Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Variational Omni−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.040% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 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 | Variational Omni ADA | 0.2482 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $4.2M | $1.1M | — |
| Short | Orderly PERP_ADA_USDC | 0.2481 | 0.0100 | get 0.0100% / 8h | 6h 19m | $6K | $4K | 20x |
Variational Omni ADA
Orderly PERP_ADA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.040% → 0.000%
- −$3.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.99
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Orderly: 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, 2 min ago | 8.05 bp | doesn't fit | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | 0.2482 | +0.012% | $207K | $5K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2483 | +0.041% | $206K | $7.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2483 | +0.052% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.443% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2482 | +0.016% | $2.4M | $959K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2480 | −0.065% | $1.2M | $1.3M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2482 | +0.021% | $159K | $164K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2481 | −0.058% | $106.4M | $394.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2479 | −0.121% | $74.3M | $124.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2480 | −0.080% | $32.9M | $112.1M | 50x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2479 | −0.121% | $102.1M | $61.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2480 | −0.080% | $49.6M | $70.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2480 | −0.088% | $29.8M | $15.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2480 | −0.080% | $67.9M | $51.8M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2480 | −0.080% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2482 | −0.020% | $139K | $459K | 15x | as long as short |
| Variational Omni ADAlong | +0.0100% | 8h | 0.2482 | long leg | $4.2M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2487 | +0.194% | $66K | $289K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2485 | +0.138% | $297K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2488 | +0.242% | $72K | $899K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2482 | +0.016% | $119K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDCshort | +0.0100% | 8h | 0.2481 | −0.040% | $6K | $4K | 20x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2485 | +0.121% | $8K | $701K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2482 | −0.020% | $341 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2484 | +0.095% | $1.3M | $7.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2481 | −0.040% | $47.9M | $7.6M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2482 | −0.008% | $20K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2480 | −0.091% | $547K | $1.7M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2483 | +0.041% | $411K | $8.5M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0147% | 1h | 0.2482 | −0.010% | $6.3M | $13.6M | 50x | as long as short |
| Phoenix ADA | +0.0192% | 1h | 0.2483 | +0.057% | $3K | $107K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2485 | +0.121% | $4.6M | $5.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0270% | 1h | 0.2481 | −0.045% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0312% | 1h | 0.2483 | +0.037% | $44.3M | $17.8M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2480 | −0.060% | $88K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0395% | 1h | 0.2483 | +0.037% | $620K | $757K | 50x | as long as short |
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
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL