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 OKX−0.080%83s7-day average +0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as 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−$400.397% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.262%+$26 on $10k

Price spread, last 4 days (all we have)+0.245%+$25 · spread now −0.080%, 7d avg +0.030%

Together, before fees+0.507%+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.111% cheaper against OKX than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.030%). If the spread goes back, that is −$11 on $10k: about 3.1 days of funding at the current rate (+$4 a day). The two prices were read 83 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	OKX ADA-USDT-SWAP	0.2488	0.0100	pay 0.0100% / 8h	3h 23m	$33.3M	$110.8M	50x
Short	BloFin ADA-USDT	0.2486	0.0220	get 0.0220% / 8h	3h 23m	$4.6M	$5.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.080%Rate

Funding earned: $25.2
Price spread: −0.080% → +0.030%: −$11.08
Slippage, 4 orders: −$17.65
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.53
Costs to cover: 0.397%
Break-even: 14.1 days

Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 10 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 OKX live order book, 5 min ago	2.00 bp	8.7 bp −$9	15.9 bp −$159	48.5 bp −$4,853	doesn't fit
Sell BloFin live order book, 10 min ago	6.00 bp	12.0 bp −$12	12.0 bp −$120	19.0 bp −$1,900	44.2 bp −$22.1K

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	−0.169%	$204K	$2K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2485	−0.121%	$144K	$6.8M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2484	−0.148%	$85K	—	150x	as long as short
Kraken Futures PF_ADAUSD	+0.0026%	1h	0.2484	−0.166%	$6.4M	$13.0M	50x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	−0.683%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0080%	1h	0.2485	−0.121%	$384K	$8.2M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2487	−0.052%	$2.5M	$1.1M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2486	−0.088%	$1.2M	$1.0M	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2485	−0.105%	$160K	$169K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2486	−0.086%	$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	−0.080%	$74.9M	$114.3M	75x	as long as short
OKX ADA-USDT-SWAPlong	+0.0100%	8h	0.2488	long leg	$33.3M	$110.8M	50x
Gate ADA_USDT	+0.0100%	8h	0.2484	−0.161%	$100.6M	$61.7M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2485	−0.121%	$60.2M	$62.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2486	−0.068%	$29.8M	$15.3M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2488	0.000%	$67.7M	$51.5M	75x	as long as short
BingX ADA-USDC	+0.0100%	8h	0.2485	−0.121%	—	$6.6M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2486	−0.079%	$4.3M	$1.1M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2491	+0.113%	$66K	$284K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2503	+0.612%	$293K	$3.9M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2490	+0.080%	$230K	$754K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2485	−0.137%	$94K	$626K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2484	−0.161%	$6K	$6K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2485	−0.121%	$40K	$2K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2484	−0.163%	$8K	$739K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2484	−0.161%	$342	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2485	−0.127%	$1.3M	$6.6M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2484	−0.161%	$48.4M	$6.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0101%	8h	0.2485	−0.105%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2485	−0.128%	$540K	$1.8M	50x	as long as short
Phoenix ADA	+0.0161%	1h	0.2492	+0.173%	$4K	$95K	10x	as long as short
BloFin ADA-USDTshort	+0.0220%	8h	0.2486	−0.080%	$4.6M	$5.8M	75x
Backpack ADA_USDC_PERP	+0.0242%	1h	0.2486	−0.092%	$136K	$463K	15x	as long as short
Reya ADARUSDPERP	+0.0277%	1h	0.2484	−0.143%	$1K	—	15x	as long as short
Hyperliquid ADA	+0.0419%	1h	0.2490	+0.076%	$44.6M	$16.1M	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0475%	1h	0.2486	−0.092%	$611K	$533K	50x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0614% / S −0.0569%	1h	0.2484	−0.172%	$138K	—	100x	as long as short