ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against HTX+0.153%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.153%, 7d avg +0.031%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.123% dearer against HTX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ADA-USDT	0.2456	0.0100	pay 0.0100% / 8h	1h 16m	$1.3M	$5.2M	75x
Short	BloFin ADA-USDT	0.2460	0.0220	get 0.0220% / 8h	1h 16m	$4.4M	$5.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now +0.153%Rate

Funding earned: $25.2
Price spread: +0.153% → +0.031%: $12.28
Slippage, 4 orders: −$21.66
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$8.17
Costs to cover: 0.457%
Break-even: 9.3 days

Slippage from HTX: live order book, 2 min ago; BloFin: live order book, 7 min ago.

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 HTX live order book, 2 min ago	3.78 bp	10.2 bp −$10	22.3 bp −$223	50.2 bp −$5,016	doesn't fit
Sell BloFin live order book, 7 min ago	6.11 bp	12.1 bp −$12	12.1 bp −$121	26.0 bp −$2,598	55.0 bp −$27.5K

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	0.2458	+0.058%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2458	+0.072%	$154K	$6.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2459	+0.094%	$85K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2457	+0.031%	$410K	$7.3M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0076%	1h	0.2457	+0.015%	$479K	$351K	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0095%	1h	0.2456	−0.027%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2461	+0.186%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2460	+0.153%	$42.6M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2459	+0.113%	$1.2M	$921K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2459	+0.129%	$157K	$146K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2460	+0.157%	$102.1M	$360.4M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2460	+0.153%	$71.5M	$102.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2461	+0.194%	$31.8M	$106.0M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2460	+0.153%	$97.2M	$59.1M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2459	+0.113%	$53.5M	$50.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2458	+0.088%	$30.2M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2461	+0.194%	$65.9M	$43.2M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2460	+0.153%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2458	+0.084%	$101K	$414K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2453	−0.124%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2456	−0.022%	$65K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2456	−0.029%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2455	−0.050%	$55K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2459	+0.117%	$96K	$625K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2456	−0.009%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2457	+0.025%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2460	+0.156%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2456	+0.003%	$338	$13K	10x	as long as short
HTX ADA-USDTlong	+0.0100%	8h	0.2456	long leg	$1.3M	$5.2M	75x
Phemex ADAUSDT	+0.0100%	8h	0.2458	+0.072%	$47.9M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2460	+0.149%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2461	+0.175%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2459	+0.092%	$4K	$74K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2460	+0.153%	$4.4M	$5.4M	75x
Reya ADARUSDPERP	+0.0285%	1h	0.2459	+0.116%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.601%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0566% / S −0.0313%	1h	0.2458	+0.071%	$122K	—	100x	as long as short