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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXADAPERP | 0.2485 | 0 | get 0.0000% / 8h | 7h 23m | $144K | $6.8M | 3.2x |
| Short | Variational Omni ADA | 0.2486 | 0.0100 | get 0.0100% / 8h | 3h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kalshi live order book, 5 min ago | 2.00 bp | 7.4 bp −$7 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 8.06 bp | doesn't fit | 12.1 bp −$121 | 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 | 0.2484 | −0.048% | $204K | $2K | 10x | as long as short |
| Kalshi KXADAPERPlong | 0.0000% | 8h | 0.2485 | long leg | $144K | $6.8M | 3.2x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2484 | −0.027% | $85K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0026% | 1h | 0.2484 | −0.045% | $6.4M | $13.0M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.563% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2485 | 0.000% | $384K | $8.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2487 | +0.068% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2486 | +0.032% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2485 | +0.016% | $160K | $169K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2486 | +0.035% | $106.0M | $384.8M | 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 | 0.2486 | +0.040% | $74.9M | $114.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2488 | +0.121% | $33.3M | $110.8M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2484 | −0.040% | $100.6M | $61.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2485 | 0.000% | $60.2M | $62.2M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2486 | +0.052% | $29.8M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2488 | +0.121% | $67.7M | $51.5M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2485 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2486 | +0.042% | $4.3M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2491 | +0.234% | $66K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2503 | +0.733% | $293K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2490 | +0.201% | $230K | $754K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2485 | −0.016% | $94K | $626K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2484 | −0.040% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2485 | −0.001% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2484 | −0.042% | $8K | $739K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2484 | −0.040% | $342 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2485 | −0.006% | $1.3M | $6.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2484 | −0.040% | $48.4M | $6.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0101% | 8h | 0.2485 | +0.015% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2485 | −0.007% | $540K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2492 | +0.294% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2486 | +0.040% | $4.6M | $5.8M | 75x | as long as short |
| Backpack ADA_USDC_PERP | +0.0242% | 1h | 0.2486 | +0.028% | $136K | $463K | 15x | as long as short |
| Reya ADARUSDPERP | +0.0277% | 1h | 0.2484 | −0.022% | $1K | — | 15x | as long as short |
| Hyperliquid ADA | +0.0419% | 1h | 0.2490 | +0.197% | $44.6M | $16.1M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0475% | 1h | 0.2486 | +0.028% | $611K | $533K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0614% / S −0.0569% | 1h | 0.2484 | −0.052% | $138K | — | 100x | as long as short |
Kalshi KXADAPERP
Variational Omni ADA
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]