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: OKX against Kalshi0.000%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on Kalshi Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.208%+$21 on $10k

Price spread, last 7 days−0.024%−$2 · spread now 0.000%, 7d avg +0.045%

Together, before fees+0.183%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.045% cheaper against Kalshi than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.045%). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXADAPERP	0.2462	0	get 0.0000% / 8h	5h 15m	$201K	$7.6M	3.2x
Short	OKX ADA-USDT-SWAP	0.2462	0.0100	get 0.0100% / 8h	1h 15m	$32.8M	$118.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → +0.045%: −$4.54
Slippage, 4 orders: −$18.81
Fee Kalshi: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.35
Costs to cover: 0.388%
Break-even: 14.5 days

Slippage from Kalshi: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	6.10 bp	11.6 bp −$12	21.1 bp −$211	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	2.03 bp	9.0 bp −$9	13.4 bp −$134	44.9 bp −$4,489	doesn't fit

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 KXADAPERPlong	0.0000%	8h	0.2462	long leg	$201K	$7.6M	3.2x
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2461	−0.029%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.366%	$849	$202K	12x	as long as short
dYdX ADA-USD	+0.0039%	1h	0.2462	−0.020%	$203K	$2K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2462	0.000%	$6K	$5K	20x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2462	+0.003%	$1.2M	$1.1M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2462	+0.012%	$158K	$177K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2462	+0.012%	$103.6M	$407.6M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2462	0.000%	$73.2M	$124.5M	75x	as long as short
OKX ADA-USDT-SWAPshort	+0.0100%	8h	0.2462	0.000%	$32.8M	$118.9M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2461	−0.041%	$100.8M	$64.9M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2461	−0.041%	$52.8M	$65.3M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2462	+0.020%	$29.4M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2462	0.000%	$67.0M	$53.6M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2462	0.000%	—	$6.6M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2462	+0.003%	$4.2M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2458	−0.171%	$66K	$288K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2457	−0.190%	$293K	$3.9M	10x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2462	+0.004%	$128K	$1.3M	10x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2463	+0.041%	$8K	$757K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2462	+0.020%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2463	+0.061%	$1.3M	$7.0M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2462	0.000%	$47.7M	$7.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2462	−0.009%	$516K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0107%	8h	0.2464	+0.066%	$21K	$250	20x	as long as short
Coinbase International ADA-PERP-INTX	+0.0120%	1h	0.2461	−0.041%	$380K	$8.4M	50x	as long as short
ApeX Omni ADAUSDT	+0.0126%	1h	0.2457	−0.203%	$79K	$893K	50x	as long as short
Lighter ADA	+0.0152%	1h	0.2465	+0.102%	$2.4M	$1.0M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2457	−0.187%	$4K	$111K	10x	as long as short
Kraken Futures PF_ADAUSD	+0.0169%	1h	0.2463	+0.024%	$6.4M	$13.9M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0181%	1h	0.2463	+0.045%	$140K	$484K	15x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2461	−0.041%	$4.5M	$5.9M	75x	as long as short
Reya ADARUSDPERP	+0.0274%	1h	0.2462	0.000%	$1K	—	15x	as long as short
Hyperliquid ADA	+0.0321%	1h	0.2465	+0.114%	$43.3M	$18.1M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0441%	1h	0.2463	+0.057%	$629K	$617K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0603% / S −0.0679%	1h	0.2461	−0.049%	$156K	—	100x	as long as short