Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Kalshi against edgeX−0.293%79s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days−0.305%−$31 on $10k
+Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.293%, 7d avg −0.068%
=Together, before fees+0.133%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.225% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.068%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ADAUSDC | 0.2445 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $65K | $285K | 20x |
| Short | Kalshi KXADAPERP | 0.2438 | 0 | get 0.0000% / 8h | 5h 54m | $192K | $7.6M | 3.2x |
edgeX ADAUSDC
Kalshi KXADAPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against edgeX. 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
- −$21
- Price spread: −0.293% → −0.068%
- −$22.52
- Slippage, 4 orders
- −$24.74
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$87.26
- Costs to cover
- 0.437%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; Kalshi: live order book, 5 min ago.
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 edgeX live order book, 54 min ago | 6.07 bp | 10.6 bp −$11 | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 4.08 bp | 9.6 bp −$10 | 18.8 bp −$188 | doesn't fit | doesn't fit |
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 KXADAPERPshort | 0.0000% | 8h | 0.2438 | −0.293% | $192K | $7.6M | 3.2x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2436 | −0.358% | $83K | — | 150x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2439 | −0.240% | $4K | $111K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.057% | $849 | $202K | 12x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2437 | −0.334% | $6K | $6K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2438 | −0.294% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2436 | −0.359% | $156K | $178K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2438 | −0.293% | $102.7M | $410.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2436 | −0.375% | $72.0M | $124.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2437 | −0.334% | $32.4M | $118.0M | 50x | as long as short |
gTrade (Gains Network) ADA/USD
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 | 0.2437 | −0.334% | $99.6M | $64.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2437 | −0.334% | $51.7M | $64.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2437 | −0.326% | $29.4M | $15.9M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2436 | −0.375% | $66.2M | $53.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2437 | −0.334% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2437 | −0.313% | $136K | $484K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2435 | −0.413% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDClong | +0.0100% | 4h | 0.2445 | long leg | $65K | $285K | 20x | |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2442 | −0.135% | $287K | $4.0M | 10x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2436 | −0.391% | $129K | $1.1M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2438 | −0.298% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2437 | −0.337% | $8K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2439 | −0.273% | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2436 | −0.394% | $1.3M | $7.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2437 | −0.334% | $47.3M | $7.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2438 | −0.299% | $511K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2436 | −0.376% | $20K | $250 | 20x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0120% | 1h | 0.2437 | −0.334% | $376K | $8.6M | 50x | as long as short |
| Lighter ADA | +0.0168% | 1h | 0.2439 | −0.264% | $2.4M | $1.0M | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0171% | 1h | 0.2439 | −0.266% | $6.3M | $13.8M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2440 | −0.211% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2435 | −0.415% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0290% | 1h | 0.2439 | −0.256% | $42.8M | $18.2M | 10x | as long as short |
| dYdX ADA-USD | +0.0345% | 1h | 0.2435 | −0.436% | $200K | $2K | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0499% | 1h | 0.2443 | −0.089% | $82K | $890K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0629% / S −0.0728% | 1h | 0.2436 | −0.367% | $163K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0693% | 1h | 0.2440 | −0.203% | $621K | $613K | 50x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
GRVT ADA_USDT_Perp
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
Reya ADARUSDPERP
Hyperliquid ADA
dYdX ADA-USD
ApeX Omni ADAUSDT
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL