Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against Orderly−0.282%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.282% cheaper against Orderly than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ADA_USDC | 0.2447 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $6K | $6K | 20x |
| Short | Variational Omni ADA | 0.2440 | 0.0100 | get 0.0100% / 8h | 2h 11m | $4.2M | $1.0M | — |
Orderly PERP_ADA_USDC
Variational Omni ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- Price spread: −0.282% → 0.000%
- −$28.21
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$34.21
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 2 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 8.18 bp | doesn't fit | 8.2 bp −$82 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2448 | +0.041% | $191K | $7.5M | 3.2x | as long as short |
| dYdX ADA-USD | +0.0002% | 1h | 0.2444 | −0.132% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2445 | −0.066% | $84K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2448 | +0.048% | $6.3M | $13.8M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2445 | −0.061% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.981% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2449 | +0.098% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2451 | +0.151% | $42.8M | $18.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2449 | +0.082% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2447 | −0.004% | $157K | $176K | 10x | as long as short |
Kalshi KXADAPERP
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2450 | +0.123% | $103.1M | $409.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2449 | +0.082% | $72.1M | $124.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2450 | +0.123% | $32.5M | $118.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | +0.041% | $99.6M | $65.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2449 | +0.082% | $52.4M | $65.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2449 | +0.069% | $29.3M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2449 | +0.082% | $66.5M | $53.3M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2449 | +0.082% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2449 | +0.086% | $131K | $481K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2440 | −0.282% | $4.2M | $1.0M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2443 | −0.151% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2443 | −0.156% | $287K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2445 | −0.082% | $84K | $888K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2445 | −0.074% | $120K | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDClong | +0.0100% | 8h | 0.2447 | long leg | $6K | $6K | 20x | |
| Derive ADA-PERP | +0.0100% | 1h | 0.2448 | +0.043% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2449 | +0.079% | $8K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2449 | +0.061% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2447 | +0.003% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2447 | 0.000% | $47.5M | $7.4M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0102% | 8h | 0.2447 | −0.005% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2448 | +0.054% | $524K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2446 | −0.041% | $400K | $8.6M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2443 | −0.163% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2447 | −0.020% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0630% / S −0.0728% | 1h | 0.2445 | −0.087% | $164K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0772% | 1h | 0.2449 | +0.086% | $616K | $605K | 50x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
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
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL