Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit+0.040%72s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as 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−$390.391% of the position
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now +0.040%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 72 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 | Bybit ADAUSDT | 0.2480 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $74.3M | $124.3M | 75x |
| Short | BloFin ADA-USDT | 0.2481 | 0.0220 | get 0.0220% / 8h | 6h 18m | $4.6M | $5.6M | 75x |
Bybit ADAUSDT
BloFin ADA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.040% → +0.047%
- −$0.62
- Slippage, 4 orders
- −$16.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.56
- Costs to cover
- 0.391%
- Break-even
- 11.0 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 2.01 bp | 7.6 bp −$8 | 11.7 bp −$117 | 34.3 bp −$3,425 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 6.03 bp | 12.0 bp −$12 | 12.0 bp −$120 | 24.0 bp −$2,397 | 54.2 bp −$27.1K |
ADA on 36 exchanges
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 | 0.2479 | −0.025% | $207K | $5K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2481 | +0.040% | $210K | $7.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2478 | −0.069% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.363% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2482 | +0.073% | $2.4M | $959K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2481 | +0.045% | $1.2M | $1.3M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2480 | −0.010% | $159K | $157K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2482 | +0.081% | $106.5M | $393.5M | 75x | as long as short |
| Bybit ADAUSDTlong | +0.0100% | 8h | 0.2480 | long leg | $74.3M | $124.3M | 75x | |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2480 | 0.000% | $32.9M | $111.8M | 50x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
OKX ADA-USDT-SWAPShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2480 | 0.000% | $102.2M | $61.3M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2481 | +0.040% | $49.6M | $71.0M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2481 | +0.056% | $29.8M | $15.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2481 | +0.040% | $67.9M | $51.7M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2482 | +0.081% | — | $18.9M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2482 | +0.069% | $140K | $460K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2482 | +0.080% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2486 | +0.240% | $66K | $290K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2485 | +0.218% | $297K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2486 | +0.242% | $72K | $899K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2482 | +0.065% | $119K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2482 | +0.081% | $6K | $4K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2483 | +0.120% | $8K | $700K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2482 | +0.101% | $341 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2482 | +0.080% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2481 | +0.040% | $47.9M | $7.6M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2480 | −0.010% | $20K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2481 | +0.051% | $547K | $1.7M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2483 | +0.121% | $411K | $8.5M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0147% | 1h | 0.2482 | +0.089% | $6.3M | $13.6M | 50x | as long as short |
| Phoenix ADA | +0.0192% | 1h | 0.2485 | +0.202% | $3K | $107K | 10x | as long as short |
| BloFin ADA-USDTshort | +0.0220% | 8h | 0.2481 | +0.040% | $4.6M | $5.6M | 75x | |
| Reya ADARUSDPERP | +0.0270% | 1h | 0.2481 | +0.056% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0318% | 1h | 0.2483 | +0.125% | $44.3M | $17.8M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2479 | −0.046% | $88K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0475% | 1h | 0.2483 | +0.125% | $620K | $757K | 50x | as long as short |
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
Orderly PERP_ADA_USDC
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Reya ADARUSDPERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL