ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Kalshi+0.099%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on Kalshi Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.213%+$21 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.099%, 7d avg +0.052%

Together, before fees+0.157%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Kalshi than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXADAPERP	0.2513	0	get 0.0000% / 8h	7h 43m	$180K	$6.7M	3.2x
Short	KuCoin ADAUSDTM	0.2515	0.0100	get 0.0100% / 8h	3h 43m	$30.2M	$15.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Kalshi. 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 KalshibpFee KuCoinbpOrdersPrice spread, now +0.099%Rate

Funding earned: $21
Price spread: +0.099% → +0.052%: $4.78
Slippage, 4 orders: −$24.06
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$20.28
Costs to cover: 0.461%
Break-even: 13.8 days

Slippage from Kalshi: live order book, 5 min ago; KuCoin: live order book, 5 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 Kalshi live order book, 5 min ago	5.97 bp	11.4 bp −$11	21.4 bp −$214	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	4.19 bp	10.6 bp −$11	16.7 bp −$167	doesn't fit	doesn't fit

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	0.2514	+0.060%	$207K	$2K	10x	as long as short
Kalshi KXADAPERPlong	0.0000%	8h	0.2513	long leg	$180K	$6.7M	3.2x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2511	−0.065%	$86K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0025%	1h	0.2511	−0.091%	$6.5M	$12.9M	50x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−1.671%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2509	−0.159%	$395K	$8.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2517	+0.163%	$2.5M	$1.1M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2514	+0.050%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2516	+0.119%	$162K	$168K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2516	+0.119%	$107.2M	$381.6M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2515	+0.080%	$74.4M	$111.9M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2517	+0.159%	$33.6M	$111.2M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2511	−0.080%	$102.6M	$60.3M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2516	+0.119%	$61.6M	$61.2M	300x	as long as short
KuCoin ADAUSDTMshort	+0.0100%	8h	0.2515	+0.099%	$30.2M	$15.3M	75x
Bitget ADAUSDT	+0.0100%	8h	0.2516	+0.119%	$68.4M	$51.0M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2515	+0.080%	—	$20.2M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2501	−0.475%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2505	−0.309%	$67K	$286K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2499	−0.566%	$301K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2504	−0.358%	$231K	$750K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2512	−0.020%	$95K	$640K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2510	−0.119%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2511	−0.078%	$41K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2511	−0.082%	$8K	$737K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2510	−0.119%	$345	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2510	−0.116%	$1.4M	$6.6M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2510	−0.119%	$49.0M	$6.6M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2515	+0.092%	$545K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0113%	8h	0.2516	+0.138%	$21K	$250	20x	as long as short
Phoenix ADA	+0.0161%	1h	0.2510	−0.139%	$4K	$95K	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2513	0.000%	$4.6M	$5.9M	75x	as long as short
Reya ADARUSDPERP	+0.0277%	1h	0.2511	−0.060%	$1K	—	15x	as long as short
Backpack ADA_USDC_PERP	+0.0339%	1h	0.2513	0.000%	$144K	$460K	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0427%	1h	0.2511	−0.068%	$623K	$511K	50x	as long as short
Hyperliquid ADA	+0.0534%	1h	0.2519	+0.235%	$45.1M	$16.1M	10x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0602% / S −0.0547%	1h	0.2512	−0.024%	$135K	—	100x	as long as short