Funding you earn now, next payment 11:00 UTC−0.0336%/8h= −36.8% APRnext payment −$0.42 per $10,000 · paid last 24h −0.125%
Price spread now: Injective against GMX−0.190%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 0.190% cheaper against GMX than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ADA/USD [WBTC.b-USDC] | 0.2476 | L +0.0369% / S −0.0295% | pay 0.0046% / 1h | 56m 35s | $88K | — | 100x |
| Short | Injective ADA/USDC PERP | 0.2471 | 0.0033 | get 0.0004% / 1h | 56m 35s | $849 | $202K | 12x |
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$70.55
- Price spread: −0.190% → 0.000%
- −$18.98
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$101.56
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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 | 0.2474 | −0.072% | $207K | $5K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2475 | −0.028% | $205K | $7.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2474 | −0.063% | $85K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0031% | 1h | 0.2475 | −0.011% | $6.3M | $13.3M | 50x | as long as short |
| Injective ADA/USDC PERPshort | +0.0033% | 1h | 0.2471 | −0.190% | $849 | $202K | 12x | |
| Lighter ADA | +0.0096% | 1h | 0.2477 | +0.040% | $2.4M | $934K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2474 | −0.069% | $44.1M | $17.6M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2475 | −0.048% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2475 | −0.017% | $159K | $151K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2472 | −0.155% | $106.1M | $382.0M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2471 | −0.190% | $74.4M | $121.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2472 | −0.149% | $32.7M | $108.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2474 | −0.069% | $101.9M | $59.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2471 | −0.190% | $49.6M | $67.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2475 | −0.008% | $29.6M | $15.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2471 | −0.190% | $67.6M | $50.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2475 | −0.028% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2475 | −0.012% | $139K | $451K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2475 | −0.032% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2477 | +0.057% | $66K | $291K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2478 | +0.100% | $290K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2478 | +0.093% | $71K | $896K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2471 | −0.194% | $118K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2475 | −0.028% | $6K | $4K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2476 | +0.011% | $8K | $677K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2475 | −0.008% | $340 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2474 | −0.052% | $1.3M | $6.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2477 | +0.053% | $47.8M | $7.5M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2474 | −0.076% | $20K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2472 | −0.142% | $545K | $1.7M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0176% | 1h | 0.2478 | +0.093% | $403K | $8.1M | 50x | as long as short |
| Phoenix ADA | +0.0192% | 1h | 0.2482 | +0.263% | $3K | $103K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2474 | −0.069% | $4.6M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0270% | 1h | 0.2474 | −0.077% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0316% | 1h | 0.2476 | +0.028% | $616K | $791K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]long | L +0.0369% / S −0.0295% | 1h | 0.2476 | long leg | $88K | — | 100x |
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
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL