Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment −$1.15 per $10,000 · paid last 24h −0.036%
Price spread now: Paradex against BloFin−0.473%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paradex is 0.473% cheaper against BloFin than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). 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 | 0.2469 | 0.0220 | pay 0.0220% / 8h | 7h 03m | $4.5M | $5.6M | 75x |
| Short | Paradex ADA-USD-PERP | 0.2457 | 0.0105 | get 0.0105% / 8h | 7h 03m | $21K | $250 | 20x |
BloFin ADA-USDT
Paradex ADA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$24.15
- Price spread: −0.473% → 0.000%
- −$47.29
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$87.44
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Paradex: 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 BloFin live order book, 5 min ago | 2.02 bp | 8.0 bp −$8 | 10.9 bp −$109 | 22.2 bp −$2,223 | 53.1 bp −$26.5K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 0.2456 | −0.543% | $202K | $4K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2472 | +0.101% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.081% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2468 | −0.041% | $423K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2469 | −0.003% | $6.3M | $11.8M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2470 | +0.057% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2463 | −0.231% | $1.2M | $958K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2458 | −0.453% | $158K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2458 | −0.446% | $102.5M | $369.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2453 | −0.648% | $72.0M | $106.0M | 75x | as long as short |
dYdX ADA-USD
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 ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2453 | −0.648% | $32.5M | $107.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2461 | −0.324% | $99.2M | $60.4M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | −0.689% | $52.0M | $52.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2457 | −0.482% | $30.2M | $17.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2458 | −0.446% | $66.3M | $45.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2459 | −0.405% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2466 | −0.130% | $137K | $417K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | −0.079% | $4.2M | $966K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2479 | +0.390% | $66K | $282K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2483 | +0.570% | $297K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2483 | +0.567% | $56K | $586K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2471 | +0.097% | $94K | $651K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2471 | +0.081% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2472 | +0.127% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2473 | +0.163% | $9K | $766K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2470 | +0.041% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2472 | +0.124% | $1.3M | $5.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2468 | −0.041% | $48.1M | $6.2M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0101% | 8h | 0.2472 | +0.122% | $192K | $6.2M | 3.2x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2463 | −0.244% | $536K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPshort | +0.0105% | 8h | 0.2457 | −0.473% | $21K | $250 | 20x | |
| Lighter ADA | +0.0168% | 1h | 0.2460 | −0.377% | $2.4M | $1.1M | 10x | as long as short |
| BloFin ADA-USDTlong | +0.0220% | 8h | 0.2469 | long leg | $4.5M | $5.6M | 75x | |
| Hyperliquid ADA | +0.0237% | 1h | 0.2460 | −0.360% | $43.0M | $14.2M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0276% | 1h | 0.2472 | +0.117% | $494K | $461K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2472 | +0.121% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0628% / S −0.0393% | 1h | 0.2471 | +0.087% | $142K | — | 100x | as long as short |
OKX ADA-USDT-SWAP
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
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
Kalshi KXADAPERP
Extended ADA-USD
Lighter ADA
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]