Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Pacifica−0.028%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.028%, 7d avg −0.022%
=Together, before fees−0.060%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ADA | 0.2440 | 0.0100 | pay 0.0013% / 1h | 17m 46s | $156K | $176K | 10x |
| Short | Bybit ADAUSDT | 0.2439 | 0.0100 | get 0.0100% / 8h | 2h 17m | $71.7M | $123.5M | 75x |
Pacifica ADA
Bybit ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. 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: −0.028% → −0.022%
- −$0.63
- Slippage, 4 orders
- −$14.28
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.91
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 30 min ago; Bybit: live order book, 1 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 Pacifica live order book, 30 min ago | 2.63 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.05 bp | 8.4 bp −$8 | 12.5 bp −$125 | 36.7 bp −$3,670 | 146.0 bp −$73.0K |
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 | 0.2441 | +0.054% | $190K | $7.5M | 3.2x | as long as short |
| dYdX ADA-USD | +0.0002% | 1h | 0.2438 | −0.078% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2439 | −0.008% | $83K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2441 | +0.065% | $6.3M | $13.7M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2429 | −0.417% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.284% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2440 | +0.017% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2439 | −0.023% | $42.0M | $17.5M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2440 | +0.013% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADAlong | +0.0100% | 1h | 0.2440 | long leg | $156K | $176K | 10x |
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 ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2440 | −0.003% | $102.7M | $407.5M | 75x | as long as short |
| Bybit ADAUSDTshort | +0.0100% | 8h | 0.2439 | −0.028% | $71.7M | $123.5M | 75x | |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2441 | +0.054% | $32.4M | $117.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2437 | −0.110% | $98.7M | $64.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2440 | +0.013% | $52.4M | $65.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2439 | −0.032% | $29.2M | $15.7M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2440 | +0.013% | $66.3M | $53.0M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2438 | −0.069% | — | $20.2M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2441 | +0.050% | $126K | $476K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2427 | −0.517% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2430 | −0.382% | $65K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2419 | −0.850% | $284K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2420 | −0.807% | $84K | $887K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2439 | −0.011% | $122K | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2440 | +0.013% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2441 | +0.071% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2443 | +0.134% | $8K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2442 | +0.075% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2439 | −0.045% | $1.3M | $6.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2440 | +0.013% | $47.4M | $7.4M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2441 | +0.039% | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2438 | −0.074% | $521K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2438 | −0.069% | $380K | $8.5M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2438 | −0.069% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2441 | +0.055% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0529% | 1h | 0.2442 | +0.107% | $608K | $597K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0640% / S −0.0714% | 1h | 0.2440 | +0.010% | $161K | — | 100x | as long as short |
Binance ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC 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
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]