ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against SunX+0.093%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$680.681% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.093%, 7d avg +0.002%

Together, before fees+0.159%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.092% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ADA-USDT	0.2452	0.0100	pay 0.0100% / 8h	7h 35m	$8K	$751K	30x
Short	BloFin ADA-USDT	0.2454	0.0220	get 0.0220% / 8h	7h 35m	$4.5M	$5.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now +0.093%Rate

Funding earned: $25.2
Price spread: +0.093% → +0.002%: $9.18
Slippage, 4 orders: −$48.14
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$33.76
Costs to cover: 0.681%
Break-even: 16.4 days

Slippage from SunX: live order book, 7 min ago; BloFin: live order book, 3 min ago.

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 SunX live order book, 7 min ago	20.81 bp	24.8 bp −$25	31.7 bp −$317	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	2.04 bp	8.0 bp −$8	17.1 bp −$171	32.4 bp −$3,243	68.2 bp −$34.1K

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
Kalshi KXADAPERP	0.0000%	8h	0.2451	−0.029%	$196K	$7.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2450	−0.054%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.787%	$849	$202K	12x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2451	−0.032%	$1.2M	$1.2M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2452	−0.005%	$157K	$181K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2451	−0.043%	$103.6M	$406.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2450	−0.070%	$73.0M	$127.0M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2450	−0.070%	$32.6M	$118.2M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2450	−0.070%	$100.2M	$62.0M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2450	−0.070%	$58.7M	$67.9M	300x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ADAUSDTM	+0.0100%	8h	0.2451	−0.029%	$29.4M	$15.9M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2451	−0.029%	$66.6M	$53.9M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2451	−0.029%	—	$6.6M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2453	+0.049%	$138K	$484K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2452	+0.016%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2454	+0.101%	$65K	$288K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2454	+0.093%	$291K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2459	+0.297%	$75K	$895K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2452	−0.009%	$116K	$1.4M	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2450	−0.070%	$6K	$5K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2454	+0.074%	$40K	$4K	5x	as long as short
SunX ADA-USDTlong	+0.0100%	8h	0.2452	long leg	$8K	$751K	30x
SoDEX ADA-USD	+0.0100%	1h	0.2450	−0.090%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2451	−0.047%	$1.3M	$7.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2450	−0.070%	$47.4M	$7.6M	50x	as long as short
Hyperliquid ADA	+0.0102%	1h	0.2452	+0.008%	$43.1M	$18.5M	10x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2449	−0.116%	$544K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0104%	8h	0.2452	−0.002%	$21K	—	20x	as long as short
Lighter ADA	+0.0152%	1h	0.2451	−0.033%	$2.4M	$1.1M	10x	as long as short
Coinbase International ADA-PERP-INTX	+0.0152%	1h	0.2454	+0.093%	$367K	$8.5M	50x	as long as short
Phoenix ADA	+0.0163%	1h	0.2452	+0.016%	$3K	$113K	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0199%	1h	0.2450	−0.070%	$6.3M	$14.0M	50x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2454	+0.093%	$4.5M	$5.8M	75x
Reya ADARUSDPERP	+0.0272%	1h	0.2449	−0.110%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0322%	1h	0.2451	−0.041%	$636K	$739K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0369% / S −0.0295%	1h	0.2449	−0.112%	$87K	—	100x	as long as short
dYdX ADA-USD	+0.0663%	1h	0.2452	−0.008%	$202K	$2K	10x	as long as short