Perps against Extended+0.007%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)+0.235%+$23 · spread now +0.007%, 7d avg +0.038%
=Together, before fees+0.077%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ADA-USD | 0.2459 | 0.0104 | pay 0.0013% / 1h | 18m 22s | $554K | $1.8M | 50x |
| Short | Polymarket Perps ADA-USD | 0.2459 | 0.0100 | get 0.0013% / 1h | 18m 22s | $96K | $624K | 10x |
Extended ADA-USD
Polymarket Perps ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- −$0.84
- Price spread: +0.007% → +0.038%
- −$3.08
- Slippage, 4 orders
- −$11.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$28.28
- Costs to cover
- 0.244%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 64 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 | 2.04 bp | 4.5 bp −$5 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 64 min ago | 2.84 bp | 7.2 bp −$7 | 9.1 bp −$91 | 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-USD | 0.0000% | 1h | 0.2458 | −0.014% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2458 | −0.021% | $154K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2459 | +0.001% | $85K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0064% | 1h | 0.2457 | −0.062% | $410K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0095% | 1h | 0.2457 | −0.057% | $6.2M | $11.6M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2461 | +0.097% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2460 | +0.052% | $42.6M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2459 | +0.028% | $1.2M | $920K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2459 | +0.028% | $157K | $146K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2459 | +0.025% | $101.9M | $360.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid 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 | 0.2458 | −0.021% | $71.5M | $102.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2459 | +0.020% | $31.9M | $105.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | −0.021% | $96.8M | $59.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2459 | +0.020% | $53.5M | $50.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2459 | +0.028% | $30.2M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2460 | +0.060% | $65.9M | $43.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2459 | +0.020% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2458 | −0.013% | $101K | $412K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.217% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2456 | −0.115% | $65K | $280K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2455 | −0.157% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2455 | −0.143% | $55K | $581K | 50x | as long as short |
| Polymarket Perps ADA-USDshort | +0.0100% | 1h | 0.2459 | +0.007% | $96K | $624K | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2458 | −0.021% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2458 | −0.001% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2458 | −0.020% | $9K | $759K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2457 | −0.042% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2459 | +0.007% | $1.3M | $5.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2458 | −0.021% | $47.9M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2460 | +0.043% | $21K | $250 | 20x | as long as short |
| Extended ADA-USDlong | +0.0104% | 1h | 0.2459 | long leg | $554K | $1.8M | 50x | |
| Phoenix ADA | +0.0131% | 1h | 0.2453 | −0.220% | $4K | $74K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2454 | −0.184% | $4.4M | $5.4M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0279% | 1h | 0.2459 | +0.011% | $480K | $351K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0285% | 1h | 0.2459 | +0.003% | $1K | — | 15x | as long as short |
| Injective ADA/USDC PERP | +0.0288% | 1h | 0.2471 | +0.508% | $849 | $202K | 12x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0566% / S −0.0313% | 1h | 0.2458 | −0.018% | $122K | — | 100x | as long as short |
Bybit ADAUSDT
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
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
Injective ADA/USDC PERP
GMX ADA/USD [WBTC.b-USDC]