Funding you earn now, next payment 10:00 UTC+0.0418%/8h= +45.8% APRnext payment +$0.52 per $10,000 · paid last 24h −0.024%
Price spread now: dYdX against Injective+0.935%7-day average +0.225% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.942%−$94 · spread now +0.935%, 7d avg +0.225%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and dYdX is 0.710% dearer against Injective than usual: you sell high and buy low: +$71 more if the spread goes back to its 7-day average of +0.225%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.52 per $10,000. 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 | Injective ADA/USDC PERP | 0.2471 | 0.0033 | pay 0.0004% / 1h | 59m 23s | $849 | $202K | 12x |
| Short | dYdX ADA-USD | 0.2494 | 0.0451 | get 0.0056% / 1h | 59m 23s | $208K | $5K | 10x |
Injective ADA/USDC PERP
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Injective. 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
- $87.81
- Price spread: +0.935% → +0.225%
- $71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $148.79
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; dYdX: live order book, 35 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 Injective no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 35 min ago | 60.83 bp | 92.2 bp −$92 | 216.0 bp −$2,160 | 230.5 bp −$23.0K | 236.7 bp −$118.4K |
Injective: 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 | +1.093% | $217K | $7.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2497 | +1.064% | $86K | — | 150x | as long as short |
| Injective ADA/USDC PERPlong | +0.0033% | 1h | 0.2471 | long leg | $849 | $202K | 12x | |
| Lighter ADA | +0.0096% | 1h | 0.2496 | +1.008% | $2.4M | $946K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2494 | +0.933% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2496 | +0.999% | $160K | $180K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2493 | +0.890% | $106.4M | $398.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2491 | +0.809% | $75.0M | $125.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2491 | +0.809% | $33.2M | $116.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2492 | +0.850% | $102.6M | $59.3M | 75x | as long as short |
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2492 | +0.850% | $58.6M | $67.6M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2495 | +0.979% | $30.1M | $15.8M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2491 | +0.809% | $68.0M | $52.8M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2493 | +0.890% | — | $19.9M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2498 | +1.076% | $147K | $467K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2496 | +1.013% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2502 | +1.249% | $67K | $290K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2502 | +1.238% | $299K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2502 | +1.255% | $73K | $898K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2495 | +0.963% | $118K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2491 | +0.809% | $6K | $5K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2496 | +1.018% | $8K | $720K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2492 | +0.830% | $343 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2493 | +0.873% | $1.3M | $7.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2492 | +0.850% | $48.1M | $7.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0103% | 8h | 0.2496 | +1.027% | $21K | — | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2491 | +0.802% | $548K | $1.8M | 50x | as long as short |
| Hyperliquid ADA | +0.0139% | 1h | 0.2496 | +1.000% | $44.4M | $18.7M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2503 | +1.295% | $376K | $8.5M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0146% | 1h | 0.2492 | +0.852% | $6.4M | $13.9M | 50x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2499 | +1.141% | $3K | $107K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2503 | +1.295% | $4.6M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0271% | 1h | 0.2493 | +0.888% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0312% | 1h | 0.2492 | +0.858% | $636K | $736K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0371% / S −0.0295% | 1h | 0.2500 | +1.167% | $89K | — | 100x | as long as short |
| dYdX ADA-USDshort | +0.0451% | 1h | 0.2494 | +0.935% | $208K | $5K | 10x |
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
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
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]