ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.009%

Price spread now: Phoenix against ApeX Omni+0.020%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.276%−$28 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.020% dearer against ApeX Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.276%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ADAUSDT	0.2442	0.0100	pay 0.0013% / 1h	26m 59s	$55K	$582K	50x
Short	Phoenix ADA	0.2442	0.0130	get 0.0016% / 1h	26m 59s	$4K	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.020%Rate

Funding earned: $6.28
Price spread: +0.020% → 0.000%: $2.05
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$8.67
Costs to cover: 0.170%
Break-even: 16.7 days

Slippage unknown: ApeX Omni: live order book, 51 min ago; Phoenix: 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 ApeX Omni live order book, 51 min ago	6.10 bp	12.8 bp −$13	42.2 bp −$422	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2438	−0.165%	$201K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2440	−0.082%	$186K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2440	−0.100%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2438	−0.164%	$402K	$7.3M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2442	+0.008%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2442	+0.004%	$42.3M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2441	−0.048%	$1.2M	$928K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2439	−0.129%	$157K	$145K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2441	−0.041%	$101.3M	$363.7M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2441	−0.041%	$71.0M	$103.3M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2441	−0.041%	$32.2M	$106.6M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2439	−0.123%	$96.8M	$59.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2440	−0.082%	$52.3M	$50.9M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2441	−0.053%	$29.9M	$18.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2441	−0.041%	$65.5M	$43.5M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2441	−0.041%	—	$18.1M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2442	−0.004%	$108K	$416K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2449	+0.296%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2442	+0.001%	$65K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2449	+0.288%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDTlong	+0.0100%	1h	0.2442	long leg	$55K	$582K	50x
Polymarket Perps ADA-USD	+0.0100%	1h	0.2439	−0.127%	$92K	$634K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2440	−0.082%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2441	−0.054%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2440	−0.084%	$9K	$764K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2440	−0.070%	$336	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2441	−0.053%	$1.3M	$5.4M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2441	−0.041%	$47.7M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2439	−0.118%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2440	−0.079%	$551K	$1.8M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0114%	1h	0.2440	−0.065%	$6.1M	$11.7M	50x	as long as short
Phoenix ADAshort	+0.0130%	1h	0.2442	+0.020%	$4K	$78K	10x
BloFin ADA-USDT	+0.0220%	8h	0.2442	0.000%	$4.4M	$5.5M	75x	as long as short
Injective ADA/USDC PERP	+0.0254%	1h	0.2471	+1.188%	$849	$202K	12x	as long as short
Reya ADARUSDPERP	+0.0284%	1h	0.2439	−0.117%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0563% / S −0.0313%	1h	0.2440	−0.082%	$121K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+2.4746%	1h	0.2501	+2.432%	$503K	$430K	50x	as long as short