Settings8H · net · $10k
Funding arb · Price arb /

ADA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0181%/8h= +19.9% APRpaid last 24h +0.059%
Price spread now: Reya against Variational Omni−0.004%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ADA0.24530.0100pay 0.0100% / 8h6h 44m$4.2M$992K
ShortReya ADARUSDPERP0.24530.0281get 0.0035% / 1h44m 32s$1K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$38.11
Price spread: −0.004% → 0.000%
−$0.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$31.75
Costs to cover
0.060%
Break-even
1.2 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago8.14 bpdoesn't fit12.2 bp −$122doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2450−0.142%$202K$4K10xas long as short
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2451−0.073%$84K150xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471+0.729%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0048%1h0.2452−0.046%$410K$7.4M50xas long as short
Lighter ADA+0.0096%1h0.2452−0.046%$2.4M$1.0M10xas long as short
Hyperliquid ADA+0.0100%1h0.2454+0.015%$42.7M$14.3M10xas long as short
Aster ADAUSDT+0.0100%8h0.2451−0.086%$1.2M$969K75xas long as short
Pacifica ADA+0.0100%1h0.2451−0.099%$159K$158K10xas long as short
Binance ADAUSDT+0.0100%8h0.2454+0.035%$102.5M$375.4M75xas long as short
Bybit ADAUSDT+0.0100%8h0.2454+0.036%$72.2M$108.4M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ADA-USDT-SWAP+0.0100%8h0.2456+0.117%$32.5M$108.7M50xas long as short
Gate ADA_USDT+0.0100%8h0.2450−0.127%$98.2M$58.8M75xas long as short
MEXC ADA_USDT+0.0100%8h0.2450−0.127%$50.1M$50.7M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2451−0.099%$29.9M$18.1M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2454+0.036%$65.6M$46.6M75xas long as short
BingX ADA-USDC+0.0100%8h0.2451−0.086%$6.6Mas long as short
Backpack ADA_USDC_PERP+0.0100%1h0.2452−0.029%$126K$422K15xas long as short
Variational Omni ADAlong+0.0100%8h0.2453long leg$4.2M$992K
edgeX ADAUSDC+0.0100%4h0.2458+0.204%$65K$283K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2457+0.167%$296K$3.8M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2460+0.280%$56K$588K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2453−0.001%$93K$656K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2452−0.046%$6K$28K20xas long as short
Derive ADA-PERP+0.0100%1h0.2453−0.004%$40K$3K5xas long as short
SunX ADA-USDT+0.0100%8h0.2453−0.004%$9K$773K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2452−0.066%$337$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2452−0.054%$1.3M$5.8M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2451−0.086%$47.7M$6.4M50xas long as short
Extended ADA-USD+0.0104%1h0.2452−0.031%$533K$1.8M50xas long as short
Paradex ADA-USD-PERP+0.0105%8h0.2451−0.076%$21K$25020xas long as short
Kalshi KXADAPERP+0.0107%8h0.2452−0.046%$195K$6.2M3.2xas long as short
Phoenix ADA+0.0163%1h0.2457+0.179%$4K$87K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2459+0.240%$4.4M$5.6M75xas long as short
Reya ADARUSDPERPshort+0.0281%1h0.2453−0.004%$1K15x
Kraken Futures PF_ADAUSD+0.0354%1h0.2450−0.117%$6.2M$12.1M50xas long as short
Deribit ADA_USDC-PERPETUAL+0.0403%1h0.2453−0.021%$501K$473K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0622% / S −0.0389%1h0.2451−0.097%$140K100xas long as short