ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h −0.013%

Price spread now: Coinbase International against Pacifica−0.138%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.138%, 7d avg −0.033%

Together, before fees+0.056%+ Points / potential airdropPacifica: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.106% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ADA	0.2455	0.0100	pay 0.0013% / 1h	22m 36s	$157K	$147K	10x
Short	Coinbase International ADA-PERP-INTX	0.2452	0.0056	get 0.0007% / 1h	22m 36s	$411K	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee Coinbase InternationalbpOrdersPrice spread, now −0.138%Rate

Funding earned: −$9.24
Price spread: −0.138% → −0.033%: −$10.58
Slippage, 4 orders: −$20.45
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$58.27
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Pacifica: live order book, 65 min ago; Coinbase International: live order book, 6 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, 65 min ago	3.44 bp	9.4 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	4.09 bp	9.1 bp −$9	16.2 bp −$162	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
dYdX ADA-USD	0.0000%	1h	0.2454	−0.051%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2454	−0.057%	$153K	$5.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2455	−0.029%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTXshort	+0.0056%	1h	0.2452	−0.138%	$411K	$7.2M	50x
Lighter ADA	+0.0096%	1h	0.2457	+0.053%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2456	+0.024%	$42.6M	$14.5M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2455	+0.001%	$1.2M	$1.0M	75x	as long as short
Pacifica ADAlong	+0.0100%	1h	0.2455	long leg	$157K	$147K	10x
Binance ADAUSDT	+0.0100%	8h	0.2460	+0.187%	$101.6M	$354.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2461	+0.228%	$70.8M	$99.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2463	+0.310%	$31.9M	$105.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2454	−0.057%	$97.0M	$57.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2457	+0.065%	$52.7M	$56.6M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2455	−0.029%	$30.3M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2457	+0.065%	$65.8M	$42.7M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2457	+0.065%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2455	+0.004%	$101K	$409K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2456	+0.041%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2454	−0.061%	$65K	$278K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2453	−0.099%	$289K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2454	−0.057%	$55K	$579K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2455	−0.012%	$97K	$624K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2455	−0.016%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2455	−0.004%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2456	+0.025%	$9K	$756K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2455	+0.004%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2455	−0.020%	$1.3M	$5.0M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2454	−0.057%	$47.9M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2456	+0.015%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2457	+0.074%	$558K	$1.8M	50x	as long as short
Phoenix ADA	+0.0195%	1h	0.2455	−0.008%	$4K	$82K	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0198%	1h	0.2456	+0.029%	$477K	$353K	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2457	+0.065%	$4.4M	$5.4M	75x	as long as short
Reya ADARUSDPERP	+0.0286%	1h	0.2455	−0.004%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0336%	1h	0.2455	−0.005%	$6.2M	$11.4M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0504% / S −0.0263%	1h	0.2454	−0.043%	$110K	—	100x	as long as short
Injective ADA/USDC PERP	+0.0533%	1h	0.2440	−0.627%	$838	$131K	12x	as long as short