Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Hyperliquid against Extended+0.100%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.100%, 7d avg +0.057%
=Together, before fees−0.133%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.044% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ADA-USD | 0.2449 | 0.0104 | pay 0.0013% / 1h | 51m 36s | $530K | $1.8M | 50x |
| Short | Hyperliquid ADA | 0.2452 | 0.0100 | get 0.0013% / 1h | 51m 36s | $42.6M | $14.9M | 10x |
Extended ADA-USD
Hyperliquid ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- −$0.84
- Price spread: +0.100% → +0.057%
- $4.39
- Slippage, 4 orders
- −$8.83
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.28
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Hyperliquid: live order book, 12 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 Extended live order book, 2 min ago | 2.03 bp | 4.5 bp −$5 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.81 bp | 7.0 bp −$7 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2450 | +0.009% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2452 | +0.109% | $145K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2450 | +0.043% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.884% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2456 | +0.272% | $412K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2451 | +0.067% | $6.2M | $12.8M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2452 | +0.100% | $2.4M | $1.1M | 10x | as long as short |
| Hyperliquid ADAshort | +0.0100% | 1h | 0.2452 | +0.100% | $42.6M | $14.9M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2451 | +0.066% | $1.2M | $980K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2451 | +0.048% | $159K | $161K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter 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 | 0.2451 | +0.049% | $103.5M | $372.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2450 | +0.027% | $71.5M | $111.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2451 | +0.068% | $32.6M | $105.5M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2448 | −0.055% | $97.9M | $58.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2449 | −0.014% | $61.1M | $59.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2450 | +0.027% | $29.6M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2450 | +0.027% | $65.8M | $50.0M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2450 | +0.027% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2451 | +0.084% | $125K | $444K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2462 | +0.521% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2461 | +0.487% | $65K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2451 | +0.050% | $288K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2449 | −0.014% | $226K | $740K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2453 | +0.162% | $92K | $684K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2451 | +0.068% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2452 | +0.118% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | +0.191% | $9K | $740K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | +0.088% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | +0.136% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | +0.109% | $47.8M | $6.5M | 50x | as long as short |
| Extended ADA-USDlong | +0.0104% | 1h | 0.2449 | long leg | $530K | $1.8M | 50x | |
| Paradex ADA-USD-PERP | +0.0106% | 8h | 0.2451 | +0.062% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2459 | +0.411% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2461 | +0.476% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2453 | +0.150% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0444% | 1h | 0.2453 | +0.133% | $586K | $486K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0625% / S −0.0463% | 1h | 0.2451 | +0.057% | $149K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
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
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]