Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.5% APRpaid last 24h −0.001%
Price spread now: Paradex against Lighter−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2469 | 0.0096 | pay 0.0012% / 1h | 15m 35s | $2.4M | $1.1M | 10x |
| Short | Paradex ADA-USD-PERP | 0.2468 | 0.0109 | get 0.0109% / 8h | 4h 15m | $21K | $250 | 20x |
Lighter ADA
Paradex ADA-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Lighter. 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
- $2.8
- Price spread: −0.014% → 0.000%
- −$1.4
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$2.61
- Costs to cover
- 0.040%
- Break-even
- 13.5 days
Slippage unknown: Lighter: live order book, 6 min ago; Paradex: 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 Lighter live order book, 6 min ago | 2.83 bp | 7.1 bp −$7 | 19.1 bp −$191 | 52.6 bp −$5,258 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 0.2465 | −0.172% | $203K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2469 | +0.008% | $154K | $6.2M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2465 | −0.140% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.089% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2463 | −0.235% | $428K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2466 | −0.096% | $6.3M | $12.7M | 50x | as long as short |
| Lighter ADAlong | +0.0096% | 1h | 0.2469 | long leg | $2.4M | $1.1M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2466 | −0.130% | $1.2M | $986K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2467 | −0.066% | $160K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2469 | +0.006% | $104.5M | $370.2M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2468 | −0.032% | $72.0M | $108.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2468 | −0.032% | $33.0M | $105.3M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2465 | −0.154% | $98.4M | $59.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2467 | −0.073% | $61.9M | $60.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2465 | −0.146% | $29.8M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2467 | −0.073% | $66.4M | $49.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2466 | −0.113% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2466 | −0.130% | $125K | $442K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2465 | −0.151% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2468 | −0.027% | $66K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2469 | +0.003% | $298K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2468 | −0.032% | $228K | $746K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2467 | −0.077% | $94K | $689K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2466 | −0.113% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2468 | −0.044% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2468 | −0.034% | $9K | $729K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2467 | −0.093% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2467 | −0.089% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2467 | −0.073% | $48.1M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2467 | −0.059% | $537K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPshort | +0.0109% | 8h | 0.2468 | −0.014% | $21K | $250 | 20x | |
| Hyperliquid ADA | +0.0191% | 1h | 0.2469 | −0.004% | $42.9M | $14.7M | 10x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2470 | +0.032% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2467 | −0.073% | $4.3M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2466 | −0.133% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0520% | 1h | 0.2468 | −0.032% | $599K | $488K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0595% / S −0.0547% | 1h | 0.2466 | −0.123% | $133K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Hyperliquid ADA
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]