Funding you earn now, next payment 08:00 UTC−0.0265%/8h= −29.0% APRnext payment −$0.33 per $10,000 · paid last 24h −0.121%
Price spread now: Extended against GMX+0.010%7-day average −0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.010%, 7d avg −0.035%
=Together, before fees−0.576%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.045% dearer against GMX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.035%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ADA/USD [WBTC.b-USDC] | 0.2442 | L +0.0369% / S −0.0295% | pay 0.0046% / 1h | 18m 29s | $87K | — | 100x |
| Short | Extended ADA-USD | 0.2442 | 0.0104 | get 0.0013% / 1h | 18m 29s | $500K | $1.8M | 50x |
GMX ADA/USD [WBTC.b-USDC]
Extended ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GMX. 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
- −$55.64
- Price spread: +0.010% → −0.035%
- $4.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.14
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 5 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 GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 5 min ago | 2.05 bp | 4.5 bp −$5 | 7.6 bp −$76 | doesn't fit | doesn't fit |
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 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 | 0.2442 | +0.005% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2442 | +0.011% | $83K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.182% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2444 | +0.088% | $2.4M | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2443 | +0.035% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2443 | +0.048% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2443 | +0.053% | $156K | $180K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2443 | +0.035% | $103.1M | $407.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2442 | −0.006% | $72.7M | $126.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2441 | −0.047% | $32.5M | $118.2M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2442 | −0.006% | $99.8M | $65.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2443 | +0.035% | $51.8M | $65.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2443 | +0.039% | $29.5M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2442 | −0.006% | $66.3M | $54.0M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2443 | +0.035% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2445 | +0.105% | $138K | $484K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2438 | −0.167% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2439 | −0.127% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2440 | −0.087% | $294K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2440 | −0.088% | $77K | $894K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2443 | +0.019% | $120K | $1.3M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2444 | +0.094% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2444 | +0.094% | $8K | $755K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2444 | +0.080% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2441 | −0.027% | $1.3M | $7.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2442 | −0.006% | $47.3M | $7.6M | 50x | as long as short |
| Hyperliquid ADA | +0.0101% | 1h | 0.2445 | +0.113% | $42.9M | $18.1M | 10x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2443 | +0.030% | $20K | $250 | 20x | as long as short |
| Extended ADA-USDshort | +0.0104% | 1h | 0.2442 | +0.010% | $500K | $1.8M | 50x | |
| Kalshi KXADAPERP | +0.0104% | 8h | 0.2442 | −0.006% | $245K | $7.7M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2440 | −0.088% | $376K | $8.4M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2443 | +0.035% | $4.5M | $5.8M | 75x | as long as short |
| Phoenix ADA | +0.0228% | 1h | 0.2441 | −0.059% | $2K | $112K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0273% | 1h | 0.2442 | −0.025% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0281% | 1h | 0.2444 | +0.058% | $6.3M | $14.0M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]long | L +0.0369% / S −0.0295% | 1h | 0.2442 | long leg | $87K | — | 100x | |
| Deribit ADA_USDC-PERPETUAL | +0.0692% | 1h | 0.2445 | +0.109% | $623K | $614K | 50x | as long as short |
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
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Hyperliquid ADA
Paradex ADA-USD-PERP
Kalshi KXADAPERP
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Phoenix ADA
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL