Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Paradex+0.130%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SunX is 0.130% dearer against Paradex than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2500 | 0.0114 | pay 0.0114% / 8h | 3h 46m | $21K | $250 | 20x |
| Short | SunX ADA-USDT | 0.2503 | 0.0100 | get 0.0100% / 8h | 3h 46m | $8K | $735K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Paradex. 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
- −$2.94
- Price spread: +0.130% → 0.000%
- $13.05
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$1.89
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 35 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 35 min ago | 20.78 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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 | 0.2502 | +0.077% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2505 | +0.213% | $173K | $6.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2505 | +0.233% | $86K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2502 | +0.093% | $6.4M | $12.8M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.147% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2506 | +0.253% | $428K | $8.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2503 | +0.145% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2504 | +0.165% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2502 | +0.089% | $161K | $168K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2501 | +0.045% | $106.1M | $380.0M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2501 | +0.053% | $73.9M | $111.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2503 | +0.133% | $33.4M | $110.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2498 | −0.067% | $101.9M | $60.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2499 | −0.027% | $60.8M | $60.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2500 | +0.029% | $30.0M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2498 | −0.067% | $67.9M | $50.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2499 | −0.027% | — | $20.2M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2514 | +0.576% | $4.4M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2501 | +0.067% | $66K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2499 | −0.036% | $301K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2495 | −0.187% | $230K | $750K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2505 | +0.205% | $96K | $639K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2504 | +0.173% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2505 | +0.207% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDTshort | +0.0100% | 8h | 0.2503 | +0.130% | $8K | $735K | 30x | |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2502 | +0.093% | $344 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2502 | +0.079% | $1.4M | $6.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2501 | +0.053% | $48.8M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2498 | −0.075% | $543K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPlong | +0.0114% | 8h | 0.2500 | long leg | $21K | $250 | 20x | |
| Phoenix ADA | +0.0161% | 1h | 0.2510 | +0.393% | $4K | $95K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0189% | 1h | 0.2504 | +0.173% | $621K | $510K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2503 | +0.133% | $4.5M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0277% | 1h | 0.2504 | +0.173% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0342% | 1h | 0.2501 | +0.061% | $141K | $459K | 15x | as long as short |
| Hyperliquid ADA | +0.0528% | 1h | 0.2506 | +0.241% | $44.8M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0600% / S −0.0547% | 1h | 0.2504 | +0.184% | $135K | — | 100x | as long as short |
Paradex ADA-USD-PERP
SunX ADA-USDT
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Phoenix ADA
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]