ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0312%/8h= −34.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.116%

Price spread now: Extended against GMX+0.018%7-day average −0.045% · you sell dearer than you buy

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

Long on GMX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.384%−$38 on $10k

Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.018%, 7d avg −0.045%

Together, before fees−0.550%+ Points / potential airdropExtended: Active · farm board−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.063% dearer against GMX than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.045%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ADA/USD [WBTC.b-USDC]	0.2456	L +0.0416% / S −0.0202%	pay 0.0052% / 1h	1m 10s	$95K	—	100x
Short	Extended ADA-USD	0.2456	0.0104	get 0.0013% / 1h	1m 10s	$534K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GMXbpFee ExtendedbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$65.51
Price spread: +0.018% → −0.045%: $6.31
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$76.2
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Extended: live order book, 2 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 GMX no order-book sample	—	—	—	—	—
Sell Extended live order book, 2 min ago	2.03 bp	4.5 bp −$5	10.2 bp −$102	doesn't fit	doesn't fit

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 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
dYdX ADA-USD	0.0000%	1h	0.2455	−0.047%	$202K	$3K	10x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2455	−0.022%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.612%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0048%	1h	0.2457	+0.042%	$410K	$7.4M	50x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2457	+0.046%	$42.8M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2456	+0.015%	$1.2M	$983K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2456	−0.003%	$158K	$159K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2457	+0.042%	$103.1M	$367.8M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2456	+0.001%	$72.4M	$107.4M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2457	+0.042%	$32.7M	$106.1M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2455	−0.040%	$98.5M	$60.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2456	+0.001%	$57.1M	$54.4M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2456	+0.009%	$29.9M	$17.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2456	+0.001%	$65.8M	$47.3M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2456	+0.001%	—	$20.3M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2457	+0.029%	$132K	$412K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2456	+0.004%	$4.2M	$991K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2462	+0.245%	$65K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2461	+0.222%	$288K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2463	+0.286%	$56K	$590K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2455	−0.040%	$94K	$671K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2456	+0.001%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2458	+0.068%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2458	+0.079%	$9K	$750K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2457	+0.062%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2455	−0.055%	$1.3M	$5.9M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2457	+0.042%	$47.8M	$6.3M	50x	as long as short
Extended ADA-USDshort	+0.0104%	1h	0.2456	+0.018%	$534K	$1.8M	50x
Kalshi KXADAPERP	+0.0106%	8h	0.2456	+0.001%	$139K	$6.2M	3.2x	as long as short
Paradex ADA-USD-PERP	+0.0108%	8h	0.2457	+0.025%	$21K	$250	20x	as long as short
Phoenix ADA	+0.0163%	1h	0.2461	+0.221%	$4K	$87K	10x	as long as short
Lighter ADA	+0.0200%	1h	0.2459	+0.111%	$2.4M	$1.0M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0279%	1h	0.2457	+0.054%	$502K	$470K	50x	as long as short
Reya ADARUSDPERP	+0.0281%	1h	0.2455	−0.040%	$1K	—	15x	as long as short
Kraken Futures PF_ADAUSD	+0.0354%	1h	0.2456	+0.012%	$6.2M	$12.1M	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]long	L +0.0416% / S −0.0202%	1h	0.2456	long leg	$95K	—	100x