Funding you earn now, next payment 01:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h +0.011%
Price spread now: Kraken Futures against BingX−0.007%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ADA-USDC | 0.2466 | 0.0100 | pay 0.0100% / 8h | 7h 33m | — | $6.5M | — |
| Short | Kraken Futures PF_ADAUSD | 0.2466 | 0.0047 | get 0.0006% / 1h | 33m 10s | $6.2M | $11.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$11.09
- Price spread: −0.007% → 0.000%
- −$0.73
- Slippage, 4 orders
- −$27.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$59.57
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Kraken Futures: live order book, 6 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 BingX live order book, 3 min ago | 4.06 bp | 11.9 bp −$12 | 22.5 bp −$225 | 79.2 bp −$7,918 | 459.1 bp −$229.5K |
| Sell Kraken Futures live order book, 6 min ago | 2.86 bp | 13.2 bp −$13 | 16.2 bp −$162 | 40.4 bp −$4,035 | 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 | 0.2465 | −0.057% | $203K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2465 | −0.041% | $190K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2465 | −0.060% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.203% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2466 | 0.000% | $423K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0047% | 1h | 0.2466 | −0.007% | $6.2M | $11.7M | 50x | |
| Lighter ADA | +0.0096% | 1h | 0.2467 | +0.061% | $2.5M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2467 | +0.024% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2466 | 0.000% | $1.2M | $947K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2465 | −0.022% | $158K | $145K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2466 | 0.000% | $102.2M | $365.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2465 | −0.041% | $72.2M | $104.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2466 | 0.000% | $32.5M | $107.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2465 | −0.041% | $97.9M | $58.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2466 | 0.000% | $52.8M | $51.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2466 | −0.012% | $30.2M | $17.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2466 | 0.000% | $66.2M | $44.0M | 75x | as long as short |
| BingX ADA-USDClong | +0.0100% | 8h | 0.2466 | long leg | — | $6.5M | — | |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2465 | −0.061% | $118K | $408K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2460 | −0.238% | $4.2M | $942K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2461 | −0.198% | $65K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2462 | −0.166% | $288K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | −0.406% | $56K | $583K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2465 | −0.020% | $94K | $645K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2465 | −0.041% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2466 | −0.017% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2467 | +0.040% | $9K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2465 | −0.020% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2466 | −0.018% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2464 | −0.081% | $48.1M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0102% | 8h | 0.2466 | +0.017% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2465 | −0.041% | $554K | $1.8M | 50x | as long as short |
| Hyperliquid ADA | +0.0128% | 1h | 0.2468 | +0.077% | $43.0M | $14.4M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2465 | −0.041% | $4.4M | $5.5M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0277% | 1h | 0.2466 | +0.008% | $495K | $435K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2466 | +0.001% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0626% / S −0.0393% | 1h | 0.2464 | −0.077% | $142K | — | 100x | as long as short |
BingX ADA-USDC
Kraken Futures PF_ADAUSD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
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
Paradex ADA-USD-PERP
Extended ADA-USD
Hyperliquid ADA
BloFin ADA-USDT
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]