Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Gate against Lighter−0.199%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days+0.305%+$31 · spread now −0.199%, 7d avg −0.007%
=Together, before fees+0.422%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.192% cheaper against Lighter than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2507 | 0.0096 | pay 0.0012% / 1h | 29m 21s | $2.5M | $1.1M | 10x |
| Short | Gate ADA_USDT | 0.2502 | 0.0100 | get 0.0100% / 8h | 3h 29m | $102.4M | $61.1M | 75x |
Lighter ADA
Gate ADA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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
- $0.84
- Price spread: −0.199% → −0.007%
- −$19.21
- Slippage, 4 orders
- −$24.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.43
- Costs to cover
- 0.391%
- Break-even
- 485.6 days
Slippage from Lighter: live order book, 8 min ago; Gate: live order book, 5 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 Lighter live order book, 8 min ago | 2.59 bp | 6.2 bp −$6 | 16.5 bp −$165 | 45.6 bp −$4,556 | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.00 bp | 13.2 bp −$13 | 17.9 bp −$179 | 89.4 bp −$8,936 | 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 | 0.2505 | −0.099% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2509 | +0.080% | $152K | $6.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2502 | −0.189% | $86K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2506 | −0.033% | $6.4M | $13.0M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.436% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2508 | +0.040% | $388K | $8.3M | 50x | as long as short |
| Lighter ADAlong | +0.0096% | 1h | 0.2507 | long leg | $2.5M | $1.1M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2504 | −0.112% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2506 | −0.056% | $161K | $169K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2504 | −0.120% | $106.8M | $383.1M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
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 | 0.2502 | −0.199% | $75.5M | $113.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2503 | −0.160% | $33.6M | $111.1M | 50x | as long as short |
| Gate ADA_USDTshort | +0.0100% | 8h | 0.2502 | −0.199% | $102.4M | $61.1M | 75x | |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2503 | −0.160% | $61.1M | $61.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2504 | −0.140% | $30.1M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2502 | −0.199% | $68.0M | $51.3M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2503 | −0.160% | — | $6.6M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2504 | −0.117% | $4.4M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2504 | −0.133% | $67K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2504 | −0.107% | $303K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2505 | −0.080% | $231K | $753K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2503 | −0.148% | $96K | $618K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2502 | −0.199% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2503 | −0.177% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2508 | +0.038% | $9K | $738K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2506 | −0.020% | $345 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2507 | +0.001% | $1.4M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2506 | −0.040% | $48.8M | $6.9M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2503 | −0.148% | $542K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0113% | 8h | 0.2500 | −0.260% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2510 | +0.100% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2508 | +0.040% | $4.7M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0277% | 1h | 0.2504 | −0.122% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0315% | 1h | 0.2506 | −0.048% | $139K | $461K | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0350% | 1h | 0.2503 | −0.156% | $615K | $533K | 50x | as long as short |
| Hyperliquid ADA | +0.0468% | 1h | 0.2505 | −0.092% | $44.8M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0617% / S −0.0569% | 1h | 0.2502 | −0.207% | $139K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Reya ADARUSDPERP
Backpack ADA_USDC_PERP
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]