Funding you earn now, next payment 06:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.081%
Price spread now: Paradex against Deribit−0.019%7-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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ADA_USDC-PERPETUAL | 0.2419 | 0.0329 | pay 0.0041% / 1h | 28m 02s | $596K | $552K | 50x |
| Short | Paradex ADA-USD-PERP | 0.2419 | 0.0101 | get 0.0101% / 8h | 2h 28m | $20K | $250 | 20x |
Deribit ADA_USDC-PERPETUAL
Paradex ADA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Deribit. 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
- −$47.9
- Price spread: −0.019% → 0.000%
- −$1.86
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$60.76
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 21 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 Deribit live order book, 21 min ago | 4.85 bp | 8.9 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| 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 | 0.2418 | −0.061% | $199K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2419 | −0.004% | $163K | $7.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2417 | −0.073% | $83K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2418 | −0.047% | $6.2M | $13.6M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2425 | +0.240% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +2.145% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2420 | +0.058% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2419 | +0.004% | $41.7M | $17.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2419 | −0.017% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2418 | −0.029% | $155K | $176K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2411 | −0.327% | $100.9M | $405.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2417 | −0.087% | $71.1M | $121.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2418 | −0.045% | $32.4M | $114.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2417 | −0.087% | $98.1M | $64.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2410 | −0.376% | $52.9M | $64.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2410 | −0.356% | $28.9M | $15.7M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2414 | −0.211% | $65.7M | $52.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2410 | −0.376% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2419 | +0.004% | $112K | $470K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2416 | −0.123% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2424 | +0.220% | $65K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2420 | +0.044% | $284K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2422 | +0.120% | $150K | $820K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2417 | −0.103% | $125K | $887K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2417 | −0.087% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2418 | −0.028% | $39K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2420 | +0.035% | $8K | $760K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2418 | −0.045% | $333 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2420 | +0.018% | $1.3M | $6.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2418 | −0.045% | $47.1M | $7.1M | 50x | as long as short |
| Paradex ADA-USD-PERPshort | +0.0101% | 8h | 0.2419 | −0.019% | $20K | $250 | 20x | |
| Extended ADA-USD | +0.0104% | 1h | 0.2415 | −0.177% | $526K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2423 | +0.161% | $381K | $8.3M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2423 | +0.161% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2418 | −0.065% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUALlong | +0.0329% | 1h | 0.2419 | long leg | $596K | $552K | 50x | |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0640% / S −0.0618% | 1h | 0.2417 | −0.098% | $143K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
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
Extended ADA-USD
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]