Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.039%
Price spread now: Gate against BloFin−0.242%93s7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$390.388% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 3 days (all we have)+0.134%+$13 · spread now −0.242%, 7d avg −0.083%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.159% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.083%). Swap the legs. The two prices were read 93 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 | BloFin ADA-USDT | 0.2484 | 0.0220 | pay 0.0220% / 8h | 7h 07m | $4.5M | $5.7M | 75x |
| Short | Gate ADA_USDT | 0.2478 | 0.0100 | get 0.0100% / 8h | 7h 07m | $99.4M | $60.0M | 75x |
BloFin ADA-USDT
Gate ADA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$25.2
- Price spread: −0.242% → −0.083%
- −$15.9
- Slippage, 4 orders
- −$11.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$79.88
- Costs to cover
- 0.388%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Gate: live order book, 2 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 BloFin live order book, 6 min ago | 2.01 bp | 8.0 bp −$8 | 8.0 bp −$80 | 16.0 bp −$1,602 | 49.0 bp −$24.5K |
| Sell Gate live order book, 2 min ago | 2.02 bp | 9.5 bp −$10 | 14.7 bp −$147 | 77.4 bp −$7,744 | 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 | 0.2478 | −0.237% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2480 | −0.161% | $207K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2477 | −0.264% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.523% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2479 | −0.201% | $424K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2480 | −0.160% | $6.3M | $11.8M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2481 | −0.109% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2480 | −0.171% | $1.2M | $956K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2479 | −0.221% | $159K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2479 | −0.201% | $103.4M | $368.3M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2478 | −0.242% | $72.7M | $105.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2479 | −0.201% | $32.8M | $108.0M | 50x | as long as short |
| Gate ADA_USDTshort | +0.0100% | 8h | 0.2478 | −0.242% | $99.4M | $60.0M | 75x | |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2478 | −0.242% | $54.7M | $52.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2479 | −0.217% | $30.4M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2478 | −0.242% | $66.9M | $44.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2478 | −0.242% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2479 | −0.205% | $138K | $416K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2477 | −0.278% | $4.3M | $967K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2483 | −0.040% | $66K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2483 | −0.037% | $297K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2483 | −0.040% | $56K | $586K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2477 | −0.278% | $94K | $651K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2479 | −0.201% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2481 | −0.130% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2478 | −0.241% | $9K | $766K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2480 | −0.181% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2480 | −0.176% | $1.3M | $5.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2480 | −0.161% | $48.3M | $6.2M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2479 | −0.204% | $540K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2480 | −0.162% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2481 | −0.137% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2484 | long leg | $4.5M | $5.7M | 75x | |
| Hyperliquid ADA | +0.0243% | 1h | 0.2480 | −0.163% | $43.3M | $14.2M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0274% | 1h | 0.2480 | −0.149% | $496K | $455K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2478 | −0.261% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0629% / S −0.0393% | 1h | 0.2479 | −0.199% | $143K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]