Funding you earn now, next payment 05:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against gTrade (Gains Network)+0.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.066% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ADA/USD | 0.2421 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 29m 00s | $83K | — | 150x |
| Short | Coinbase International ADA-PERP-INTX | 0.2423 | 0.0104 | get 0.0013% / 1h | 29m 00s | $381K | $8.3M | 50x |
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against gTrade (Gains Network). 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
- $20.85
- Price spread: +0.066% → 0.000%
- $6.57
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $7.41
- Costs to cover
- 0.200%
- Break-even
- 4.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 4.13 bp | 15.7 bp −$16 | 20.6 bp −$206 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 0.2421 | −0.030% | $199K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2423 | +0.066% | $163K | $7.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDlong | L +0.0005% / S −0.0003% | 1h | 0.2421 | long leg | $83K | — | 150x | |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2421 | −0.012% | $6.2M | $13.6M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2425 | +0.144% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +2.048% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2423 | +0.062% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2422 | +0.012% | $41.8M | $17.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2422 | +0.015% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2422 | +0.036% | $155K | $176K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Kraken Futures PF_ADAUSD
Phoenix ADA
Injective ADA/USDC PERP
Lighter ADA
Hyperliquid 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 | 0.2421 | −0.001% | $101.3M | $404.3M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2421 | −0.017% | $71.2M | $121.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2421 | −0.017% | $32.4M | $114.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2420 | −0.058% | $98.2M | $64.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2420 | −0.058% | $53.5M | $64.6M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2422 | +0.012% | $29.0M | $15.7M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2420 | −0.058% | $65.8M | $53.0M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2421 | −0.017% | — | $20.1M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2422 | +0.008% | $112K | $469K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2416 | −0.218% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2424 | +0.124% | $65K | $286K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2420 | −0.052% | $284K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2422 | +0.024% | $150K | $820K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2424 | +0.095% | $122K | $883K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2421 | −0.017% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2422 | +0.034% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2424 | +0.105% | $8K | $760K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2422 | +0.024% | $333 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2425 | +0.145% | $1.3M | $6.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2421 | −0.017% | $47.2M | $7.1M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2423 | +0.059% | $20K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2422 | +0.039% | $527K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTXshort | +0.0104% | 1h | 0.2423 | +0.066% | $381K | $8.3M | 50x | |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2423 | +0.066% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0276% | 1h | 0.2423 | +0.067% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0493% | 1h | 0.2424 | +0.103% | $597K | $552K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0641% / S −0.0618% | 1h | 0.2422 | +0.021% | $143K | — | 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-USDT
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
Extended ADA-USD
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]