Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against ApeX Omni−0.177%63s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.177%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.158% cheaper against ApeX Omni than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.019%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ADAUSDT | 0.2486 | 0.0100 | pay 0.0013% / 1h | 18m 00s | $72K | $899K | 50x |
| Short | Polymarket Perps ADA-USD | 0.2482 | 0.0100 | get 0.0013% / 1h | 18m 00s | $119K | $1.3M | 10x |
ApeX Omni ADAUSDT
Polymarket Perps ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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 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: −0.177% → −0.019%
- −$15.8
- Slippage, 4 orders
- −$33.7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$67.5
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; Polymarket Perps: live order book, 4 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, 34 min ago | 6.05 bp | 15.1 bp −$15 | 48.1 bp −$481 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 1.61 bp | 6.0 bp −$6 | 7.9 bp −$79 | doesn't fit | doesn't fit |
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 | 0.2479 | −0.266% | $207K | $5K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2481 | −0.201% | $210K | $7.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2478 | −0.310% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.603% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2482 | −0.169% | $2.4M | $959K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2481 | −0.198% | $1.2M | $1.3M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2480 | −0.251% | $159K | $157K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2481 | −0.201% | $106.5M | $393.5M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2480 | −0.241% | $74.3M | $124.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2480 | −0.241% | $32.9M | $111.8M | 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 | 0.2480 | −0.241% | $102.2M | $61.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2480 | −0.241% | $49.6M | $71.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2481 | −0.185% | $29.8M | $15.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2481 | −0.201% | $67.9M | $51.7M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2481 | −0.201% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2482 | −0.173% | $140K | $460K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2482 | −0.161% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2486 | −0.002% | $66K | $290K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2485 | −0.024% | $297K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDTlong | +0.0100% | 1h | 0.2486 | long leg | $72K | $899K | 50x | |
| Polymarket Perps ADA-USDshort | +0.0100% | 1h | 0.2482 | −0.177% | $119K | $1.3M | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2482 | −0.161% | $6K | $4K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2483 | −0.122% | $8K | $700K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2482 | −0.141% | $341 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2482 | −0.161% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2481 | −0.201% | $47.9M | $7.6M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2480 | −0.251% | $20K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2480 | −0.251% | $547K | $1.7M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2483 | −0.121% | $411K | $8.5M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0147% | 1h | 0.2482 | −0.153% | $6.3M | $13.6M | 50x | as long as short |
| Phoenix ADA | +0.0192% | 1h | 0.2485 | −0.040% | $3K | $107K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2481 | −0.201% | $4.6M | $5.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0270% | 1h | 0.2481 | −0.186% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0318% | 1h | 0.2483 | −0.117% | $44.3M | $17.8M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2479 | −0.288% | $88K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0475% | 1h | 0.2483 | −0.117% | $620K | $757K | 50x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
Orderly PERP_ADA_USDC
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