ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.058%

Price spread now: Reya against Pacifica+0.135%48s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Reya is 0.135% dearer against Pacifica than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ADA	0.2420	0.0100	pay 0.0013% / 1h	31m 39s	$155K	$170K	10x
Short	Reya ADARUSDPERP	0.2424	0.0276	get 0.0034% / 1h	31m 39s	$1K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.135%Rate

Funding earned: $36.92
Price spread: +0.135% → 0.000%: $13.46
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $36.38
Costs to cover: 0.140%
Break-even: 0.1 days

Slippage unknown: Pacifica: live order book, 16 min ago; Reya: no order-book sample. 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 Pacifica live order book, 16 min ago	2.63 bp	7.9 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
dYdX ADA-USD	0.0000%	1h	0.2420	−0.028%	$199K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2421	+0.030%	$181K	$7.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2424	+0.170%	$83K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0020%	1h	0.2416	−0.174%	$6.2M	$13.5M	50x	as long as short
Phoenix ADA	+0.0032%	1h	0.2444	+0.984%	$4K	$105K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+2.096%	$849	$202K	12x	as long as short
Lighter ADA	+0.0096%	1h	0.2421	+0.030%	$2.4M	$1.0M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2419	−0.045%	$41.7M	$17.2M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2420	+0.007%	$1.2M	$1.1M	75x	as long as short
Pacifica ADAlong	+0.0100%	1h	0.2420	long leg	$155K	$170K	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2421	+0.012%	$102.2M	$402.9M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2420	−0.012%	$71.2M	$121.7M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2421	+0.030%	$32.0M	$113.9M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2420	−0.012%	$98.0M	$63.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2420	−0.012%	$53.6M	$64.6M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2419	−0.045%	$28.9M	$15.6M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2420	−0.012%	$65.9M	$52.8M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2421	+0.030%	—	$20.1M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2420	+0.001%	$112K	$468K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2440	+0.820%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2445	+1.014%	$65K	$286K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2442	+0.889%	$291K	$4.0M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2445	+1.021%	$198K	$780K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2425	+0.203%	$126K	$874K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2420	−0.012%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2420	+0.003%	$39K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2418	−0.095%	$8K	$758K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2417	−0.115%	$333	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2420	−0.008%	$1.3M	$6.8M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2419	−0.053%	$47.1M	$7.0M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2421	+0.019%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2421	+0.023%	$526K	$1.8M	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0104%	1h	0.2417	−0.136%	$383K	$8.2M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0164%	1h	0.2418	−0.094%	$596K	$552K	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2423	+0.112%	$4.5M	$5.8M	75x	as long as short
Reya ADARUSDPERPshort	+0.0276%	1h	0.2424	+0.135%	$1K	—	15x
GMX ADA/USD [WBTC.b-USDC]	L +0.0642% / S −0.0618%	1h	0.2424	+0.146%	$143K	—	100x	as long as short