Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX+0.080%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.080%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.048% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ADA-USDT | 0.2449 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $1.3M | $5.0M | 75x |
| Short | BloFin ADA-USDT | 0.2451 | 0.0220 | get 0.0220% / 8h | 2h 10m | $4.4M | $5.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $25.2
- Price spread: +0.080% → +0.032%
- $4.78
- Slippage, 4 orders
- −$16.11
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.13
- Costs to cover
- 0.401%
- Break-even
- 9.8 days
Slippage from HTX: live order book, 3 min ago; BloFin: live order book, 8 min ago.
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 HTX live order book, 3 min ago | 0.02 bp | 14.2 bp −$14 | 26.2 bp −$262 | 56.0 bp −$5,604 | doesn't fit |
| Sell BloFin live order book, 8 min ago | 2.03 bp | 8.0 bp −$8 | 8.0 bp −$80 | 15.4 bp −$1,539 | 45.4 bp −$22.7K |
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 | 0.2451 | +0.075% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2449 | −0.002% | $153K | $5.9M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2450 | +0.028% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2454 | +0.202% | $407K | $7.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2454 | +0.186% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2452 | +0.141% | $42.5M | $14.6M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2452 | +0.113% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2452 | +0.120% | $157K | $147K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2453 | +0.152% | $101.7M | $355.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2451 | +0.080% | $70.5M | $100.0M | 75x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2453 | +0.161% | $31.8M | $105.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2450 | +0.039% | $96.8M | $58.2M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | +0.120% | $52.8M | $56.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | +0.112% | $30.3M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2451 | +0.080% | $65.6M | $42.8M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2452 | +0.120% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2452 | +0.125% | $101K | $411K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | +0.218% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2454 | +0.221% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2450 | +0.039% | $296K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2453 | +0.161% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2450 | +0.035% | $96K | $623K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2449 | −0.002% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2448 | −0.042% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2451 | +0.079% | $9K | $757K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2450 | +0.051% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDTlong | +0.0100% | 8h | 0.2449 | long leg | $1.3M | $5.0M | 75x | |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2450 | +0.039% | $47.8M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2453 | +0.149% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2452 | +0.129% | $556K | $1.8M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0117% | 1h | 0.2451 | +0.076% | $476K | $353K | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2452 | +0.133% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDTshort | +0.0220% | 8h | 0.2451 | +0.080% | $4.4M | $5.4M | 75x | |
| Reya ADARUSDPERP | +0.0286% | 1h | 0.2450 | +0.051% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0337% | 1h | 0.2450 | +0.041% | $6.2M | $11.4M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0504% / S −0.0263% | 1h | 0.2450 | +0.021% | $110K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2440 | −0.370% | $838 | $131K | 12x | as long as short |
HTX ADA-USDT
BloFin ADA-USDT
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
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-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Deribit ADA_USDC-PERPETUAL
Phoenix ADA
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERP