Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Binance−0.036%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ADAUSDT | 0.2479 | 0.0100 | pay 0.0100% / 8h | 5h 32m | $104.5M | $370.6M | 75x |
| Short | Orderly PERP_ADA_USDC | 0.2478 | 0.0100 | get 0.0100% / 8h | 5h 32m | $6K | $6K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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: −0.036% → 0.000%
- −$3.64
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.64
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Orderly: 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 Binance live order book, 11 min ago | 2.03 bp | 7.0 bp −$7 | 11.1 bp −$111 | 26.9 bp −$2,689 | 93.2 bp −$46.6K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.2474 | −0.186% | $204K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2476 | −0.104% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.319% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2476 | −0.117% | $423K | $7.6M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2480 | +0.064% | $43.1M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2479 | +0.004% | $1.2M | $991K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2476 | −0.123% | $159K | $161K | 10x | as long as short |
| Binance ADAUSDTlong | +0.0100% | 8h | 0.2479 | long leg | $104.5M | $370.6M | 75x | |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2478 | −0.036% | $72.8M | $109.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2480 | +0.044% | $33.0M | $106.5M | 50x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2476 | −0.117% | $99.2M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2478 | −0.036% | $58.0M | $57.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2478 | −0.049% | $29.9M | $16.5M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2479 | +0.004% | $66.5M | $48.4M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2478 | −0.036% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2478 | −0.036% | $128K | $423K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2479 | +0.005% | $4.3M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2477 | −0.072% | $66K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2477 | −0.095% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2476 | −0.117% | $228K | $733K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2479 | −0.004% | $96K | $676K | 10x | as long as short |
| Orderly PERP_ADA_USDCshort | +0.0100% | 8h | 0.2478 | −0.036% | $6K | $6K | 20x | |
| Derive ADA-PERP | +0.0100% | 1h | 0.2478 | −0.032% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2478 | −0.037% | $9K | $747K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2479 | +0.004% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2478 | −0.037% | $1.3M | $6.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2478 | −0.036% | $48.2M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2477 | −0.085% | $537K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0106% | 8h | 0.2477 | −0.077% | $141K | $6.3M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0109% | 8h | 0.2479 | 0.000% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2468 | −0.424% | $4K | $90K | 10x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2480 | +0.036% | $2.5M | $1.0M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2480 | +0.044% | $4.5M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0259% | 1h | 0.2478 | −0.025% | $6.3M | $12.5M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2478 | −0.017% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0418% / S −0.0202% | 1h | 0.2477 | −0.087% | $96K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0598% | 1h | 0.2479 | +0.012% | $564K | $450K | 50x | as long as short |
Binance ADAUSDT
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
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
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL