ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Polymarket Perps against gTrade (Gains Network)−0.330%235s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Polymarket Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.330% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.330% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 12 days of funding at the current rate (+$3 a day). The two prices were read 235 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ADA/USD	0.2470	L +0.0005% / S −0.0003%	pay 0.0001% / 1h	49m 25s	$85K	—	150x
Short	Polymarket Perps ADA-USD	0.2462	0.0100	get 0.0013% / 1h	49m 25s	$118K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Polymarket PerpsbpOrdersPrice spread, now −0.330%Rate

Funding earned: $20.01
Price spread: −0.330% → 0.000%: −$33.03
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$31.03
Costs to cover: 0.180%
Break-even: 17.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Polymarket Perps: live order book, 2 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 2 min ago	6.90 bp	12.5 bp −$12	13.1 bp −$131	doesn't fit	doesn't fit

gTrade (Gains Network): 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 exchanges

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	0.2462	−0.328%	$206K	$5K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2465	−0.209%	$237K	$7.7M	3.2x	as long as short
gTrade (Gains Network) ADA/USDlong	L +0.0005% / S −0.0003%	1h	0.2470	long leg	$85K	—	150x
Kraken Futures PF_ADAUSD	+0.0031%	1h	0.2464	−0.235%	$6.3M	$13.2M	50x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.034%	$849	$202K	12x	as long as short
Lighter ADA	+0.0096%	1h	0.2462	−0.326%	$2.4M	$935K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2464	−0.262%	$43.9M	$17.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2463	−0.294%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2462	−0.330%	$158K	$147K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2462	−0.334%	$105.5M	$380.8M	75x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2462	−0.330%	$74.1M	$121.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2462	−0.330%	$32.5M	$107.2M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2461	−0.371%	$101.3M	$59.8M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2462	−0.330%	$51.3M	$68.0M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2462	−0.342%	$29.5M	$15.3M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2462	−0.330%	$67.4M	$50.0M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2462	−0.330%	—	$18.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2465	−0.213%	$141K	$450K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2462	−0.336%	$4.1M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2462	−0.316%	$66K	$290K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2470	+0.014%	$301K	$3.6M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2463	−0.290%	$70K	$896K	50x	as long as short
Polymarket Perps ADA-USDshort	+0.0100%	1h	0.2462	−0.330%	$118K	$1.3M	10x
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2461	−0.371%	$6K	$5K	20x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2466	−0.171%	$8K	$671K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2464	−0.245%	$339	$6K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2465	−0.218%	$1.3M	$6.8M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2466	−0.168%	$47.6M	$7.5M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2461	−0.375%	$19K	$589	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2461	−0.383%	$543K	$1.7M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0115%	1h	0.2465	−0.213%	$598K	$807K	50x	as long as short
Phoenix ADA	+0.0161%	1h	0.2472	+0.095%	$3K	$104K	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0176%	1h	0.2465	−0.209%	$403K	$8.0M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2462	−0.330%	$4.6M	$5.5M	75x	as long as short
Reya ADARUSDPERP	+0.0269%	1h	0.2462	−0.338%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0369% / S −0.0295%	1h	0.2464	−0.268%	$87K	—	100x	as long as short