Funding you earn now, next payment 06:00 UTC+0.0628%/8h= +68.8% APRpaid last 24h +0.059%
Price spread now: GMX against Gate−0.006%7-day average +0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.167%+$17 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.006%, 7d avg +0.042%
=Funding pays, the price is against you. GMX is 0.049% cheaper against Gate than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.042%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$19 a day). At the pace of the last 3 days (+0.167% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.167% in total (about 17.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ADA_USDT | 0.2441 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $99.0M | $65.0M | 75x |
| Short | GMX ADA/USD [WBTC.b-USDC] | 0.2441 | L +0.0630% / S −0.0728% | get 0.0091% / 1h | 15m 10s | $164K | — | 100x |
Gate ADA_USDT
GMX ADA/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $131.86
- Price spread: −0.006% → +0.042%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $100.01
- Costs to cover
- 0.270%
- Break-even
- 1.7 days
Slippage unknown: Gate: live order book, 4 min ago; GMX: 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 Gate live order book, 4 min ago | 2.05 bp | 12.5 bp −$13 | 16.1 bp −$161 | 80.4 bp −$8,039 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.2443 | +0.082% | $186K | $7.5M | 3.2x | as long as short |
| dYdX ADA-USD | +0.0002% | 1h | 0.2444 | +0.107% | $201K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2441 | +0.016% | $83K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0020% | 1h | 0.2442 | +0.049% | $6.3M | $13.7M | 50x | as long as short |
| Phoenix ADA | +0.0032% | 1h | 0.2441 | +0.016% | $4K | $105K | 10x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +1.229% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2444 | +0.115% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2444 | +0.113% | $42.7M | $18.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2443 | +0.085% | $1.2M | $1.1M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2444 | +0.120% | $157K | $176K | 10x | as long as short |
Kalshi KXADAPERP
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
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 | 0.2443 | +0.082% | $102.8M | $408.2M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2442 | +0.041% | $71.7M | $123.9M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2444 | +0.123% | $32.4M | $117.6M | 50x | as long as short |
| Gate ADA_USDTlong | +0.0100% | 8h | 0.2441 | long leg | $99.0M | $65.0M | 75x | |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2443 | +0.082% | $52.5M | $65.1M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2443 | +0.098% | $29.3M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2442 | +0.041% | $66.3M | $53.1M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2443 | +0.082% | — | $20.2M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2443 | +0.078% | $127K | $476K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2440 | −0.037% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2439 | −0.063% | $65K | $287K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2438 | −0.123% | $286K | $4.0M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2441 | 0.000% | $84K | $888K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2442 | +0.045% | $118K | $1.0M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2441 | 0.000% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2442 | +0.057% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2444 | +0.121% | $8K | $764K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2442 | +0.061% | $336 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2443 | +0.068% | $1.3M | $6.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2442 | +0.041% | $47.4M | $7.4M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2446 | +0.186% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2442 | +0.035% | $521K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0104% | 1h | 0.2442 | +0.041% | $378K | $8.5M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2445 | +0.164% | $4.4M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0275% | 1h | 0.2442 | +0.021% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0569% | 1h | 0.2443 | +0.094% | $608K | $597K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC]short | L +0.0630% / S −0.0728% | 1h | 0.2441 | −0.006% | $164K | — | 100x |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
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
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL