ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0282%/8h= −30.9% APRnext payment −$0.35 per $10,000 · paid last 24h −0.083%

Price spread now: dYdX against Reya+0.048%7-day average — · you sell dearer than you buy

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

Long on Reya Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.048% dearer against Reya than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ADARUSDPERP	0.2456	0.0282	pay 0.0035% / 1h	1m 54s	$1K	—	15x
Short	dYdX ADA-USD	0.2457	0	get 0.0000% / 1h	1m 54s	$202K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Reya. 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 ReyabpFee dYdXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$59.19
Price spread: +0.048% → 0.000%: $4.82
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$70.37
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; dYdX: live order book, 7 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 dYdX live order book, 7 min ago	75.22 bp	80.2 bp −$80	80.2 bp −$802	82.3 bp −$8,233	137.5 bp −$68.8K

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-USDshort	0.0000%	1h	0.2457	+0.048%	$202K	$4K	10x
Kalshi KXADAPERP	0.0000%	8h	0.2463	+0.305%	$200K	$6.2M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2456	+0.038%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.631%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2455	−0.021%	$439K	$7.4M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2454	−0.049%	$6.2M	$11.9M	50x	as long as short
Phoenix ADA	+0.0098%	1h	0.2470	+0.606%	$4K	$84K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	+0.009%	$1.2M	$961K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2459	+0.123%	$158K	$150K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2454	−0.062%	$102.1M	$370.7M	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	0.2453	−0.102%	$71.9M	$106.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2453	−0.102%	$32.5M	$107.3M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2454	−0.061%	$98.7M	$60.6M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2453	−0.102%	$51.8M	$52.7M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2454	−0.057%	$30.1M	$17.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2453	−0.102%	$66.2M	$45.3M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2455	−0.021%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2455	−0.013%	$135K	$418K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	+0.470%	$4.2M	$966K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2479	+0.941%	$66K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2470	+0.573%	$288K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2470	+0.590%	$56K	$585K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2455	−0.008%	$93K	$652K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2456	+0.020%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2458	+0.099%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2455	−0.019%	$9K	$768K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2455	−0.041%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2455	−0.004%	$1.3M	$5.6M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2455	−0.021%	$47.8M	$6.3M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2452	−0.125%	$536K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0105%	8h	0.2457	+0.057%	$21K	$250	20x	as long as short
Lighter ADA	+0.0176%	1h	0.2457	+0.061%	$2.4M	$1.1M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0198%	1h	0.2457	+0.077%	$492K	$461K	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2455	−0.021%	$4.4M	$5.6M	75x	as long as short
Hyperliquid ADA	+0.0232%	1h	0.2456	+0.028%	$42.9M	$14.2M	10x	as long as short
Reya ADARUSDPERPlong	+0.0282%	1h	0.2456	long leg	$1K	—	15x
GMX ADA/USD [WBTC.b-USDC]	L +0.0627% / S −0.0393%	1h	0.2456	+0.025%	$141K	—	100x	as long as short