Settings8H · net · $10k
Funding arb · Price arb /

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica+0.133%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.133%, 7d avg −0.042%
Together, before fees−0.280%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$28 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: Extended is 0.175% dearer against Pacifica than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ADA0.24560.0100pay 0.0013% / 1h53m 10s$157K$181K10x
ShortExtended ADA-USD0.24590.0104get 0.0013% / 1h53m 10s$506K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.133% → −0.042%
$17.51
Slippage, 4 orders
−$13.79
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$8.43
Costs to cover
0.268%
Break-even
77.3 days
Slippage from Pacifica: live order book, 45 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 45 min ago3.07 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago2.04 bp4.5 bp −$57.6 bp −$76doesn't fitdoesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2455−0.028%$202K$2K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2453−0.113%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.607%$849$202K12xas long as short
Aster ADAUSDT+0.0100%8h0.2460+0.176%$1.2M$1.2M75xas long as short
Pacifica ADAlong+0.0100%1h0.2456long leg$157K$181K10x
Binance ADAUSDT+0.0100%8h0.2461+0.200%$104.1M$407.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2460+0.159%$73.4M$127.2M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2460+0.159%$32.8M$119.4M50xas long as short
Gate ADA_USDT+0.0100%8h0.2458+0.077%$100.8M$61.9M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2459+0.118%$54.3M$66.6M300xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ADAUSDTM+0.0100%8h0.2457+0.029%$29.5M$16.0M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2459+0.118%$66.7M$54.1M75xas long as short
BingX ADA-USDT+0.0100%8h0.2459+0.118%$20.3Mas long as short
Variational Omni ADA+0.0100%8h0.2455−0.041%$4.2M$1.1Mas long as short
edgeX ADAUSDC+0.0100%4h0.2452−0.172%$65K$287K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2450−0.257%$292K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2450−0.248%$75K$896K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2459+0.098%$117K$1.4M10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2460+0.159%$6K$5K20xas long as short
Derive ADA-PERP+0.0100%1h0.2462+0.244%$40K$4K5xas long as short
SunX ADA-USDT+0.0100%8h0.2460+0.167%$8K$754K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2460+0.138%$338$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2461+0.212%$1.3M$7.2M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2460+0.159%$47.6M$7.6M50xas long as short
Kalshi KXADAPERP+0.0102%8h0.2457+0.037%$212K$7.8M3.2xas long as short
Extended ADA-USDshort+0.0104%1h0.2459+0.133%$506K$1.8M50x
Paradex ADA-USD-PERP+0.0104%8h0.2457+0.049%$21K$25020xas long as short
Lighter ADA+0.0128%1h0.2462+0.220%$2.4M$996K10xas long as short
Coinbase International ADA-PERP-INTX+0.0152%1h0.2453−0.126%$365K$8.5M50xas long as short
Phoenix ADA+0.0163%1h0.2456−0.012%$2K$113K10xas long as short
Backpack ADA_USDC_PERP+0.0172%1h0.2455−0.033%$141K$486K15xas long as short
Kraken Futures PF_ADAUSD+0.0198%1h0.2460+0.179%$6.4M$14.1M50xas long as short
BloFin ADA-USDT+0.0220%8h0.2459+0.118%$4.5M$5.9M75xas long as short
Reya ADARUSDPERP+0.0272%1h0.2460+0.139%$1K15xas long as short
Hyperliquid ADA+0.0361%1h0.2462+0.224%$43.6M$18.3M10xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0370% / S −0.0295%1h0.2458+0.077%$87K100xas long as short
Deribit ADA_USDC-PERPETUAL+0.0645%1h0.2461+0.200%$638K$739K50xas long as short