ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0493%/8h= −54.0% APRnext payment −$0.62 per $10,000 · paid last 24h −0.109%

Price spread now: SoDEX against GMX−0.026%7-day average — · you buy dearer than you sell

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

Long on GMX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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 −$15 a day on $10k at the current rate, and SoDEX is 0.026% cheaper against GMX than usual: you would sell low and buy high (−$3 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]	0.2453	L +0.0593% / S −0.0547%	pay 0.0074% / 1h	38m 42s	$132K	—	100x
Short	SoDEX ADA-USD	0.2452	0.0100	get 0.0013% / 1h	38m 42s	$337	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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 GMXbpFee SoDEXbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$103.54
Price spread: −0.026% → 0.000%: −$2.61
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$126.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

GMX and SoDEX: 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	0.2452	−0.046%	$202K	$3K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2455	+0.076%	$160K	$6.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2453	+0.010%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.728%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2455	+0.076%	$426K	$7.7M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0092%	1h	0.2451	−0.075%	$6.3M	$12.8M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2455	+0.092%	$2.4M	$1.1M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2454	+0.048%	$1.2M	$983K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2454	+0.026%	$159K	$162K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2454	+0.028%	$103.8M	$371.8M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2452	−0.046%	$71.5M	$110.7M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2454	+0.035%	$32.7M	$105.4M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2452	−0.046%	$97.9M	$59.2M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2453	−0.006%	$61.0M	$60.0M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2453	−0.006%	$29.6M	$15.1M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2454	+0.035%	$66.0M	$49.9M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2453	−0.006%	—	$20.1M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2452	−0.026%	$124K	$443K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2454	+0.037%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2453	−0.013%	$65K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2454	+0.031%	$295K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2453	−0.006%	$226K	$743K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2455	+0.068%	$94K	$688K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2452	−0.046%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2453	−0.026%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2456	+0.117%	$9K	$739K	30x	as long as short
SoDEX ADA-USDshort	+0.0100%	1h	0.2452	−0.026%	$337	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2455	+0.075%	$1.3M	$6.4M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2451	−0.087%	$47.8M	$6.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2453	−0.010%	$532K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0107%	8h	0.2454	+0.025%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0147%	1h	0.2456	+0.104%	$42.6M	$14.7M	10x	as long as short
Phoenix ADA	+0.0195%	1h	0.2461	+0.337%	$4K	$100K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2457	+0.157%	$4.5M	$5.7M	75x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2455	+0.055%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0444%	1h	0.2453	−0.010%	$593K	$493K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]long	L +0.0593% / S −0.0547%	1h	0.2453	long leg	$132K	—	100x