ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.046%

Price spread now: GMX against Polymarket Perps−0.019%7-day average +0.019% · you buy dearer than you sell

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.145%+$14 on $10k

Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.019%, 7d avg +0.019%

Together, before fees+0.291%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.038% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ADA-USD	0.2465	0.0100	pay 0.0013% / 1h	29m 35s	$94K	$645K	10x
Short	GMX ADA/USD [WBTC.b-USDC]	0.2465	L +0.0626% / S −0.0393%	get 0.0049% / 1h	29m 35s	$142K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Polymarket Perps. 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 Polymarket PerpsbpFee GMXbpOrdersPrice spread, now −0.019%Rate

Funding earned: $61.49
Price spread: −0.019% → +0.019%: −$3.81
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $37.69
Costs to cover: 0.200%
Break-even: 2.7 days

Slippage unknown: Polymarket Perps: live order book, 43 min ago; GMX: 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 Polymarket Perps live order book, 43 min ago	2.46 bp	7.3 bp −$7	8.6 bp −$86	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	0.2465	−0.036%	$203K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2468	+0.101%	$184K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2465	0.000%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.223%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2464	−0.061%	$420K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2466	+0.015%	$6.2M	$11.7M	50x	as long as short
Phoenix ADA	+0.0098%	1h	0.2467	+0.045%	$4K	$84K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2466	+0.032%	$1.2M	$946K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2466	+0.030%	$161K	$148K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2466	+0.001%	$102.8M	$365.3M	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	0.2465	−0.020%	$72.4M	$104.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2466	+0.020%	$32.6M	$107.1M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2465	−0.020%	$98.1M	$58.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2464	−0.061%	$52.8M	$51.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2465	−0.008%	$30.2M	$17.8M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2466	+0.020%	$66.0M	$44.1M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2466	+0.020%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2467	+0.057%	$119K	$410K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2470	+0.187%	$4.2M	$942K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2471	+0.206%	$66K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2472	+0.254%	$290K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2466	+0.020%	$56K	$583K	50x	as long as short
Polymarket Perps ADA-USDlong	+0.0100%	1h	0.2465	long leg	$94K	$645K	10x
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2466	+0.020%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2466	+0.034%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2469	+0.141%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2467	+0.041%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2466	+0.027%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2465	−0.020%	$48.1M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0102%	8h	0.2465	−0.002%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2465	−0.021%	$546K	$1.8M	50x	as long as short
Lighter ADA	+0.0112%	1h	0.2467	+0.065%	$2.5M	$1.1M	10x	as long as short
Hyperliquid ADA	+0.0164%	1h	0.2468	+0.110%	$43.1M	$14.5M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2472	+0.264%	$4.4M	$5.5M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0277%	1h	0.2467	+0.045%	$496K	$434K	50x	as long as short
Reya ADARUSDPERP	+0.0283%	1h	0.2466	+0.001%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]short	L +0.0626% / S −0.0393%	1h	0.2465	−0.019%	$142K	—	100x