ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.045%

Price spread now: GMX against Pacifica−0.084%7-day average +0.006% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.142%+$14 on $10k

Price spread, last 3 days (all we have)+0.267%+$27 · spread now −0.084%, 7d avg +0.006%

Together, before fees+0.409%+ Points / potential airdropPacifica: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.090% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.006%). If the spread goes back, that is −$9 on $10k: about 34 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ADA	0.2469	0.0100	pay 0.0013% / 1h	48m 43s	$159K	$144K	10x
Short	GMX ADA/USD [WBTC.b-USDC]	0.2467	L +0.0567% / S −0.0313%	get 0.0039% / 1h	48m 43s	$122K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PacificabpFee GMXbpOrdersPrice spread, now −0.084%Rate

Funding earned: $44.65
Price spread: −0.084% → +0.006%: −$9.03
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $15.62
Costs to cover: 0.200%
Break-even: 4.6 days

Slippage unknown: Pacifica: live order book, 29 min ago; GMX: 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 Pacifica live order book, 29 min ago	2.03 bp	9.5 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	0.2469	−0.023%	$203K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2470	+0.036%	$157K	$6.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2468	−0.062%	$85K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0056%	1h	0.2466	−0.126%	$407K	$7.3M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2470	+0.049%	$2.5M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2472	+0.113%	$42.8M	$14.2M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2471	+0.077%	$1.2M	$925K	75x	as long as short
Pacifica ADAlong	+0.0100%	1h	0.2469	long leg	$159K	$144K	10x
Binance ADAUSDT	+0.0100%	8h	0.2469	−0.004%	$102.8M	$360.9M	75x	as long as short
Bybit ADAUSDT	+0.0100%	8h	0.2468	−0.045%	$71.9M	$102.3M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2468	−0.045%	$32.5M	$107.3M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2470	+0.036%	$97.8M	$59.2M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2468	−0.045%	$53.2M	$50.5M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2471	+0.073%	$30.4M	$18.1M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2467	−0.085%	$66.1M	$43.1M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2470	+0.036%	—	$18.0M	—	as long as short
Variational Omni ADA	+0.0100%	8h	0.2474	+0.206%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2475	+0.237%	$66K	$281K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2475	+0.246%	$299K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2475	+0.239%	$56K	$582K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2468	−0.061%	$97K	$624K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2465	−0.166%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2466	−0.110%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2467	−0.085%	$9K	$760K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2467	−0.105%	$339	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2467	−0.099%	$1.3M	$5.2M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2466	−0.126%	$48.1M	$5.9M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2468	−0.036%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2471	+0.079%	$561K	$1.8M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0113%	1h	0.2467	−0.091%	$6.2M	$11.5M	50x	as long as short
Backpack ADA_USDC_PERP	+0.0118%	1h	0.2469	−0.016%	$109K	$415K	15x	as long as short
Phoenix ADA	+0.0130%	1h	0.2475	+0.247%	$4K	$78K	10x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0196%	1h	0.2466	−0.109%	$489K	$410K	50x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2470	+0.036%	$4.4M	$5.5M	75x	as long as short
Injective ADA/USDC PERP	+0.0254%	1h	0.2471	+0.077%	$849	$202K	12x	as long as short
Reya ADARUSDPERP	+0.0284%	1h	0.2468	−0.061%	$1K	—	15x	as long as short
GMX ADA/USD [WBTC.b-USDC]short	L +0.0567% / S −0.0313%	1h	0.2467	−0.084%	$122K	—	100x