Funding you earn now, next payment 01:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Injective−0.727%60s7-day average +0.301% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+1.758%+$176 · spread now −0.727%, 7d avg +0.301%
=Together, before fees+1.756%+ Points / potential airdropExtended: Active · farm board+$176 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 1.028% cheaper against Injective than usual: you would sell low and buy high (spread −0.727% now, against its 7-day average of +0.301%). If the spread goes back, that is −$103 on $10k: about 49 days of funding at the current rate (+$2 a day). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 56m 12s | $849 | $202K | 12x |
| Short | Extended ADA-USD | 0.2453 | 0.0104 | get 0.0013% / 1h | 56m 12s | $553K | $1.8M | 50x |
Injective ADA/USDC PERP
Extended ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $14.84
- Price spread: −0.727% → +0.301%
- −$102.84
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$93.02
- Costs to cover
- 0.050%
- Break-even
- 50.9 days
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 2.04 bp | 4.5 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
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 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 | 0.2454 | −0.689% | $202K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2454 | −0.688% | $195K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2452 | −0.786% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERPlong | +0.0033% | 1h | 0.2471 | long leg | $849 | $202K | 12x | |
| Coinbase International ADA-PERP-INTX | +0.0040% | 1h | 0.2453 | −0.728% | $407K | $7.3M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0047% | 1h | 0.2455 | −0.657% | $6.2M | $11.6M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2455 | −0.635% | $2.4M | $1.0M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2454 | −0.676% | $42.6M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2452 | −0.757% | $1.2M | $934K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2455 | −0.665% | $158K | $145K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
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 | 0.2454 | −0.691% | $101.5M | $366.1M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2453 | −0.728% | $71.5M | $104.0M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2454 | −0.688% | $32.4M | $107.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.809% | $97.8M | $57.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2451 | −0.809% | $53.5M | $50.7M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | −0.773% | $30.0M | $18.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | −0.728% | $65.9M | $43.9M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2452 | −0.769% | — | $20.4M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2454 | −0.696% | $108K | $420K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2454 | −0.681% | $4.2M | $967K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2451 | −0.805% | $65K | $280K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2452 | −0.769% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2453 | −0.728% | $55K | $583K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2452 | −0.761% | $94K | $642K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | −0.728% | $6K | $29K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2454 | −0.691% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.730% | $9K | $768K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2454 | −0.692% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.702% | $1.3M | $5.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2453 | −0.728% | $47.9M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2455 | −0.652% | $21K | $250 | 20x | as long as short |
| Extended ADA-USDshort | +0.0104% | 1h | 0.2453 | −0.727% | $553K | $1.8M | 50x | |
| Deribit ADA_USDC-PERPETUAL | +0.0117% | 1h | 0.2454 | −0.692% | $492K | $429K | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2450 | −0.838% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2457 | −0.567% | $4.4M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0283% | 1h | 0.2451 | −0.807% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0565% / S −0.0313% | 1h | 0.2451 | −0.813% | $122K | — | 100x | as long as short |
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
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
Deribit ADA_USDC-PERPETUAL
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]