ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%

Price spread now: SoDEX against Injective−0.769%62s7-day average — · you buy dearer than you sell

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

Long on Injective 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

Funding pays, the price is against you. SoDEX is 0.769% cheaper against Injective than usual: you would sell low and buy high (spread −0.769% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$77 on $10k: about 38 days of funding at the current rate (+$2 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ADA/USDC PERP	0.2471	0.0033	pay 0.0004% / 1h	13m 44s	$849	$202K	12x
Short	SoDEX ADA-USD	0.2452	0.0100	get 0.0013% / 1h	13m 44s	$337	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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 InjectivebpFee SoDEXbpOrdersPrice spread, now −0.769%Rate

Funding earned: $14
Price spread: −0.769% → 0.000%: −$76.89
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$70.91
Costs to cover: 0.080%
Break-even: 42.5 days

Slippage unknown: Injective: 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 Injective no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Injective 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	−0.789%	$202K	$2K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2451	−0.828%	$84K	—	150x	as long as short
Injective ADA/USDC PERPlong	+0.0033%	1h	0.2471	long leg	$849	$202K	12x
Lighter ADA	+0.0096%	1h	0.2454	−0.692%	$2.4M	$1.0M	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2451	−0.809%	$6K	$5K	20x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2452	−0.763%	$1.2M	$1.2M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2451	−0.822%	$157K	$180K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2453	−0.725%	$103.6M	$407.5M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2452	−0.769%	$73.0M	$126.4M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2452	−0.769%	$32.6M	$118.8M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2453	−0.728%	$100.2M	$65.5M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2454	−0.688%	$52.9M	$65.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2454	−0.708%	$29.6M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2452	−0.769%	$66.6M	$54.0M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2454	−0.688%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2453	−0.728%	$139K	$484K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2448	−0.926%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2446	−1.021%	$65K	$289K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2444	−1.104%	$295K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2444	−1.093%	$76K	$894K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2451	−0.813%	$124K	$1.3M	10x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2452	−0.759%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2448	−0.934%	$8K	$755K	30x	as long as short
SoDEX ADA-USDshort	+0.0100%	1h	0.2452	−0.769%	$337	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2452	−0.779%	$1.3M	$7.1M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2451	−0.809%	$47.4M	$7.6M	50x	as long as short
Kalshi KXADAPERP	+0.0102%	8h	0.2451	−0.809%	$232K	$7.7M	3.2x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2453	−0.732%	$503K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0104%	8h	0.2452	−0.756%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0120%	1h	0.2455	−0.668%	$43.3M	$18.2M	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0144%	1h	0.2447	−0.971%	$377K	$8.4M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2448	−0.931%	$4.5M	$5.9M	75x	as long as short
Phoenix ADA	+0.0228%	1h	0.2443	−1.121%	$2K	$112K	10x	as long as short
Reya ADARUSDPERP	+0.0273%	1h	0.2447	−0.969%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0280%	1h	0.2451	−0.791%	$6.3M	$14.0M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0369% / S −0.0295%	1h	0.2448	−0.932%	$87K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0525%	1h	0.2453	−0.724%	$625K	$614K	50x	as long as short