Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.021%
Price spread now: BloFin against Reya−0.284%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.284% cheaper against Reya than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Reya ADARUSDPERP | 0.2459 | 0.0274 | pay 0.0034% / 1h | 20m 30s | $1K | — | 15x |
| Short | BloFin ADA-USDT | 0.2452 | 0.0220 | get 0.0220% / 8h | 1h 20m | $4.4M | $5.9M | 75x |
Reya ADARUSDPERP
BloFin ADA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. 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
- −$11.38
- Price spread: −0.284% → 0.000%
- −$28.42
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$57.8
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 4.08 bp | 10.1 bp −$10 | 10.1 bp −$101 | 17.9 bp −$1,791 | 47.9 bp −$24.0K |
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 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2452 | −0.284% | $197K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | −0.226% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.488% | $849 | $202K | 12x | as long as short |
| dYdX ADA-USD | +0.0044% | 1h | 0.2460 | +0.023% | $202K | $2K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2454 | −0.203% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2459 | −0.002% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2457 | −0.090% | $157K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2458 | −0.040% | $103.4M | $408.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2458 | −0.040% | $73.1M | $124.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2460 | +0.041% | $32.7M | $118.6M | 50x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
dYdX ADA-USD
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2455 | −0.162% | $100.5M | $64.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2459 | 0.000% | $52.7M | $65.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2460 | +0.041% | $29.7M | $15.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2459 | 0.000% | $67.0M | $53.6M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2458 | −0.040% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.241% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2452 | −0.303% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2450 | −0.365% | $292K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2452 | −0.284% | $80K | $892K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2460 | +0.021% | $127K | $1.3M | 10x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2456 | −0.122% | $8K | $759K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2455 | −0.183% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.189% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2453 | −0.244% | $47.6M | $7.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2457 | −0.085% | $514K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0108% | 8h | 0.2457 | −0.065% | $21K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0120% | 1h | 0.2451 | −0.325% | $382K | $8.5M | 50x | as long as short |
| Lighter ADA | +0.0144% | 1h | 0.2458 | −0.032% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2453 | −0.248% | $4K | $111K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0170% | 1h | 0.2454 | −0.194% | $6.3M | $13.8M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0180% | 1h | 0.2455 | −0.154% | $139K | $483K | 15x | as long as short |
| BloFin ADA-USDTshort | +0.0220% | 8h | 0.2452 | −0.284% | $4.4M | $5.9M | 75x | |
| Reya ADARUSDPERPlong | +0.0274% | 1h | 0.2459 | long leg | $1K | — | 15x | |
| Hyperliquid ADA | +0.0311% | 1h | 0.2462 | +0.110% | $43.2M | $18.1M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0606% | 1h | 0.2455 | −0.146% | $627K | $616K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0632% / S −0.0728% | 1h | 0.2453 | −0.238% | $165K | — | 100x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Phoenix ADA
Kraken Futures PF_ADAUSD
Backpack ADA_USDC_PERP
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]