Funding you earn now, next payment 03:00 UTC+0.0337%/8h= +36.9% APRnext payment +$0.42 per $10,000 · paid last 24h +0.066%
Price spread now: Deribit against SoDEX+0.077%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.077% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ADA-USD | 0.2474 | 0.0100 | pay 0.0013% / 1h | 29m 14s | $340 | $13K | 10x |
| Short | Deribit ADA_USDC-PERPETUAL | 0.2476 | 0.0437 | get 0.0055% / 1h | 29m 14s | $583K | $469K | 50x |
SoDEX ADA-USD
Deribit ADA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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
- $70.77
- Price spread: +0.077% → 0.000%
- $7.68
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $63.45
- Costs to cover
- 0.150%
- Break-even
- 0.7 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 35 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 35 min ago | 1.63 bp | 6.6 bp −$7 | 15.3 bp −$153 | doesn't fit | doesn't fit |
SoDEX: 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 | 0.2479 | +0.202% | $204K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2477 | +0.117% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.137% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2477 | +0.105% | $421K | $7.6M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2481 | +0.255% | $43.2M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2479 | +0.183% | $1.2M | $993K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2481 | +0.275% | $159K | $161K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2474 | −0.016% | $104.7M | $371.5M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2473 | −0.057% | $72.6M | $109.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2474 | −0.016% | $33.0M | $106.4M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2478 | +0.145% | $99.2M | $59.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2473 | −0.057% | $56.0M | $57.5M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2479 | +0.182% | $29.9M | $16.5M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2475 | +0.024% | $66.4M | $48.5M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2479 | +0.186% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2479 | +0.194% | $128K | $424K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2478 | +0.145% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2477 | +0.100% | $66K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2479 | +0.173% | $297K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2478 | +0.145% | $229K | $734K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2480 | +0.210% | $96K | $676K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2475 | +0.024% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2476 | +0.073% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2481 | +0.266% | $9K | $748K | 30x | as long as short |
| SoDEX ADA-USDlong | +0.0100% | 1h | 0.2474 | long leg | $340 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2477 | +0.099% | $1.3M | $6.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2474 | −0.016% | $48.1M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2475 | +0.037% | $537K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0107% | 8h | 0.2478 | +0.145% | $148K | $6.3M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2481 | +0.278% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2480 | +0.242% | $4K | $90K | 10x | as long as short |
| Lighter ADA | +0.0208% | 1h | 0.2476 | +0.053% | $2.5M | $1.0M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2479 | +0.186% | $4.5M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0260% | 1h | 0.2473 | −0.056% | $6.3M | $12.5M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2479 | +0.205% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0418% / S −0.0202% | 1h | 0.2477 | +0.113% | $96K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUALshort | +0.0437% | 1h | 0.2476 | +0.077% | $583K | $469K | 50x |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
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
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]