Funding you earn now, next payment 05:00 UTC+0.0277%/8h= +30.4% APRpaid last 24h +0.088%
Price spread now: Reya against Kalshi+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXADAPERP | 0.2514 | 0 | get 0.0000% / 8h | 7h 43m | $169K | $6.8M | 3.2x |
| Short | Reya ADARUSDPERP | 0.2514 | 0.0277 | get 0.0035% / 1h | 43m 00s | $1K | — | 15x |
Kalshi KXADAPERP
Reya ADARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Kalshi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $58.25
- Price spread: +0.020% → 0.000%
- $1.97
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $44.23
- Costs to cover
- 0.160%
- Break-even
- 1.7 days
Slippage unknown: Kalshi: live order book, 1 min ago; Reya: 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 Kalshi live order book, 1 min ago | 3.98 bp | 9.4 bp −$9 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 0.2514 | +0.020% | $207K | $2K | 10x | as long as short |
| Kalshi KXADAPERPlong | 0.0000% | 8h | 0.2514 | long leg | $169K | $6.8M | 3.2x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2512 | −0.066% | $86K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2513 | −0.054% | $6.5M | $12.9M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.710% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2509 | −0.199% | $395K | $8.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2515 | +0.032% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2513 | −0.047% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2516 | +0.079% | $162K | $168K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2507 | −0.265% | $106.8M | $382.1M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2504 | −0.398% | $74.4M | $112.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2507 | −0.278% | $33.6M | $110.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2510 | −0.159% | $102.6M | $60.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2512 | −0.080% | $61.4M | $61.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2512 | −0.060% | $30.1M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2506 | −0.318% | $68.1M | $51.1M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2509 | −0.199% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2501 | −0.515% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2505 | −0.349% | $67K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2509 | −0.203% | $294K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2508 | −0.239% | $231K | $751K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2514 | +0.008% | $94K | $641K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2513 | −0.040% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2514 | +0.008% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2514 | −0.003% | $8K | $737K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2512 | −0.060% | $346 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2513 | −0.033% | $1.4M | $6.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2513 | −0.040% | $49.0M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2505 | −0.346% | $544K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0113% | 8h | 0.2516 | +0.098% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2515 | +0.020% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2513 | −0.040% | $4.6M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERPshort | +0.0277% | 1h | 0.2514 | +0.020% | $1K | — | 15x | |
| Backpack ADA_USDC_PERP | +0.0358% | 1h | 0.2513 | −0.040% | $144K | $460K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0427% | 1h | 0.2514 | −0.004% | $624K | $511K | 50x | as long as short |
| Hyperliquid ADA | +0.0520% | 1h | 0.2512 | −0.084% | $45.0M | $16.1M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0618% / S −0.0569% | 1h | 0.2512 | −0.076% | $139K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]