ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%

Price spread now: SoDEX against Injective−2.145%62s7-day average — · you buy dearer than you sell

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

Long on Injective Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. SoDEX is 2.145% cheaper against Injective than usual: you would sell low and buy high (spread −2.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$214 on $10k: about 4 months of funding at the current rate (+$2 a day). The two prices were read 62 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	27m 41s	$849	$202K	12x
Short	SoDEX ADA-USD	0.2418	0.0100	get 0.0013% / 1h	27m 41s	$333	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 InjectivebpFee SoDEXbpOrdersPrice spread, now −2.145%Rate

Funding earned: $14
Price spread: −2.145% → 0.000%: −$214.49
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$208.51
Costs to cover: 0.080%
Break-even: 111.3 days

Slippage unknown: Injective: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

Injective and SoDEX: 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	0.2411	−2.445%	$198K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2419	−2.104%	$163K	$7.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2417	−2.172%	$83K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0020%	1h	0.2418	−2.146%	$6.2M	$13.6M	50x	as long as short
Phoenix ADA	+0.0032%	1h	0.2425	−1.866%	$4K	$105K	10x	as long as short
Injective ADA/USDC PERPlong	+0.0033%	1h	0.2471	long leg	$849	$202K	12x
Lighter ADA	+0.0096%	1h	0.2412	−2.388%	$2.4M	$1.0M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2410	−2.448%	$41.5M	$17.2M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2411	−2.426%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2418	−2.129%	$155K	$176K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ADAUSDT	+0.0100%	8h	0.2411	−2.428%	$100.9M	$405.9M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2410	−2.469%	$70.7M	$122.5M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2411	−2.428%	$32.3M	$115.2M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2413	−2.347%	$98.2M	$64.1M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2410	−2.469%	$52.9M	$64.7M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2410	−2.448%	$28.9M	$15.7M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2410	−2.469%	$65.6M	$53.1M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2410	−2.469%	—	$20.1M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2419	−2.096%	$112K	$470K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2416	−2.221%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2424	−1.885%	$65K	$286K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2420	−2.058%	$284K	$4.0M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2422	−1.983%	$150K	$820K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2417	−2.202%	$125K	$887K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2417	−2.185%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2418	−2.128%	$39K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2420	−2.066%	$8K	$760K	30x	as long as short
SoDEX ADA-USDshort	+0.0100%	1h	0.2418	−2.145%	$333	$13K	10x
HTX ADA-USDT	+0.0100%	8h	0.2420	−2.083%	$1.3M	$6.8M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2418	−2.145%	$47.1M	$7.1M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2419	−2.119%	$20K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2415	−2.273%	$526K	$1.8M	50x	as long as short
Coinbase International ADA-PERP-INTX	+0.0104%	1h	0.2423	−1.943%	$381K	$8.3M	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2423	−1.943%	$4.5M	$5.8M	75x	as long as short
Reya ADARUSDPERP	+0.0276%	1h	0.2418	−2.164%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0329%	1h	0.2419	−2.100%	$596K	$552K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0640% / S −0.0618%	1h	0.2417	−2.196%	$143K	—	100x	as long as short