Funding you earn now, next payment 12:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h −0.020%
Price spread now: dYdX against Pacifica−0.118%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2252.246% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.118%, 7d avg −0.025%
=Together, before fees−0.099%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.093% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ADA | 0.2463 | 0.0100 | pay 0.0013% / 1h | 10m 07s | $158K | $148K | 10x |
| Short | dYdX ADA-USD | 0.2460 | 0.0005 | get 0.0001% / 1h | 10m 07s | $207K | $6K | 10x |
Pacifica ADA
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- −$19.91
- Price spread: −0.118% → −0.025%
- −$9.31
- Slippage, 4 orders
- −$206.57
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$253.79
- Costs to cover
- 2.246%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 31 min ago; dYdX: live order book, 32 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 Pacifica live order book, 31 min ago | 2.64 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 32 min ago | 58.98 bp | 107.8 bp −$108 | 152.6 bp −$1,526 | 157.0 bp −$15.7K | 160.8 bp −$80.4K |
ADA on 37 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ADAUSD | −0.0104% | 1h | 0.2462 | −0.053% | $6.3M | $12.8M | 50x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2463 | −0.012% | $172K | $7.6M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2461 | −0.086% | $84K | — | 150x | as long as short |
| dYdX ADA-USDshort | +0.0005% | 1h | 0.2460 | −0.118% | $207K | $6K | 10x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.313% | $849 | $202K | 12x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2463 | −0.016% | $2.4M | $941K | 10x | as long as short |
| Phoenix ADA | +0.0098% | 1h | 0.2465 | +0.086% | $3K | $102K | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2465 | +0.069% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADAlong | +0.0100% | 1h | 0.2463 | long leg | $158K | $148K | 10x | |
| Binance ADAUSDT | +0.0100% | 8h | 0.2465 | +0.078% | $105.9M | $370.9M | 75x | as long as short |
Kraken Futures PF_ADAUSD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Lighter ADA
Phoenix ADA
Aster ADAUSDT
Binance ADAUSDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2464 | +0.029% | $74.8M | $120.1M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2466 | +0.110% | $32.5M | $102.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2461 | −0.093% | $101.6M | $58.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2462 | −0.052% | $51.4M | $71.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2462 | −0.060% | $29.5M | $14.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2463 | −0.012% | $67.6M | $48.4M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2462 | −0.052% | — | $18.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2463 | −0.024% | $143K | $449K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2460 | −0.141% | $4.1M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2465 | +0.073% | $66K | $290K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2466 | +0.124% | $292K | $3.6M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2467 | +0.151% | $66K | $765K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2461 | −0.081% | $91K | $1.5M | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2461 | −0.093% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2461 | −0.095% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2462 | −0.054% | $8K | $646K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2462 | −0.040% | $339 | $6K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2463 | −0.031% | $1.3M | $6.6M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2462 | −0.052% | $47.6M | $7.9M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2462 | −0.042% | $19K | $589 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2462 | −0.067% | $545K | $1.7M | 50x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0116% | 1h | 0.2462 | −0.052% | $570K | $834K | 50x | as long as short |
| Hyperliquid ADA | +0.0131% | 1h | 0.2465 | +0.065% | $43.9M | $16.3M | 10x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0216% | 1h | 0.2464 | +0.029% | $399K | $7.6M | 50x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2462 | −0.052% | $4.6M | $5.5M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0267% | 1h | 0.2461 | −0.103% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0368% / S −0.0294% | 1h | 0.2461 | −0.110% | $87K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
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
Paradex ADA-USD-PERP
Extended ADA-USD
Deribit ADA_USDC-PERPETUAL
Hyperliquid ADA
Coinbase International ADA-PERP-INTX
BloFin ADA-USDT
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]