ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.005%

Price spread now: dYdX against gTrade (Gains Network)−0.041%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on dYdX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. dYdX is 0.041% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ADA/USD	0.2436	L +0.0005% / S −0.0003%	pay 0.0001% / 1h	54m 29s	$83K	—	150x
Short	dYdX ADA-USD	0.2435	0.0345	get 0.0043% / 1h	54m 29s	$200K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 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 gTrade (Gains Network)bpFee dYdXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $71.41
Price spread: −0.041% → 0.000%: −$4.12
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $47.29
Costs to cover: 0.200%
Break-even: 2.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; dYdX: live order book, 55 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 dYdX live order book, 55 min ago	143.70 bp	150.7 bp −$151	152.5 bp −$1,525	152.7 bp −$15.3K	156.5 bp −$78.2K

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
Kalshi KXADAPERP	0.0000%	8h	0.2438	+0.102%	$185K	$7.6M	3.2x	as long as short
gTrade (Gains Network) ADA/USDlong	L +0.0005% / S −0.0003%	1h	0.2436	long leg	$83K	—	150x
Phoenix ADA	+0.0032%	1h	0.2439	+0.156%	$4K	$111K	10x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+1.457%	$849	$202K	12x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2436	+0.020%	$6K	$6K	20x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2437	+0.041%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2436	+0.036%	$156K	$178K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2436	+0.020%	$102.6M	$410.6M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2435	−0.021%	$71.9M	$124.9M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2435	−0.021%	$32.3M	$117.9M	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	0.2435	−0.021%	$99.5M	$64.0M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2435	−0.021%	$51.6M	$64.4M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2436	+0.004%	$29.4M	$15.8M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2435	−0.021%	$66.2M	$53.5M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2436	+0.020%	—	$20.3M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2438	+0.102%	$136K	$484K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2435	−0.018%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2445	+0.396%	$65K	$285K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2442	+0.261%	$287K	$4.0M	10x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2436	+0.004%	$129K	$1.1M	10x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2437	+0.060%	$40K	$4K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2437	+0.058%	$8K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2437	+0.073%	$335	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2437	+0.055%	$1.3M	$7.0M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2438	+0.102%	$47.3M	$7.4M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2435	−0.027%	$511K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0105%	8h	0.2436	+0.019%	$20K	$250	20x	as long as short
Coinbase International ADA-PERP-INTX	+0.0120%	1h	0.2437	+0.061%	$376K	$8.6M	50x	as long as short
Lighter ADA	+0.0136%	1h	0.2437	+0.078%	$2.4M	$1.0M	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0171%	1h	0.2437	+0.071%	$6.3M	$13.8M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2440	+0.184%	$4.4M	$5.8M	75x	as long as short
Reya ADARUSDPERP	+0.0275%	1h	0.2435	−0.020%	$1K	—	15x	as long as short
Hyperliquid ADA	+0.0275%	1h	0.2438	+0.090%	$42.8M	$18.2M	10x	as long as short
dYdX ADA-USDshort	+0.0345%	1h	0.2435	−0.041%	$200K	$2K	10x
ApeX Omni ADAUSDT	+0.0499%	1h	0.2443	+0.308%	$82K	$890K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0629% / S −0.0728%	1h	0.2435	−0.021%	$163K	—	100x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0653%	1h	0.2438	+0.098%	$620K	$613K	50x	as long as short