Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against SoDEX+0.098%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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.098% dearer against SoDEX than usual: you sell high and buy low: +$10 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 | 0.2455 | 0.0100 | pay 0.0013% / 1h | 1m 49s | $338 | $13K | 10x |
| Short | Lighter ADA | 0.2457 | 0.0176 | get 0.0022% / 1h | 1m 49s | $2.4M | $1.1M | 10x |
SoDEX ADA-USD
Lighter ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $15.96
- Price spread: +0.098% → 0.000%
- $9.78
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.74
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago | 0.61 bp | 8.2 bp −$8 | 18.9 bp −$189 | 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 | 0.2457 | +0.089% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2463 | +0.346% | $200K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2456 | +0.079% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.672% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2455 | +0.020% | $439K | $7.4M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2454 | −0.008% | $6.2M | $11.9M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2470 | +0.648% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2454 | −0.020% | $1.2M | $961K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2459 | +0.164% | $158K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2457 | +0.102% | $102.2M | $371.0M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix 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 | 0.2452 | −0.102% | $71.9M | $106.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2454 | −0.020% | $32.5M | $107.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2452 | −0.102% | $98.6M | $60.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2453 | −0.061% | $51.8M | $52.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2454 | −0.016% | $30.1M | $17.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2455 | +0.020% | $66.2M | $45.4M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.061% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2455 | +0.029% | $135K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | +0.511% | $4.2M | $966K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2479 | +0.983% | $66K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2470 | +0.614% | $288K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2470 | +0.631% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2455 | +0.033% | $93K | $652K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2456 | +0.061% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2458 | +0.140% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.022% | $9K | $768K | 30x | as long as short |
| SoDEX ADA-USDlong | +0.0100% | 1h | 0.2455 | long leg | $338 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.037% | $1.3M | $5.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2455 | +0.020% | $47.8M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2452 | −0.084% | $536K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2457 | +0.098% | $21K | $250 | 20x | as long as short |
| Lighter ADAshort | +0.0176% | 1h | 0.2457 | +0.098% | $2.4M | $1.1M | 10x | |
| Deribit ADA_USDC-PERPETUAL | +0.0198% | 1h | 0.2457 | +0.118% | $492K | $461K | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2455 | +0.020% | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADA | +0.0232% | 1h | 0.2457 | +0.081% | $42.9M | $14.2M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2456 | +0.041% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0627% / S −0.0393% | 1h | 0.2456 | +0.066% | $141K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Paradex ADA-USD-PERP
Deribit ADA_USDC-PERPETUAL
BloFin ADA-USDT
Hyperliquid ADA
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]