Funding spread now, next payment 16:00 UTC−0.0458%/8h
next payment, per $10,000−$0.57paid, last 24h+0.020%paid, last 7 days−0.080%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 per $10,000. 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 | Injective ADA/USDC PERP | 0.2424 | 0.0558 | pay 0.0070% / 1h | 18m 54s | $832 | $124K | 12x |
| Short | Backpack ADA_USDC_PERP | 0.2446 | 0.0100 | get 0.0013% / 1h | 18m 54s | $103K | $431K | 15x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$96.13
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$106.15
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Backpack: live order book, 31 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.891%
- Avg gap 7d
- +0.351%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 31 min ago | 1.42 bp | 7.6 bp −$8 | 9.0 bp −$90 | doesn't fit | doesn't fit |
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 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | $114K | $5.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | $89K | — | 150x | as long as short |
| Phoenix ADA | +0.0066% | 1h | $4K | $103K | 10x | as long as short |
| Gate ADA_USDT | +0.0071% | 8h | $94.7M | $59.4M | 75x | as long as short |
| dYdX ADA-USD | +0.0092% | 1h | $202K | $2K | 10x | as long as short |
| Lighter ADA | +0.0096% | 1h | $2.3M | $1.1M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | $42.1M | $16.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | $1.1M | $1.4M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | $160K | $181K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | $101.4M | $366.1M | 75x | as long as short |
Injective ADA/USDC PERP
Backpack ADA_USDC_PERP
gTrade (Gains Network) ADA/USD
Phoenix ADA
Gate ADA_USDT
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Variational Omni ADA
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]