Funding you earn now, next payment 03:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Variational Omni−0.175%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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.175% cheaper against Variational Omni than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ADA | 0.2456 | 0.0100 | pay 0.0100% / 8h | 5h 57m | $4.2M | $991K | — |
| Short | gTrade (Gains Network) ADA/USD | 0.2452 | L +0.0005% / S −0.0003% | get 0.0000% / 1h | 57m 49s | $84K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Variational Omni. 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
- −$20.35
- Price spread: −0.175% → 0.000%
- −$17.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$47.9
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; gTrade (Gains Network): 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 Variational Omni RFQ quote, 1 min ago | 8.15 bp | doesn't fit | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 36 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 | 0.2454 | −0.104% | $202K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USDshort | L +0.0005% / S −0.0003% | 1h | 0.2452 | −0.175% | $84K | — | 150x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.608% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2452 | −0.166% | $411K | $7.4M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2452 | −0.182% | $42.7M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2451 | −0.215% | $1.2M | $982K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2454 | −0.097% | $157K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2450 | −0.228% | $102.9M | $367.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2450 | −0.247% | $72.3M | $107.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2451 | −0.206% | $32.6M | $105.7M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | −0.329% | $97.8M | $58.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2450 | −0.247% | $65.0M | $53.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2450 | −0.259% | $29.8M | $17.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2449 | −0.288% | $65.6M | $47.3M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2450 | −0.247% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2451 | −0.202% | $127K | $415K | 15x | as long as short |
| Variational Omni ADAlong | +0.0100% | 8h | 0.2456 | long leg | $4.2M | $991K | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2456 | +0.008% | $65K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2461 | +0.218% | $288K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2455 | −0.044% | $56K | $590K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2454 | −0.084% | $94K | $672K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2452 | −0.166% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2454 | −0.097% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.087% | $9K | $748K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.145% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.133% | $1.3M | $5.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2450 | −0.247% | $47.7M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2449 | −0.270% | $532K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0106% | 8h | 0.2452 | −0.166% | $126K | $6.2M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2455 | −0.041% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2454 | −0.076% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2457 | +0.038% | $4K | $81K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0239% | 1h | 0.2454 | −0.105% | $502K | $470K | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0262% | 1h | 0.2451 | −0.197% | $6.2M | $12.1M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2453 | −0.145% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0416% / S −0.0202% | 1h | 0.2452 | −0.172% | $95K | — | 100x | as long as short |
Variational Omni ADA
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-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
Deribit ADA_USDC-PERPETUAL
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]