Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h 0.000%
Price spread now: Injective against MEXC+0.447%85s7-day average −0.285% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.402%−$40 · spread now +0.447%, 7d avg −0.285%
=The price spread pays, funding is against you. Injective is 0.732% dearer against MEXC than usual: you sell high and buy low (spread +0.447% now, against its 7-day average of −0.285%): +$73 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 days. At the pace of the last 7 days (−0.015% in total) that is about 11 months. The two prices were read 85 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 | MEXC ADA_USDT | 0.2460 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $61.8M | $61.0M | 300x |
| Short | Injective ADA/USDC PERP | 0.2471 | 0.0033 | get 0.0004% / 1h | 7m 56s | $849 | $202K | 12x |
MEXC ADA_USDT
Injective ADA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- Price spread: +0.447% → −0.285%
- $73.25
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $59.23
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 min ago; Injective: 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 MEXC live order book, 1 min ago | 2.03 bp | 2.0 bp −$2 | 4.3 bp −$43 | 16.3 bp −$1,630 | 48.3 bp −$24.1K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.2464 | +0.144% | $203K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2464 | +0.163% | $146K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2463 | +0.136% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERPshort | +0.0033% | 1h | 0.2471 | +0.447% | $849 | $202K | 12x | |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2463 | +0.122% | $406K | $7.7M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2462 | +0.067% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2464 | +0.175% | $160K | $163K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2460 | +0.006% | $104.0M | $372.5M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2460 | 0.000% | $72.0M | $110.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2461 | +0.041% | $32.8M | $106.3M | 50x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2459 | −0.041% | $98.7M | $60.9M | 75x | as long as short |
| MEXC ADA_USDTlong | +0.0100% | 8h | 0.2460 | long leg | $61.8M | $61.0M | 300x | |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2461 | +0.033% | $29.7M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2460 | 0.000% | $66.0M | $49.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2461 | +0.041% | — | $20.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2463 | +0.110% | $131K | $443K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | +0.285% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2469 | +0.356% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2470 | +0.407% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2475 | +0.610% | $228K | $737K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2462 | +0.102% | $94K | $680K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2463 | +0.122% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2464 | +0.176% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2463 | +0.122% | $8K | $743K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2463 | +0.122% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2464 | +0.149% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2464 | +0.163% | $48.0M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2460 | −0.007% | $533K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2466 | +0.249% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADA | +0.0127% | 1h | 0.2463 | +0.118% | $43.1M | $14.6M | 10x | as long as short |
| Lighter ADA | +0.0136% | 1h | 0.2465 | +0.187% | $2.4M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2477 | +0.699% | $4K | $90K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2468 | +0.325% | $4.5M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0261% | 1h | 0.2463 | +0.105% | $6.3M | $12.8M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2463 | +0.120% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0484% / S −0.0279% | 1h | 0.2463 | +0.142% | $108K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.1415% | 1h | 0.2467 | +0.285% | $591K | $451K | 50x | as long as short |
Gate ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
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
Hyperliquid ADA
Lighter ADA
Phoenix ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL