ADA

Alert

Funding spread now, next payment 15:00 UTC−0.0034%/8h

paid, last 24h−0.026%paid, last 5 days−0.146%to open and close $10k−$47

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ADAUSDT	0.2454	0.0100	pay 0.0100% / 8h	7h 58m	$47.9M	$5.9M	50x
Short	Phoenix ADA	0.2450	0.0066	get 0.0008% / 1h	58m 16s	$4K	$102K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee PhoenixbpOrdersRate

Funding earned: −$7.24
Slippage, 4 orders: −$27.79
Fee Phemex: 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$54.03
Break-even: never at this rate

Slippage from Phemex: live order book, 2 min ago; Phoenix: live order book, 39 min ago.

Price risk

price view

Price gap now: −0.179%
Avg gap 7d: +0.030%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Phemex live order book, 2 min ago	2.04 bp	12.3 bp −$12	22.4 bp −$224	51.4 bp −$5,136	doesn't fit
Sell Phoenix live order book, 39 min ago	0.82 bp	13.2 bp −$13	44.7 bp −$447	doesn't fit	doesn't fit

ADA on 36 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	$203K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	$99K	$5.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	$89K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	$832	$124K	12x	as long as short
Phoenix ADAshort	+0.0066%	1h	$4K	$102K	10x
Gate ADA_USDT	+0.0074%	8h	$95.4M	$55.4M	75x	as long as short
Lighter ADA	+0.0096%	1h	$2.3M	$982K	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	$42.2M	$16.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	$1.1M	$1.3M	75x	as long as short
Pacifica ADA	+0.0100%	1h	$161K	$180K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	$102.0M	$367.0M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	$71.6M	$112.0M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	$32.1M	$109.0M	50x	as long as short
MEXC ADA_USDT	+0.0100%	8h	$51.8M	$62.4M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	$30.0M	$21.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	$64.6M	$47.0M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	$103K	$432K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	$65K	$278K	20x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	$228K	$451K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	$94K	$735K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	$9K	$808K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	$1.3M	$5.2M	75x	as long as short
Phemex ADAUSDTlong	+0.0100%	8h	$47.9M	$5.9M	50x
Paradex ADA-USD-PERP	+0.0100%	8h	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	$606K	$1.7M	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0112%	1h	$445K	$6.9M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0139%	1h	$6.0M	$11.3M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	$4.5M	$6.3M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0280%	1h	$471K	$423K	50x	as long as short
Reya ADARUSDPERP	+0.0294%	1h	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0535% / S −0.0286%	1h	$115K	—	100x	as long as short