Funding you earn now, next payment 09:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.029%
Price spread now: Variational Omni against gTrade (Gains Network)−0.051%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.051% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ADA/USD | 0.2497 | L +0.0005% / S −0.0003% | pay 0.0001% / 1h | 59m 55s | $86K | — | 150x |
| Short | Variational Omni ADA | 0.2496 | 0.0100 | get 0.0100% / 8h | 6h 59m | $4.2M | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $20.01
- Price spread: −0.051% → 0.000%
- −$5.05
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $4.95
- Costs to cover
- 0.100%
- Break-even
- 5.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 8.02 bp | doesn't fit | 12.0 bp −$120 | 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 36 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 | 0.2498 | +0.028% | $217K | $7.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDlong | L +0.0005% / S −0.0003% | 1h | 0.2497 | long leg | $86K | — | 150x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.053% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2499 | +0.056% | $2.4M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2498 | +0.035% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2498 | +0.021% | $160K | $180K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2497 | −0.009% | $106.5M | $398.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2496 | −0.052% | $75.1M | $125.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2496 | −0.052% | $33.2M | $116.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2496 | −0.052% | $102.8M | $64.0M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2497 | −0.012% | $58.7M | $69.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2497 | −0.004% | $30.2M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2498 | +0.028% | $68.2M | $52.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2497 | −0.012% | — | $19.8M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2498 | +0.012% | $147K | $467K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2496 | −0.051% | $4.2M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2497 | −0.022% | $66K | $289K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2497 | +0.004% | $295K | $3.7M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2496 | −0.052% | $75K | $897K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2498 | +0.012% | $118K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2498 | +0.028% | $6K | $5K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2499 | +0.074% | $8K | $720K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2498 | +0.032% | $344 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2498 | +0.032% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2498 | +0.028% | $48.2M | $7.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0103% | 8h | 0.2498 | +0.015% | $21K | — | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2497 | −0.020% | $548K | $1.8M | 50x | as long as short |
| Hyperliquid ADA | +0.0133% | 1h | 0.2499 | +0.084% | $44.5M | $18.7M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0152% | 1h | 0.2503 | +0.228% | $376K | $8.5M | 50x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2497 | −0.004% | $3K | $113K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0195% | 1h | 0.2498 | +0.037% | $6.4M | $13.9M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2503 | +0.228% | $4.6M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0271% | 1h | 0.2499 | +0.066% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0371% / S −0.0295% | 1h | 0.2500 | +0.101% | $89K | — | 100x | as long as short |
| dYdX ADA-USD | +0.0459% | 1h | 0.2498 | +0.012% | $209K | $5K | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0471% | 1h | 0.2499 | +0.080% | $638K | $736K | 50x | as long as short |
gTrade (Gains Network) ADA/USD
Variational Omni ADA
Kalshi KXADAPERP
Injective ADA/USDC PERP
Lighter 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
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
Hyperliquid ADA
Coinbase International ADA-PERP-INTX
Phoenix ADA
Kraken Futures PF_ADAUSD
BloFin ADA-USDT
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL