Funding you earn now, next payment 04:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.065%
Price spread now: Coinbase International against Reya−0.101%7-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 −$6 a day on $10k at the current rate, and Coinbase International is 0.101% cheaper against Reya than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ADARUSDPERP | 0.2478 | 0.0277 | pay 0.0035% / 1h | 20m 09s | $1K | — | 15x |
| Short | Coinbase International ADA-PERP-INTX | 0.2475 | 0.0080 | get 0.0010% / 1h | 20m 09s | $390K | $8.2M | 50x |
Reya ADARUSDPERP
Coinbase International ADA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$41.35
- Price spread: −0.101% → 0.000%
- −$10.1
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$67.45
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago | 4.02 bp | 10.7 bp −$11 | 18.3 bp −$183 | doesn't fit | doesn't fit |
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 | 0.2475 | −0.119% | $204K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2474 | −0.141% | $145K | $6.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2477 | −0.006% | $85K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0026% | 1h | 0.2478 | +0.029% | $6.3M | $13.2M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.262% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTXshort | +0.0080% | 1h | 0.2475 | −0.101% | $390K | $8.2M | 50x | |
| Lighter ADA | +0.0096% | 1h | 0.2478 | +0.020% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2475 | −0.098% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2475 | −0.107% | $159K | $169K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2475 | −0.116% | $105.3M | $386.9M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2474 | −0.141% | $74.6M | $114.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2476 | −0.061% | $33.2M | $111.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2474 | −0.141% | $100.5M | $61.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2474 | −0.141% | $59.7M | $62.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2478 | +0.004% | $29.7M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2474 | −0.141% | $67.4M | $51.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2474 | −0.141% | — | $6.6M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2477 | −0.018% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2486 | +0.362% | $66K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2486 | +0.343% | $301K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2486 | +0.343% | $229K | $755K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2478 | +0.004% | $93K | $630K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2478 | +0.020% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2479 | +0.057% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2479 | +0.058% | $8K | $741K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2478 | +0.040% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2477 | −0.040% | $1.3M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2479 | +0.060% | $48.3M | $7.0M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2478 | +0.033% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2478 | +0.013% | $538K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2492 | +0.597% | $4K | $95K | 10x | as long as short |
| Backpack ADA_USDC_PERP | +0.0209% | 1h | 0.2475 | −0.089% | $128K | $469K | 15x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2479 | +0.060% | $4.6M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERPlong | +0.0277% | 1h | 0.2478 | long leg | $1K | — | 15x | |
| Hyperliquid ADA | +0.0377% | 1h | 0.2475 | −0.081% | $44.1M | $16.2M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0557% | 1h | 0.2480 | +0.085% | $610K | $533K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0620% / S −0.0580% | 1h | 0.2477 | −0.022% | $139K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
Backpack ADA_USDC_PERP
BloFin ADA-USDT
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]