Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Derive−0.174%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
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.174% cheaper against Derive than usual: you would sell low and buy high, −$17 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 | 0.2422 | 0.0100 | pay 0.0013% / 1h | 28m 36s | $40K | $2K | 5x |
| Short | KuCoin ADAUSDTM | 0.2418 | 0.0100 | get 0.0100% / 8h | 2h 28m | $28.9M | $15.7M | 75x |
Derive ADA-PERP
KuCoin ADAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.174% → 0.000%
- −$17.43
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$35.43
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 3.30 bp | 14.1 bp −$14 | 20.6 bp −$206 | 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 | 0.2418 | −0.190% | $199K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2423 | +0.032% | $163K | $7.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2421 | −0.034% | $83K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2421 | −0.046% | $6.2M | $13.6M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2425 | +0.111% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +2.014% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2419 | −0.129% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2421 | −0.063% | $41.7M | $17.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2418 | −0.162% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2418 | −0.158% | $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 | 0.2418 | −0.175% | $101.2M | $404.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2417 | −0.216% | $71.0M | $121.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2418 | −0.174% | $32.4M | $114.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2416 | −0.257% | $98.0M | $64.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2417 | −0.216% | $53.4M | $64.6M | 300x | as long as short |
| KuCoin ADAUSDTMshort | +0.0100% | 8h | 0.2418 | −0.174% | $28.9M | $15.7M | 75x | |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2417 | −0.216% | $65.8M | $52.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2418 | −0.174% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2422 | −0.026% | $112K | $469K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2416 | −0.252% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2424 | +0.090% | $65K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2420 | −0.085% | $284K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2422 | −0.009% | $150K | $820K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2424 | +0.061% | $122K | $883K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2421 | −0.050% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2422 | long leg | $40K | $2K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2424 | +0.071% | $8K | $760K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2422 | −0.009% | $333 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2425 | +0.111% | $1.3M | $6.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2421 | −0.050% | $47.2M | $7.1M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2419 | −0.147% | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2417 | −0.202% | $527K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2423 | +0.032% | $381K | $8.3M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2423 | +0.032% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2423 | +0.034% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0493% | 1h | 0.2424 | +0.069% | $597K | $552K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0641% / S −0.0618% | 1h | 0.2422 | −0.013% | $143K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
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
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]