ADA

Alert

Funding spread now, next payment 17:00 UTC−0.0315%/8h

paid, last 24h−0.065%paid, last 3 days−0.004%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.004% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ADA/USD [WBTC.b-USDC]	0.2445	L +0.0535% / S −0.0286%	pay 0.0067% / 1h	49m 37s	$115K	—	100x
Short	BloFin ADA-USDT	0.2445	0.0220	get 0.0220% / 8h	7h 49m	$4.4M	$6.3M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee BloFinbpOrdersRate

Funding earned: −$66.2
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$90.2
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; BloFin: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.016%
Avg gap 7d: +0.030%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 GMX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 5 min ago	2.04 bp	8.0 bp −$8	8.1 bp −$81	20.3 bp −$2,031	48.2 bp −$24.1K

GMX: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ADA_USDT	−0.0121%	8h	$95.1M	$56.0M	75x	as long as short
dYdX ADA-USD	0.0000%	1h	$202K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	$105K	$5.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	$91K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	$832	$124K	12x	as long as short
Lighter ADA	+0.0096%	1h	$2.3M	$987K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	$1.1M	$1.3M	75x	as long as short
Pacifica ADA	+0.0100%	1h	$159K	$179K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	$102.0M	$367.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	$71.6M	$111.4M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	$32.2M	$109.2M	50x	as long as short
MEXC ADA_USDT	+0.0100%	8h	$51.4M	$62.8M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	$30.1M	$21.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	$64.5M	$46.7M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	—	$18.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	$103K	$433K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	$65K	$277K	20x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	$229K	$452K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	$93K	$736K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	$9K	$808K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	$717	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	$1.3M	$5.2M	75x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	$605K	$1.7M	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0112%	1h	$493K	$7.1M	50x	as long as short
Phoenix ADA	+0.0131%	1h	$4K	$103K	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0140%	1h	$6.0M	$11.4M	50x	as long as short
Hyperliquid ADA	+0.0165%	1h	$42.8M	$16.9M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0200%	1h	$469K	$411K	50x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	$4.4M	$6.3M	75x
Reya ADARUSDPERP	+0.0294%	1h	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]long	L +0.0535% / S −0.0286%	1h	$115K	—	100x
Phemex ADAUSDT	+0.0573%	8h	$47.7M	$6.0M	50x	as long as short