ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.017%

Price spread now: Kraken Futures against Extended+0.059%7-day average +0.042% · 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−$35as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 4 days (all we have)+0.383%+$38 · spread now +0.059%, 7d avg +0.042%

Together, before fees+0.429%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, 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	Extended ADA-USD	0.2452	0.0104	pay 0.0013% / 1h	6m 16s	$533K	$1.8M	50x
Short	Kraken Futures PF_ADAUSD	0.2454	0.0262	get 0.0033% / 1h	6m 16s	$6.2M	$12.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.059%Rate

Funding earned: $33.11
Price spread: +0.059% → +0.042%: $1.73
Slippage, 4 orders: −$21.25
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$1.41
Costs to cover: 0.363%
Break-even: 7.3 days

Slippage from Extended: live order book, 2 min ago; Kraken Futures: live order book, 3 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	7.6 bp −$76	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	4.26 bp	14.4 bp −$14	20.0 bp −$200	55.3 bp −$5,529	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	0.2454	+0.055%	$202K	$3K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2460	+0.311%	$144K	$6.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2452	0.000%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.760%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2452	−0.015%	$405K	$7.7M	50x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2453	+0.035%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2455	+0.091%	$159K	$163K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2454	+0.075%	$103.7M	$372.4M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2453	+0.026%	$71.5M	$111.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2454	+0.067%	$32.7M	$106.1M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2452	−0.015%	$98.4M	$61.0M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2453	+0.026%	$61.7M	$61.0M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2453	+0.026%	$29.6M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2453	+0.026%	$65.9M	$50.0M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2454	+0.067%	—	$20.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2456	+0.152%	$125K	$445K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	+0.598%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2466	+0.556%	$66K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2465	+0.518%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2463	+0.434%	$227K	$738K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2452	−0.011%	$93K	$680K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2453	+0.026%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2454	+0.065%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2454	+0.068%	$8K	$743K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2454	+0.046%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2453	+0.037%	$1.3M	$6.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2454	+0.067%	$47.8M	$6.5M	50x	as long as short
Extended ADA-USDlong	+0.0104%	1h	0.2452	long leg	$533K	$1.8M	50x
Paradex ADA-USD-PERP	+0.0108%	8h	0.2455	+0.104%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0119%	1h	0.2454	+0.075%	$42.7M	$14.8M	10x	as long as short
Lighter ADA	+0.0120%	1h	0.2455	+0.120%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2465	+0.495%	$4K	$90K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2458	+0.230%	$4.5M	$5.7M	75x	as long as short
Kraken Futures PF_ADAUSDshort	+0.0262%	1h	0.2454	+0.059%	$6.2M	$12.7M	50x
Reya ADARUSDPERP	+0.0279%	1h	0.2452	+0.004%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0402%	1h	0.2454	+0.063%	$589K	$452K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0415% / S −0.0214%	1h	0.2453	+0.011%	$93K	—	100x	as long as short