Funding you earn now, next payment 10:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Injective−0.310%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.310% cheaper against Injective than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 53m 15s | $849 | $202K | 12x |
| Short | gTrade (Gains Network) ADA/USD | 0.2463 | L +0.0005% / S −0.0003% | get 0.0000% / 1h | 53m 15s | $85K | — | 150x |
Injective ADA/USDC PERP
gTrade (Gains Network) ADA/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$6.34
- Price spread: −0.310% → 0.000%
- −$31.04
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$47.4
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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 Injective no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Injective and gTrade (Gains Network): 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 | 0.2461 | −0.425% | $206K | $5K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2466 | −0.202% | $196K | $8.0M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USDshort | L +0.0005% / S −0.0003% | 1h | 0.2463 | −0.310% | $85K | — | 150x | |
| Injective ADA/USDC PERPlong | +0.0033% | 1h | 0.2471 | long leg | $849 | $202K | 12x | |
| Lighter ADA | +0.0096% | 1h | 0.2468 | −0.109% | $2.4M | $954K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2468 | −0.140% | $1.2M | $1.3M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2468 | −0.107% | $158K | $180K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2467 | −0.150% | $104.5M | $400.4M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2467 | −0.162% | $73.6M | $126.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2468 | −0.121% | $32.8M | $115.5M | 50x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2467 | −0.162% | $101.1M | $59.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2462 | −0.364% | $55.1M | $68.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2463 | −0.332% | $29.8M | $15.7M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2465 | −0.243% | $67.4M | $53.3M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2464 | −0.283% | — | $19.7M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2469 | −0.065% | $142K | $470K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2481 | +0.405% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2471 | +0.018% | $66K | $289K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2487 | +0.664% | $297K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2469 | −0.081% | $73K | $898K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2463 | −0.312% | $116K | $1.3M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2465 | −0.243% | $6K | $5K | 20x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2467 | −0.157% | $8K | $718K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2466 | −0.202% | $339 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2464 | −0.293% | $1.3M | $7.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2468 | −0.121% | $47.6M | $7.7M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0103% | 8h | 0.2470 | −0.041% | $20K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2464 | −0.271% | $545K | $1.8M | 50x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2464 | −0.283% | $364K | $8.4M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0148% | 1h | 0.2467 | −0.165% | $6.3M | $13.8M | 50x | as long as short |
| Hyperliquid ADA | +0.0184% | 1h | 0.2465 | −0.247% | $43.9M | $18.7M | 10x | as long as short |
| Phoenix ADA | +0.0192% | 1h | 0.2488 | +0.700% | $3K | $107K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2463 | −0.324% | $4.6M | $5.6M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0271% | 1h | 0.2466 | −0.185% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0369% / S −0.0295% | 1h | 0.2463 | −0.333% | $87K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0440% | 1h | 0.2467 | −0.154% | $628K | $735K | 50x | as long as short |
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
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Hyperliquid ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL