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 SoDEX−0.068%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on GMX

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—needs both histories

Funding pays, the price is against you. GMX is 0.068% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 18 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	SoDEX ADA-USD	0.2457	0.0100	pay 0.0013% / 1h	2m 49s	$338	$13K	10x
Short	GMX ADA/USD [WBTC.b-USDC]	0.2455	L +0.0627% / S −0.0393%	get 0.0049% / 1h	2m 49s	$141K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.068%Rate

Funding earned: $61.49
Price spread: −0.068% → 0.000%: −$6.76
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $34.73
Costs to cover: 0.200%
Break-even: 3.0 days

Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

SoDEX and 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	0.2456	−0.045%	$202K	$4K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2455	−0.050%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.582%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2456	−0.028%	$451K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2455	−0.070%	$6.2M	$11.9M	50x	as long as short
Phoenix ADA	+0.0098%	1h	0.2470	+0.558%	$4K	$84K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	−0.030%	$1.2M	$961K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2458	+0.045%	$158K	$150K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2463	+0.248%	$102.7M	$369.9M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2461	+0.175%	$72.4M	$106.3M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2462	+0.216%	$32.6M	$107.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2462	+0.216%	$99.0M	$60.5M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2462	+0.216%	$52.2M	$52.7M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2463	+0.273%	$30.3M	$17.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2461	+0.175%	$66.4M	$45.3M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2463	+0.256%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2455	−0.057%	$135K	$418K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	+0.421%	$4.2M	$966K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2479	+0.892%	$66K	$282K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2470	+0.524%	$288K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2470	+0.541%	$56K	$585K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2455	−0.049%	$93K	$652K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2457	+0.012%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2458	+0.047%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2458	+0.055%	$9K	$766K	30x	as long as short
SoDEX ADA-USDlong	+0.0100%	1h	0.2457	long leg	$338	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2456	−0.042%	$1.3M	$5.6M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2454	−0.110%	$47.8M	$6.2M	50x	as long as short
Kalshi KXADAPERP	+0.0101%	8h	0.2465	+0.338%	$199K	$6.2M	3.2x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2457	+0.010%	$536K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0105%	8h	0.2457	+0.025%	$21K	$250	20x	as long as short
Lighter ADA	+0.0168%	1h	0.2456	−0.028%	$2.4M	$1.1M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0198%	1h	0.2457	+0.033%	$491K	$461K	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2455	−0.069%	$4.4M	$5.6M	75x	as long as short
Hyperliquid ADA	+0.0237%	1h	0.2463	+0.244%	$43.0M	$14.2M	10x	as long as short
Reya ADARUSDPERP	+0.0282%	1h	0.2457	+0.012%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]short	L +0.0627% / S −0.0393%	1h	0.2455	−0.068%	$141K	—	100x