ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against MEXC+0.204%49s7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.282% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 4 days (all we have)+0.292%+$29 · spread now +0.204%, 7d avg +0.054%

Together, before fees+0.543%+$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.150% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ADA_USDT	0.2453	0.0100	pay 0.0100% / 8h	5h 06m	$61.7M	$61.0M	300x
Short	BloFin ADA-USDT	0.2458	0.0220	get 0.0220% / 8h	5h 06m	$4.5M	$5.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.204%Rate

Funding earned: $25.2
Price spread: +0.204% → +0.054%: $15.02
Slippage, 4 orders: −$16.23
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $11.99
Costs to cover: 0.282%
Break-even: 3.7 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 2 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 MEXC live order book, 3 min ago	2.03 bp	2.0 bp −$2	4.3 bp −$43	16.3 bp −$1,630	48.3 bp −$24.1K
Sell BloFin live order book, 2 min ago	2.03 bp	16.1 bp −$16	17.5 bp −$175	26.8 bp −$2,679	48.5 bp −$24.3K

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	0.2454	+0.029%	$202K	$3K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2461	+0.326%	$145K	$6.3M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2452	−0.026%	$84K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.734%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2461	+0.326%	$405K	$7.7M	50x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2455	+0.077%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2455	+0.065%	$159K	$163K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2454	+0.036%	$103.7M	$372.3M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2453	0.000%	$71.5M	$111.1M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2452	−0.041%	$32.7M	$106.0M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ADA_USDT	+0.0100%	8h	0.2452	−0.041%	$98.4M	$61.0M	75x	as long as short
MEXC ADA_USDTlong	+0.0100%	8h	0.2453	long leg	$61.7M	$61.0M	300x
KuCoin ADAUSDTM	+0.0100%	8h	0.2453	0.000%	$29.6M	$16.0M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2453	0.000%	$65.9M	$50.0M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2454	+0.041%	—	$20.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2456	+0.126%	$125K	$445K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2467	+0.572%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2466	+0.530%	$66K	$283K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2465	+0.492%	$292K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2463	+0.408%	$227K	$738K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2452	−0.037%	$93K	$680K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2458	+0.204%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2459	+0.251%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2458	+0.205%	$8K	$743K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2457	+0.179%	$338	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2459	+0.239%	$1.3M	$6.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2459	+0.245%	$47.9M	$6.5M	50x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2454	+0.035%	$533K	$1.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0108%	8h	0.2455	+0.078%	$21K	$250	20x	as long as short
Hyperliquid ADA	+0.0119%	1h	0.2454	+0.049%	$42.7M	$14.8M	10x	as long as short
Lighter ADA	+0.0128%	1h	0.2457	+0.159%	$2.4M	$1.1M	10x	as long as short
Phoenix ADA	+0.0163%	1h	0.2465	+0.469%	$4K	$90K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2458	+0.204%	$4.5M	$5.7M	75x
Kraken Futures PF_ADAUSD	+0.0261%	1h	0.2456	+0.134%	$6.2M	$12.7M	50x	as long as short
Reya ADARUSDPERP	+0.0279%	1h	0.2452	−0.022%	$1K	—	15x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0483%	1h	0.2459	+0.245%	$590K	$452K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0484% / S −0.0279%	1h	0.2458	+0.190%	$107K	—	100x	as long as short