Funding you earn now, next payment 03:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.010%
Price spread now: Kraken Futures against edgeX+0.198%76s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as 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−$460.460% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.198%, 7d avg +0.021%
=Together, before fees−0.098%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.177% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour. The two prices were read 76 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 | 0.2450 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $65K | $282K | 20x |
| Short | Kraken Futures PF_ADAUSD | 0.2455 | 0.0262 | get 0.0033% / 1h | 54m 22s | $6.2M | $12.2M | 50x |
edgeX ADAUSDC
Kraken Futures PF_ADAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $33.92
- Price spread: +0.198% → +0.021%
- $17.72
- Slippage, 4 orders
- −$27.05
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $5.59
- Costs to cover
- 0.460%
- Break-even
- 5.8 days
Slippage from edgeX: live order book, 8 min ago; Kraken Futures: 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, 8 min ago | 6.10 bp | 10.6 bp −$11 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 2.65 bp | 13.5 bp −$14 | 18.6 bp −$186 | 47.3 bp −$4,726 | doesn't fit |
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-USD | 0.0000% | 1h | 0.2453 | +0.097% | $202K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2451 | +0.043% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.842% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2453 | +0.108% | $409K | $7.4M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2453 | +0.108% | $42.7M | $14.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2453 | +0.119% | $1.2M | $983K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2453 | +0.124% | $157K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2453 | +0.100% | $103.0M | $366.5M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2452 | +0.067% | $72.3M | $107.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2455 | +0.189% | $32.6M | $105.4M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | +0.026% | $97.8M | $58.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | +0.067% | $64.1M | $53.6M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | +0.050% | $29.8M | $17.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2454 | +0.148% | $65.7M | $47.3M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2452 | +0.067% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2455 | +0.181% | $126K | $414K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2467 | +0.683% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDClong | +0.0100% | 4h | 0.2450 | long leg | $65K | $282K | 20x | |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2450 | −0.015% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2450 | −0.015% | $56K | $590K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2452 | +0.075% | $94K | $672K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2454 | +0.148% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2455 | +0.189% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | +0.147% | $9K | $745K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2455 | +0.206% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2454 | +0.148% | $1.3M | $5.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2454 | +0.148% | $47.7M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2455 | +0.186% | $534K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0105% | 8h | 0.2455 | +0.189% | $126K | $6.2M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2453 | +0.123% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0112% | 1h | 0.2455 | +0.185% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2454 | +0.165% | $4K | $90K | 10x | as long as short |
| Kraken Futures PF_ADAUSDshort | +0.0262% | 1h | 0.2455 | +0.198% | $6.2M | $12.2M | 50x | |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2452 | +0.066% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0416% / S −0.0202% | 1h | 0.2452 | +0.059% | $95K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0443% | 1h | 0.2455 | +0.201% | $501K | $471K | 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
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL