Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Extended against Kraken Futures−0.026%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now −0.026%, 7d avg −0.037%
=Together, before fees−0.200%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ADAUSD | 0.2439 | 0.0171 | pay 0.0021% / 1h | 45m 06s | $6.3M | $13.9M | 50x |
| Short | Extended ADA-USD | 0.2438 | 0.0104 | get 0.0013% / 1h | 45m 06s | $512K | $1.8M | 50x |
Kraken Futures PF_ADAUSD
Extended ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$14.01
- Price spread: −0.026% → −0.037%
- $1.08
- Slippage, 4 orders
- −$19.24
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$47.17
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Extended: live order book, 3 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 Kraken Futures live order book, 4 min ago | 2.26 bp | 13.9 bp −$14 | 18.7 bp −$187 | 66.2 bp −$6,615 | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.05 bp | 4.6 bp −$5 | 10.0 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2436 | −0.106% | $208K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2438 | −0.009% | $83K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.329% | $849 | $202K | 12x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2438 | −0.024% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2436 | −0.092% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2431 | −0.310% | $156K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2436 | −0.106% | $102.4M | $411.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2436 | −0.106% | $72.2M | $125.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2436 | −0.106% | $32.5M | $118.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2436 | −0.106% | $99.7M | $64.1M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2437 | −0.065% | $51.8M | $64.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2438 | −0.020% | $29.4M | $15.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2437 | −0.065% | $66.2M | $53.6M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2437 | −0.065% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2439 | −0.004% | $139K | $485K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2430 | −0.349% | $4.1M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2436 | −0.093% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2437 | −0.082% | $295K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2439 | +0.017% | $81K | $890K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2437 | −0.086% | $124K | $1.2M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2439 | +0.022% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2440 | +0.056% | $8K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2438 | −0.024% | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2432 | −0.271% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2437 | −0.065% | $47.3M | $7.4M | 50x | as long as short |
| Extended ADA-USDshort | +0.0104% | 1h | 0.2438 | −0.026% | $512K | $1.8M | 50x | |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2431 | −0.300% | $20K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0120% | 1h | 0.2437 | −0.065% | $383K | $8.6M | 50x | as long as short |
| dYdX ADA-USD | +0.0123% | 1h | 0.2429 | −0.381% | $200K | $2K | 10x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2440 | +0.054% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2441 | +0.095% | $4K | $111K | 10x | as long as short |
| Kraken Futures PF_ADAUSDlong | +0.0171% | 1h | 0.2439 | long leg | $6.3M | $13.9M | 50x | |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2436 | −0.106% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2437 | −0.064% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0293% | 1h | 0.2439 | 0.000% | $42.8M | $18.2M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0629% / S −0.0728% | 1h | 0.2438 | −0.020% | $163K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0776% | 1h | 0.2440 | +0.062% | $621K | $612K | 50x | as long as short |
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
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
Coinbase International ADA-PERP-INTX
dYdX ADA-USD
Lighter ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL