Funding you earn now, next payment 07:00 UTC+0.0628%/8h= +68.8% APRpaid last 24h +0.062%
Price spread now: GMX against Aster−0.055%81s7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.055%, 7d avg −0.012%
=Together, before fees+0.385%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.042% cheaper against Aster than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$19 a day). At the pace of the last 3 days (+0.173% in total) that is about 20 hours. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.173% in total (about 18.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ADAUSDT | 0.2436 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $1.2M | $1.1M | 75x |
| Short | GMX ADA/USD [WBTC.b-USDC] | 0.2435 | L +0.0630% / S −0.0728% | get 0.0091% / 1h | 34m 05s | $163K | — | 100x |
Aster ADAUSDT
GMX ADA/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Aster. 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
- $131.86
- Price spread: −0.055% → −0.012%
- −$4.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $107.62
- Costs to cover
- 0.200%
- Break-even
- 1.3 days
Slippage unknown: Aster: live order book, 4 min ago; GMX: 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 Aster live order book, 4 min ago | 2.05 bp | 11.6 bp −$12 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2436 | −0.012% | $200K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2433 | −0.116% | $83K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.425% | $849 | $202K | 12x | as long as short |
| dYdX ADA-USD | +0.0069% | 1h | 0.2435 | −0.034% | $200K | $2K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2433 | −0.135% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDTlong | +0.0100% | 8h | 0.2436 | long leg | $1.2M | $1.1M | 75x | |
| Pacifica ADA | +0.0100% | 1h | 0.2436 | −0.024% | $156K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2437 | +0.028% | $102.5M | $409.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2435 | −0.053% | $72.1M | $124.6M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2436 | −0.012% | $32.4M | $117.7M | 50x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
dYdX ADA-USD
Orderly PERP_ADA_USDC
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2435 | −0.053% | $99.6M | $64.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2436 | −0.012% | $51.8M | $64.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2435 | −0.053% | $29.4M | $15.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2435 | −0.053% | $66.2M | $53.3M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2436 | −0.012% | — | $20.3M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2435 | −0.050% | $4.1M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2440 | +0.135% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2439 | +0.115% | $291K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2441 | +0.194% | $81K | $891K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2433 | −0.135% | $128K | $1.2M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2436 | +0.001% | $39K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2435 | −0.053% | $8K | $762K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2434 | −0.073% | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2435 | −0.061% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2435 | −0.053% | $47.2M | $7.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2434 | −0.097% | $512K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2435 | −0.037% | $20K | $250 | 20x | as long as short |
| Lighter ADA | +0.0112% | 1h | 0.2437 | +0.021% | $2.4M | $1.0M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0120% | 1h | 0.2439 | +0.111% | $381K | $8.6M | 50x | as long as short |
| Backpack ADA_USDC_PERP | +0.0138% | 1h | 0.2437 | +0.013% | $138K | $483K | 15x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2440 | +0.173% | $4K | $111K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0171% | 1h | 0.2435 | −0.066% | $6.3M | $13.9M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2438 | +0.070% | $4.4M | $5.8M | 75x | as long as short |
| Hyperliquid ADA | +0.0264% | 1h | 0.2438 | +0.079% | $42.8M | $18.1M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2434 | −0.113% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0531% | 1h | 0.2435 | −0.049% | $622K | $617K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]short | L +0.0630% / S −0.0728% | 1h | 0.2435 | −0.055% | $163K | — | 100x |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
Coinbase International ADA-PERP-INTX
Backpack ADA_USDC_PERP
Phoenix ADA
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
Hyperliquid ADA
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL