Funding you earn now, next payment 22:00 UTC+0.0237%/8h= +25.9% APRnext payment +$0.30 per $10,000 · paid last 24h +0.002%
Price spread now: Kraken Futures against Pacifica+0.049%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now +0.049%, 7d avg −0.001%
=Together, before fees+0.075%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.050% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ADA | 0.2450 | 0.0100 | pay 0.0013% / 1h | 3m 16s | $157K | $147K | 10x |
| Short | Kraken Futures PF_ADAUSD | 0.2451 | 0.0337 | get 0.0042% / 1h | 3m 16s | $6.2M | $11.4M | 50x |
Pacifica ADA
Kraken Futures PF_ADAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $49.7
- Price spread: +0.049% → −0.001%
- $5.04
- Slippage, 4 orders
- −$19.82
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $16.93
- Costs to cover
- 0.378%
- Break-even
- 4.6 days
Slippage from Pacifica: live order book, 19 min ago; Kraken Futures: 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, 19 min ago | 3.45 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 2.04 bp | 11.0 bp −$11 | 13.8 bp −$138 | 50.9 bp −$5,093 | 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 | 0.2448 | −0.071% | $201K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2451 | +0.037% | $153K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2451 | +0.026% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2454 | +0.159% | $407K | $7.2M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0076% | 1h | 0.2452 | +0.094% | $476K | $353K | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2453 | +0.110% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2451 | +0.029% | $42.5M | $14.6M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2451 | +0.037% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADAlong | +0.0100% | 1h | 0.2450 | long leg | $157K | $147K | 10x | |
| Binance ADAUSDT | +0.0100% | 8h | 0.2452 | +0.067% | $101.6M | $355.8M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Deribit ADA_USDC-PERPETUAL
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2451 | +0.037% | $70.5M | $99.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2451 | +0.037% | $31.8M | $105.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2449 | −0.045% | $96.5M | $58.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2450 | −0.004% | $52.6M | $56.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2451 | +0.053% | $30.3M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2451 | +0.037% | $65.6M | $42.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2451 | +0.037% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2452 | +0.090% | $101K | $413K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2444 | −0.233% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2445 | −0.190% | $65K | $280K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2445 | −0.224% | $295K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2444 | −0.249% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2450 | −0.012% | $96K | $624K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2451 | +0.037% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2452 | +0.061% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2452 | +0.076% | $9K | $758K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2451 | +0.037% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2451 | +0.040% | $1.3M | $5.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2451 | +0.037% | $47.8M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2451 | +0.036% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2451 | +0.045% | $556K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2446 | −0.151% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2449 | −0.045% | $4.4M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0286% | 1h | 0.2450 | +0.008% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0337% | 1h | 0.2451 | +0.049% | $6.2M | $11.4M | 50x | |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0504% / S −0.0263% | 1h | 0.2451 | +0.023% | $110K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2445 | −0.208% | $840 | $168K | 12x | as long as short |
Bybit 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
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERP