Funding you earn now, next payment 02:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h 0.000%
Price spread now: Paradex against SoDEX−0.106%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.106% cheaper against SoDEX than usual: you would sell low and buy high, −$11 on $10k if it 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 | 0.2440 | 0.0100 | pay 0.0013% / 1h | 38m 48s | $336 | $13K | 10x |
| Short | Paradex ADA-USD-PERP | 0.2438 | 0.0105 | get 0.0105% / 8h | 6h 38m | $20K | $250 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $1.02
- Price spread: −0.106% → 0.000%
- −$10.64
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$21.62
- Costs to cover
- 0.120%
- Break-even
- 155.7 days
Slippage unknown: SoDEX: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
SoDEX and Paradex: 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 | 0.2439 | −0.077% | $201K | $4K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2440 | −0.002% | $83K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.250% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2439 | −0.061% | $402K | $7.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0091% | 8h | 0.2439 | −0.061% | $97.7M | $59.2M | 75x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2441 | +0.029% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2441 | +0.039% | $42.6M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2441 | +0.012% | $1.2M | $973K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2438 | −0.083% | $158K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2441 | +0.020% | $101.9M | $377.0M | 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 | 0.2440 | −0.020% | $71.5M | $109.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2441 | +0.020% | $32.4M | $108.2M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2441 | +0.020% | $49.1M | $51.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2441 | +0.033% | $29.8M | $18.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2440 | −0.020% | $65.4M | $46.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2440 | −0.020% | — | $20.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2442 | +0.045% | $127K | $425K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2439 | −0.056% | $4.2M | $992K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2457 | +0.661% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2442 | +0.057% | $291K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2455 | +0.594% | $56K | $588K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2440 | −0.029% | $91K | $663K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2440 | −0.020% | $6K | $28K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2441 | +0.014% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2441 | +0.021% | $9K | $774K | 30x | as long as short |
| SoDEX ADA-USDlong | +0.0100% | 1h | 0.2440 | long leg | $336 | $13K | 10x | |
| HTX ADA-USDT | +0.0100% | 8h | 0.2438 | −0.088% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2441 | +0.020% | $47.5M | $6.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2440 | −0.004% | $530K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPshort | +0.0105% | 8h | 0.2438 | −0.106% | $20K | $250 | 20x | |
| Kalshi KXADAPERP | +0.0113% | 8h | 0.2439 | −0.061% | $197K | $6.2M | 3.2x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2434 | −0.287% | $4K | $87K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2459 | +0.758% | $4.4M | $5.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0281% | 1h | 0.2441 | +0.001% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0356% | 1h | 0.2440 | −0.006% | $6.2M | $12.2M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0414% / S −0.0202% | 1h | 0.2440 | −0.024% | $94K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0447% | 1h | 0.2441 | +0.025% | $499K | $472K | 50x | as long as short |
SoDEX ADA-USD
Paradex ADA-USD-PERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Gate ADA_USDT
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Derive ADA-PERP
SunX ADA-USDT
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Phoenix ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL