Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Aster against Derive+0.083%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.083% dearer against Derive than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2487 | 0.0100 | pay 0.0013% / 1h | 14m 01s | $40K | $3K | 5x |
| Short | Aster ADAUSDT | 0.2489 | 0.0100 | get 0.0100% / 8h | 7h 14m | $1.2M | $954K | 75x |
Derive ADA-PERP
Aster ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Derive. 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: +0.083% → 0.000%
- $8.27
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$5.73
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 4 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 4.05 bp | 13.7 bp −$14 | 31.7 bp −$317 | doesn't fit | doesn't fit |
Derive: 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 | 0.2481 | −0.227% | $204K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2485 | −0.062% | $215K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2484 | −0.084% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.625% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2482 | −0.183% | $422K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2486 | −0.003% | $6.3M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2475 | −0.480% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDTshort | +0.0100% | 8h | 0.2489 | +0.083% | $1.2M | $954K | 75x | |
| Pacifica ADA | +0.0100% | 1h | 0.2482 | −0.177% | $159K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2490 | +0.126% | $103.7M | $366.8M | 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
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 | 0.2484 | −0.102% | $73.0M | $105.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2483 | −0.143% | $33.0M | $107.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2487 | +0.018% | $99.3M | $59.5M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2489 | +0.099% | $54.9M | $52.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2485 | −0.050% | $30.5M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2489 | +0.099% | $67.0M | $44.7M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2488 | +0.059% | — | $20.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2489 | +0.115% | $137K | $418K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2474 | −0.500% | $4.3M | $968K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2467 | −0.777% | $66K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2468 | −0.743% | $292K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2471 | −0.625% | $56K | $585K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2483 | −0.151% | $95K | $649K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2485 | −0.062% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2487 | long leg | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2487 | +0.017% | $9K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2486 | −0.022% | $342 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2487 | +0.019% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2486 | −0.022% | $48.6M | $5.7M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2485 | −0.065% | $540K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2483 | −0.159% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2488 | +0.079% | $2.5M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2481 | −0.223% | $4.4M | $5.6M | 75x | as long as short |
| Hyperliquid ADA | +0.0240% | 1h | 0.2491 | +0.163% | $43.5M | $14.3M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2484 | −0.101% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0629% / S −0.0393% | 1h | 0.2485 | −0.066% | $143K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +2.4743% | 1h | 0.2547 | +2.423% | $512K | $434K | 50x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Extended ADA-USD
Paradex ADA-USD-PERP
Lighter ADA
BloFin ADA-USDT
Hyperliquid ADA
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL