Funding you earn now, next payment 01:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter against gTrade (Gains Network)+0.104%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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.104% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$10 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 | 0.2468 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 26m 57s | $85K | — | 150x |
| Short | Lighter ADA | 0.2470 | 0.0160 | get 0.0020% / 1h | 26m 57s | $2.5M | $1.1M | 10x |
gTrade (Gains Network) ADA/USD
Lighter ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $32.61
- Price spread: +0.104% → 0.000%
- $10.41
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $33.02
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: 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 Lighter live order book, 5 min ago | 2.43 bp | 8.8 bp −$9 | 19.1 bp −$191 | 60.3 bp −$6,034 | 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 | 0.2466 | −0.062% | $203K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2469 | +0.056% | $184K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDlong | L +0.0005% / S −0.0003% | 1h | 0.2468 | long leg | $85K | — | 150x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.137% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2468 | +0.015% | $418K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2468 | +0.025% | $6.2M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2467 | −0.038% | $4K | $84K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2468 | +0.015% | $1.2M | $948K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2468 | +0.001% | $161K | $148K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2469 | +0.060% | $103.0M | $365.7M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Phoenix ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2469 | +0.056% | $72.5M | $104.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2470 | +0.096% | $32.6M | $107.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2467 | −0.026% | $98.2M | $59.0M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2468 | +0.015% | $53.5M | $51.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2468 | +0.027% | $30.3M | $17.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2468 | +0.015% | $66.1M | $44.2M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2469 | +0.056% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2468 | +0.023% | $129K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2470 | +0.101% | $4.2M | $942K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2466 | −0.053% | $66K | $280K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2472 | +0.168% | $290K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2467 | −0.026% | $56K | $584K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2468 | +0.023% | $94K | $645K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2468 | +0.015% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2469 | +0.044% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2469 | +0.055% | $9K | $765K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2469 | +0.035% | $340 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2468 | +0.001% | $1.3M | $5.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2468 | +0.015% | $48.2M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0103% | 8h | 0.2467 | −0.041% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2468 | +0.034% | $540K | $1.8M | 50x | as long as short |
| Lighter ADAshort | +0.0160% | 1h | 0.2470 | +0.104% | $2.5M | $1.1M | 10x | |
| Hyperliquid ADA | +0.0179% | 1h | 0.2470 | +0.100% | $43.2M | $14.5M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2468 | +0.015% | $4.4M | $5.5M | 75x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0277% | 1h | 0.2469 | +0.068% | $496K | $434K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0282% | 1h | 0.2469 | +0.057% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0626% / S −0.0393% | 1h | 0.2467 | −0.017% | $142K | — | 100x | as long as short |
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
Hyperliquid ADA
BloFin ADA-USDT
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]