Funding you earn now, next payment 02:00 UTC+0.0181%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.064%
Price spread now: Reya against Derive+0.015%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 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 | 0.2454 | 0.0100 | pay 0.0013% / 1h | 42m 52s | $40K | $3K | 5x |
| Short | Reya ADARUSDPERP | 0.2455 | 0.0281 | get 0.0035% / 1h | 42m 52s | $1K | — | 15x |
Derive ADA-PERP
Reya ADARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $38.11
- Price spread: +0.015% → 0.000%
- $1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $27.62
- Costs to cover
- 0.120%
- Break-even
- 1.9 days
Slippage unknown: Derive: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
Derive and Reya: 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 | 0.2456 | +0.087% | $202K | $4K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | −0.032% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.686% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2453 | −0.047% | $406K | $7.4M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2455 | +0.046% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2448 | −0.236% | $42.6M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2448 | −0.233% | $1.2M | $971K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2455 | +0.042% | $159K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2443 | −0.440% | $102.1M | $375.9M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2443 | −0.455% | $71.9M | $108.5M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2444 | −0.414% | $32.4M | $108.2M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2441 | −0.536% | $97.8M | $58.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2443 | −0.455% | $50.2M | $50.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2442 | −0.500% | $29.8M | $18.1M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2442 | −0.495% | $65.2M | $46.6M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2443 | −0.455% | — | $20.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2449 | −0.218% | $126K | $422K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.042% | $4.2M | $992K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2458 | +0.161% | $65K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2453 | −0.049% | $290K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2460 | +0.238% | $56K | $588K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2454 | −0.007% | $93K | $656K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | −0.047% | $6K | $28K | 20x | as long as short |
| Derive ADA-PERPlong | +0.0100% | 1h | 0.2454 | long leg | $40K | $3K | 5x | |
| SunX ADA-USDT | +0.0100% | 8h | 0.2456 | +0.075% | $9K | $774K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2454 | −0.015% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.030% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2450 | −0.170% | $47.7M | $6.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2442 | −0.480% | $533K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2458 | +0.142% | $21K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.0109% | 8h | 0.2457 | +0.116% | $195K | $6.2M | 3.2x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2453 | −0.060% | $4K | $87K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2459 | +0.197% | $4.4M | $5.6M | 75x | as long as short |
| Reya ADARUSDPERPshort | +0.0281% | 1h | 0.2455 | +0.015% | $1K | — | 15x | |
| Kraken Futures PF_ADAUSD | +0.0354% | 1h | 0.2452 | −0.078% | $6.2M | $12.1M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0402% | 1h | 0.2454 | +0.002% | $502K | $473K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0622% / S −0.0389% | 1h | 0.2454 | −0.010% | $140K | — | 100x | as long as short |
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
Kalshi KXADAPERP
Phoenix ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]