ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.021%

Price spread now: Injective against dYdX+0.304%7-day average −0.294% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 3 days (all we have)−1.531%−$153 · spread now +0.304%, 7d avg −0.294%

Together, before fees−1.453%−$145 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.598% dearer against dYdX than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.294%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ADA-USD	0.2464	0	get 0.0000% / 1h	4m 12s	$203K	$3K	10x
Short	Injective ADA/USDC PERP	0.2471	0.0033	get 0.0004% / 1h	4m 12s	$849	$202K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee InjectivebpOrdersPrice spread, now +0.304%Rate

Funding earned: $7
Price spread: +0.304% → −0.294%: $59.84
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $56.82
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: dYdX: live order book, 65 min ago; Injective: 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 dYdX live order book, 65 min ago	75.22 bp	238.7 bp −$239	238.8 bp −$2,388	238.8 bp −$23.9K	281.4 bp −$140.7K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 36 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-USDlong	0.0000%	1h	0.2464	long leg	$203K	$3K	10x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2464	+0.027%	$84K	—	150x	as long as short
Injective ADA/USDC PERPshort	+0.0033%	1h	0.2471	+0.304%	$849	$202K	12x
Coinbase International ADA-PERP-INTX	+0.0048%	1h	0.2463	−0.021%	$403K	$7.4M	50x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2467	+0.154%	$43.0M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2465	+0.080%	$1.2M	$982K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2466	+0.100%	$158K	$159K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2465	+0.071%	$103.5M	$369.5M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2464	+0.020%	$72.5M	$108.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2464	+0.020%	$32.8M	$106.7M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2464	+0.020%	$98.9M	$60.5M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2466	+0.101%	$59.3M	$53.1M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2466	+0.093%	$30.0M	$17.6M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2463	−0.021%	$66.0M	$47.3M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2465	+0.061%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2460	−0.142%	$127K	$410K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2459	−0.180%	$4.2M	$992K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2455	−0.353%	$65K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2446	−0.730%	$296K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2455	−0.345%	$56K	$590K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2466	+0.117%	$94K	$670K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2463	−0.021%	$6K	$16K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2464	+0.034%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2467	+0.137%	$8K	$756K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2464	0.000%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2464	+0.020%	$1.3M	$5.9M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2463	−0.021%	$47.9M	$6.3M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2462	−0.043%	$534K	$1.8M	50x	as long as short
Kalshi KXADAPERP	+0.0106%	8h	0.2460	−0.142%	$148K	$6.2M	3.2x	as long as short
Paradex ADA-USD-PERP	+0.0108%	8h	0.2466	+0.087%	$21K	$250	20x	as long as short
Phoenix ADA	+0.0163%	1h	0.2449	−0.609%	$4K	$87K	10x	as long as short
Lighter ADA	+0.0200%	1h	0.2466	+0.097%	$2.5M	$1.0M	10x	as long as short
Reya ADARUSDPERP	+0.0281%	1h	0.2465	+0.080%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0353%	1h	0.2463	−0.030%	$6.3M	$12.1M	50x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0359%	1h	0.2464	+0.036%	$504K	$470K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0417% / S −0.0202%	1h	0.2463	−0.004%	$96K	—	100x	as long as short