Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Derive+0.004%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ADA-PERP | 0.2441 | 0.0100 | pay 0.0013% / 1h | 56m 33s | $40K | $3K | 5x |
| Short | gTrade (Gains Network) ADA/USD | 0.2441 | L +0.0005% / S −0.0003% | get 0.0000% / 1h | 56m 33s | $83K | — | 150x |
Derive ADA-PERP
gTrade (Gains Network) ADA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.35
- Price spread: +0.004% → 0.000%
- $0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$35.99
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; gTrade (Gains Network): 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 Derive no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Derive and gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2442 | +0.034% | $186K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDshort | L +0.0005% / S −0.0003% | 1h | 0.2441 | +0.004% | $83K | — | 150x | |
| Phoenix ADA | +0.0032% | 1h | 0.2450 | +0.358% | $4K | $104K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.222% | $849 | $202K | 12x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2440 | −0.048% | $6K | $6K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2437 | −0.159% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2436 | −0.195% | $156K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2437 | −0.162% | $102.6M | $410.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2436 | −0.212% | $71.9M | $124.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2437 | −0.171% | $32.4M | $117.9M | 50x | as long as short |
Kalshi KXADAPERP
Phoenix ADA
Injective ADA/USDC PERP
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2435 | −0.253% | $99.5M | $63.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2435 | −0.253% | $51.9M | $64.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2436 | −0.195% | $29.2M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2436 | −0.212% | $66.2M | $53.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2438 | −0.130% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2440 | −0.036% | $137K | $484K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2448 | +0.282% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2445 | +0.164% | $65K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2448 | +0.281% | $288K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2450 | +0.362% | $82K | $889K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2435 | −0.245% | $128K | $1.1M | 10x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2441 | long leg | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2442 | +0.030% | $8K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2440 | −0.028% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2441 | −0.018% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2440 | −0.048% | $47.3M | $7.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2437 | −0.155% | $521K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2439 | −0.084% | $20K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0120% | 1h | 0.2444 | +0.116% | $377K | $8.6M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0171% | 1h | 0.2440 | −0.056% | $6.3M | $13.8M | 50x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2439 | −0.089% | $2.4M | $1.0M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2440 | −0.048% | $4.4M | $5.8M | 75x | as long as short |
| Hyperliquid ADA | +0.0259% | 1h | 0.2438 | −0.134% | $42.8M | $18.3M | 10x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2436 | −0.211% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0365% | 1h | 0.2441 | +0.009% | $621K | $613K | 50x | as long as short |
| dYdX ADA-USD | +0.0575% | 1h | 0.2436 | −0.222% | $200K | $2K | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0630% / S −0.0728% | 1h | 0.2441 | −0.003% | $164K | — | 100x | as long as short |
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
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
BloFin ADA-USDT
Hyperliquid ADA
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
dYdX ADA-USD
GMX ADA/USD [WBTC.b-USDC]