Settings8H · net · $10k
Funding arb · Price arb /

ADA

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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: Variational Omni against Kalshi+0.042%7-day average +0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.100%+$10 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.042%, 7d avg +0.043%
Together, before fees+0.070%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXADAPERP0.24850get 0.0000% / 8h7h 23m$144K$6.8M3.2x
ShortVariational Omni ADA0.24860.0100get 0.0100% / 8h3h 23m$4.3M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$21
Price spread: +0.042% → +0.043%
−$0.13
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$10.87
Costs to cover
0.100%
Break-even
3.4 days
Slippage unknown: Kalshi: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 5 min ago2.00 bp7.4 bp −$716.4 bp −$164doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now8.06 bpdoesn't fit12.1 bp −$121doesn't fitdoesn't fit

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ADA-USD0.0000%1h0.2484−0.048%$204K$2K10xas long as short
Kalshi KXADAPERPlong0.0000%8h0.2485long leg$144K$6.8M3.2x
gTrade (Gains Network) ADA/USDL +0.0005% / S −0.0003%1h0.2484−0.027%$85K150xas long as short
Kraken Futures PF_ADAUSD+0.0026%1h0.2484−0.045%$6.4M$13.0M50xas long as short
Injective ADA/USDC PERP+0.0033%1h0.2471−0.563%$849$202K12xas long as short
Coinbase International ADA-PERP-INTX+0.0080%1h0.24850.000%$384K$8.2M50xas long as short
Lighter ADA+0.0096%1h0.2487+0.068%$2.5M$1.1M10xas long as short
Aster ADAUSDT+0.0100%8h0.2486+0.032%$1.2M$1.0M75xas long as short
Pacifica ADA+0.0100%1h0.2485+0.016%$160K$169K10xas long as short
Binance ADAUSDT+0.0100%8h0.2486+0.035%$106.0M$384.8M75xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ADAUSDT+0.0100%8h0.2486+0.040%$74.9M$114.3M75xas long as short
OKX ADA-USDT-SWAP+0.0100%8h0.2488+0.121%$33.3M$110.8M50xas long as short
Gate ADA_USDT+0.0100%8h0.2484−0.040%$100.6M$61.7M75xas long as short
MEXC ADA_USDT+0.0100%8h0.24850.000%$60.2M$62.2M300xas long as short
KuCoin ADAUSDTM+0.0100%8h0.2486+0.052%$29.8M$15.3M75xas long as short
Bitget ADAUSDT+0.0100%8h0.2488+0.121%$67.7M$51.5M75xas long as short
BingX ADA-USDC+0.0100%8h0.24850.000%$6.6Mas long as short
Variational Omni ADAshort+0.0100%8h0.2486+0.042%$4.3M$1.1M
edgeX ADAUSDC+0.0100%4h0.2491+0.234%$66K$284K20xas long as short
GRVT ADA_USDT_Perp+0.0100%8h0.2503+0.733%$293K$3.9M10xas long as short
ApeX Omni ADAUSDT+0.0100%1h0.2490+0.201%$230K$754K50xas long as short
Polymarket Perps ADA-USD+0.0100%1h0.2485−0.016%$94K$626K10xas long as short
Orderly PERP_ADA_USDC+0.0100%8h0.2484−0.040%$6K$6K20xas long as short
Derive ADA-PERP+0.0100%1h0.2485−0.001%$40K$2K5xas long as short
SunX ADA-USDT+0.0100%8h0.2484−0.042%$8K$739K30xas long as short
SoDEX ADA-USD+0.0100%1h0.2484−0.040%$342$13K10xas long as short
HTX ADA-USDT+0.0100%8h0.2485−0.006%$1.3M$6.6M75xas long as short
Phemex ADAUSDT+0.0100%8h0.2484−0.040%$48.4M$6.9M50xas long as short
Paradex ADA-USD-PERP+0.0101%8h0.2485+0.015%$21K$25020xas long as short
Extended ADA-USD+0.0104%1h0.2485−0.007%$540K$1.8M50xas long as short
Phoenix ADA+0.0161%1h0.2492+0.294%$4K$95K10xas long as short
BloFin ADA-USDT+0.0220%8h0.2486+0.040%$4.6M$5.8M75xas long as short
Backpack ADA_USDC_PERP+0.0242%1h0.2486+0.028%$136K$463K15xas long as short
Reya ADARUSDPERP+0.0277%1h0.2484−0.022%$1K15xas long as short
Hyperliquid ADA+0.0419%1h0.2490+0.197%$44.6M$16.1M10xas long as short
Deribit ADA_USDC-PERPETUAL+0.0475%1h0.2486+0.028%$611K$533K50xas long as short
GMX ADA/USD [WBTC.b-USDC]L +0.0614% / S −0.0569%1h0.2484−0.052%$138K100xas long as short