ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h −0.013%

Price spread now: Coinbase International against ApeX Omni+0.163%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now +0.163%, 7d avg −0.032%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.195% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of −0.032%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ADAUSDT	0.2450	0.0100	pay 0.0013% / 1h	6m 46s	$55K	$579K	50x
Short	Coinbase International ADA-PERP-INTX	0.2454	0.0056	get 0.0007% / 1h	6m 46s	$407K	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$9.24
Price spread: +0.163% → −0.032%: $19.54
Slippage, 4 orders: −$24.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$33.87
Costs to cover: 0.442%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 16 min ago; Coinbase International: live order book, 2 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 ApeX Omni live order book, 16 min ago	4.06 bp	13.1 bp −$13	42.7 bp −$427	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	4.09 bp	10.4 bp −$10	16.0 bp −$160	doesn't fit	doesn't fit

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	0.2446	−0.164%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2447	−0.122%	$153K	$5.9M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2447	−0.141%	$84K	—	150x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0036%	1h	0.2447	−0.122%	$475K	$353K	50x	as long as short
Coinbase International ADA-PERP-INTXshort	+0.0056%	1h	0.2454	+0.163%	$407K	$7.2M	50x
Lighter ADA	+0.0096%	1h	0.2447	−0.110%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2446	−0.151%	$42.4M	$14.6M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2446	−0.167%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2448	−0.098%	$157K	$147K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2446	−0.163%	$101.3M	$355.7M	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	0.2445	−0.204%	$70.3M	$99.9M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2444	−0.245%	$31.8M	$104.9M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2444	−0.245%	$96.5M	$58.2M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2445	−0.204%	$52.5M	$56.8M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2446	−0.163%	$30.2M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2446	−0.163%	$65.5M	$42.8M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2446	−0.163%	—	$6.5M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2446	−0.155%	$101K	$414K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2449	−0.023%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2450	−0.005%	$65K	$279K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2449	−0.033%	$296K	$3.9M	10x	as long as short
ApeX Omni ADAUSDTlong	+0.0100%	1h	0.2450	long leg	$55K	$579K	50x
Polymarket Perps ADA-USD	+0.0100%	1h	0.2447	−0.114%	$96K	$623K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2446	−0.163%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2446	−0.145%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2448	−0.082%	$9K	$758K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2446	−0.167%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2446	−0.182%	$1.3M	$5.0M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2446	−0.163%	$47.7M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2448	−0.098%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2445	−0.196%	$556K	$1.8M	50x	as long as short
Phoenix ADA	+0.0195%	1h	0.2450	−0.016%	$4K	$82K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2451	+0.041%	$4.4M	$5.4M	75x	as long as short
Reya ADARUSDPERP	+0.0286%	1h	0.2447	−0.112%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0337%	1h	0.2446	−0.168%	$6.1M	$11.4M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0504% / S −0.0263%	1h	0.2446	−0.183%	$109K	—	100x	as long as short
Injective ADA/USDC PERP	+0.0533%	1h	0.2440	−0.408%	$838	$131K	12x	as long as short