Funding you earn now, next payment 11:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.029%
Price spread now: Injective against gTrade (Gains Network)+0.808%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$1 a day on $10k at the current rate, and Injective is 0.808% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$81 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 | 0.2451 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 8m 24s | $84K | — | 150x |
| Short | Injective ADA/USDC PERP | 0.2471 | 0.0033 | get 0.0004% / 1h | 8m 24s | $849 | $202K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $6.01
- Price spread: +0.808% → 0.000%
- $80.78
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $76.76
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Injective: 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 36 exchanges
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 | 0.2453 | +0.087% | $206K | $6K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2454 | +0.114% | $202K | $7.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDlong | L +0.0005% / S −0.0003% | 1h | 0.2451 | long leg | $84K | — | 150x | |
| Kraken Futures PF_ADAUSD | +0.0031% | 1h | 0.2453 | +0.085% | $6.3M | $12.9M | 50x | as long as short |
| Injective ADA/USDC PERPshort | +0.0033% | 1h | 0.2471 | +0.808% | $849 | $202K | 12x | |
| Lighter ADA | +0.0096% | 1h | 0.2457 | +0.216% | $2.4M | $968K | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2456 | +0.204% | $43.8M | $17.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2455 | +0.166% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2457 | +0.220% | $157K | $150K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2455 | +0.166% | $105.3M | $380.0M | 75x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2454 | +0.114% | $74.4M | $122.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2455 | +0.155% | $32.3M | $106.1M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2454 | +0.114% | $101.3M | $60.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2454 | +0.114% | $51.2M | $70.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | +0.139% | $29.4M | $15.4M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2455 | +0.155% | $67.4M | $49.5M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2455 | +0.155% | — | $18.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2455 | +0.143% | $136K | $449K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2450 | −0.054% | $4.1M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2451 | +0.004% | $65K | $289K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2455 | +0.138% | $291K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2452 | +0.033% | $69K | $897K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2454 | +0.098% | $103K | $1.5M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2454 | +0.114% | $6K | $6K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | +0.117% | $8K | $665K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2454 | +0.094% | $337 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2453 | +0.077% | $1.3M | $6.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2454 | +0.114% | $47.4M | $7.5M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2456 | +0.184% | $19K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2455 | +0.143% | $543K | $1.7M | 50x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2453 | +0.057% | $3K | $104K | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0176% | 1h | 0.2453 | +0.073% | $411K | $7.8M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2455 | +0.155% | $4.6M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0269% | 1h | 0.2453 | +0.062% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0321% | 1h | 0.2454 | +0.122% | $573K | $837K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0368% / S −0.0294% | 1h | 0.2451 | −0.006% | $87K | — | 100x | as long as short |
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Kalshi KXADAPERP
Kraken Futures PF_ADAUSD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
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
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]