ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%

Price spread now: Phoenix against Extended+0.009%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ADA-USD	0.2479	0.0104	pay 0.0013% / 1h	31m 04s	$537K	$1.8M	50x
Short	Phoenix ADA	0.2479	0.0163	get 0.0020% / 1h	31m 04s	$4K	$90K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.009%Rate

Funding earned: $12.34
Price spread: +0.009% → 0.000%: $0.86
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $1.2
Costs to cover: 0.120%
Break-even: 6.3 days

Slippage unknown: Extended: live order book, 2 min ago; Phoenix: 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 Extended live order book, 2 min ago	2.02 bp	4.5 bp −$5	9.8 bp −$98	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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 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	0.2476	−0.124%	$204K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2477	−0.061%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.314%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2479	+0.009%	$423K	$7.6M	50x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2482	+0.113%	$43.2M	$14.4M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2480	+0.032%	$1.2M	$992K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2478	−0.048%	$159K	$161K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2480	+0.067%	$105.0M	$371.1M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2479	+0.009%	$72.8M	$109.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2481	+0.089%	$33.0M	$106.6M	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	0.2479	+0.009%	$99.3M	$59.5M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2479	+0.009%	$58.0M	$57.4M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2479	+0.005%	$29.8M	$16.5M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2480	+0.049%	$66.5M	$48.5M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2479	+0.009%	—	$20.1M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2480	+0.065%	$129K	$424K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2478	−0.032%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2477	−0.077%	$66K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2477	−0.066%	$290K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2476	−0.112%	$228K	$733K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2479	+0.009%	$96K	$676K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2478	−0.032%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2479	+0.020%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2480	+0.048%	$9K	$747K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2480	+0.029%	$341	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2478	−0.016%	$1.3M	$6.1M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2479	+0.009%	$48.2M	$6.3M	50x	as long as short
Extended ADA-USDlong	+0.0104%	1h	0.2479	long leg	$537K	$1.8M	50x
Kalshi KXADAPERP	+0.0107%	8h	0.2481	+0.089%	$149K	$6.3M	3.2x	as long as short
Paradex ADA-USD-PERP	+0.0109%	8h	0.2478	−0.038%	$21K	$250	20x	as long as short
Phoenix ADAshort	+0.0163%	1h	0.2479	+0.009%	$4K	$90K	10x
Lighter ADA	+0.0200%	1h	0.2481	+0.089%	$2.5M	$1.0M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2478	−0.032%	$4.5M	$5.8M	75x	as long as short
Kraken Futures PF_ADAUSD	+0.0259%	1h	0.2478	−0.016%	$6.3M	$12.5M	50x	as long as short
Reya ADARUSDPERP	+0.0280%	1h	0.2478	−0.013%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0417% / S −0.0202%	1h	0.2478	−0.038%	$96K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0517%	1h	0.2480	+0.049%	$565K	$450K	50x	as long as short