ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Aster against Kalshi−0.009%51s7-day average +0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.422% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.289%+$29 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.009%, 7d avg +0.059%

Together, before fees+0.282%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.068% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.059%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). The two prices were read 51 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	Kalshi KXADAPERP	0.2468	0	get 0.0000% / 8h	17m 22s	$154K	$6.2M	3.2x
Short	Aster ADAUSDT	0.2468	0.0100	get 0.0100% / 8h	4h 17m	$1.2M	$985K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now −0.009%Rate

Funding earned: $21
Price spread: −0.009% → +0.059%: −$6.85
Slippage, 4 orders: −$24.21
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$28.06
Costs to cover: 0.422%
Break-even: 16.4 days

Slippage from Kalshi: live order book, 1 min ago; Aster: live order book, 1 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 Kalshi live order book, 1 min ago	4.06 bp	9.1 bp −$9	17.3 bp −$173	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	4.05 bp	13.7 bp −$14	28.3 bp −$283	doesn't fit	doesn't fit

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	0.2465	−0.119%	$203K	$2K	10x	as long as short
Kalshi KXADAPERPlong	0.0000%	8h	0.2468	long leg	$154K	$6.2M	3.2x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2468	+0.015%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.122%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2463	−0.203%	$428K	$7.7M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0092%	1h	0.2470	+0.074%	$6.3M	$12.7M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2468	+0.004%	$2.4M	$1.1M	10x	as long as short
Aster ADAUSDTshort	+0.0100%	8h	0.2468	−0.009%	$1.2M	$985K	75x
Pacifica ADA	+0.0100%	1h	0.2468	+0.011%	$160K	$160K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2471	+0.106%	$104.6M	$370.2M	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	0.2469	+0.041%	$72.0M	$108.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2470	+0.081%	$33.0M	$105.4M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2468	0.000%	$98.5M	$59.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2468	0.000%	$61.8M	$60.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2468	0.000%	$29.9M	$15.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2469	+0.041%	$66.5M	$49.5M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2469	+0.041%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2466	−0.093%	$125K	$442K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	−0.039%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2467	−0.032%	$66K	$285K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2468	−0.011%	$298K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2466	−0.081%	$227K	$746K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2469	+0.028%	$94K	$689K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2469	+0.041%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2470	+0.068%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2470	+0.079%	$9K	$729K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2470	+0.081%	$340	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2464	−0.179%	$1.3M	$6.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2465	−0.122%	$48.1M	$6.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2469	+0.055%	$537K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0110%	8h	0.2468	+0.019%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0191%	1h	0.2470	+0.097%	$42.9M	$14.7M	10x	as long as short
Phoenix ADA	+0.0195%	1h	0.2470	+0.065%	$4K	$100K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2467	−0.041%	$4.3M	$5.8M	75x	as long as short
Reya ADARUSDPERP	+0.0278%	1h	0.2469	+0.020%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0595% / S −0.0547%	1h	0.2469	+0.035%	$133K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0682%	1h	0.2471	+0.109%	$599K	$488K	50x	as long as short