Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.073%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.073%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ADAUSDT | 0.2512 | 0.0100 | pay 0.0100% / 8h | 3h 51m | $74.0M | $110.4M | 75x |
| Short | Binance ADAUSDT | 0.2514 | 0.0100 | get 0.0100% / 8h | 3h 51m | $105.9M | $378.2M | 75x |
Bybit ADAUSDT
Binance ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.073% → +0.014%
- $5.95
- Slippage, 4 orders
- −$8.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.24
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 7 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 Bybit live order book, 2 min ago | 2.00 bp | 7.5 bp −$7 | 12.0 bp −$120 | 42.3 bp −$4,226 | 157.4 bp −$78.7K |
| Sell Binance live order book, 7 min ago | 2.02 bp | 7.0 bp −$7 | 11.3 bp −$113 | 29.0 bp −$2,904 | 95.4 bp −$47.7K |
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 | 0.2513 | +0.023% | $207K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2516 | +0.159% | $231K | $6.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2516 | +0.173% | $88K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2519 | +0.274% | $6.5M | $12.7M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.632% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2519 | +0.279% | $413K | $8.1M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2516 | +0.141% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2515 | +0.115% | $163K | $160K | 10x | as long as short |
| Binance ADAUSDTshort | +0.0100% | 8h | 0.2514 | +0.073% | $105.9M | $378.2M | 75x | |
| Bybit ADAUSDTlong | +0.0100% | 8h | 0.2512 | long leg | $74.0M | $110.4M | 75x |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2513 | +0.040% | $33.7M | $109.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2514 | +0.080% | $101.8M | $59.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2514 | +0.080% | $62.0M | $60.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2515 | +0.135% | $30.3M | $15.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2514 | +0.080% | $68.0M | $50.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2512 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2489 | −0.913% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2507 | −0.200% | $67K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2506 | −0.250% | $296K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2508 | −0.159% | $231K | $749K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2518 | +0.255% | $98K | $695K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2518 | +0.239% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2520 | +0.328% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2521 | +0.355% | $9K | $733K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2520 | +0.318% | $347 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2517 | +0.201% | $1.4M | $6.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2518 | +0.239% | $49.1M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2512 | +0.012% | $546K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0115% | 8h | 0.2517 | +0.183% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2478 | −1.350% | $4K | $95K | 10x | as long as short |
| Lighter ADA | +0.0176% | 1h | 0.2517 | +0.199% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2514 | +0.080% | $4.6M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2518 | +0.239% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0356% | 1h | 0.2519 | +0.271% | $142K | $455K | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0602% / S −0.0547% | 1h | 0.2516 | +0.147% | $136K | — | 100x | as long as short |
| Hyperliquid ADA | +0.0602% | 1h | 0.2519 | +0.275% | $45.1M | $15.9M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0822% | 1h | 0.2521 | +0.374% | $626K | $506K | 50x | as long as short |
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
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
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Backpack ADA_USDC_PERP
GMX ADA/USD [WBTC.b-USDC]
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL