Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.010%
Price spread now: Coinbase International against Paradex+0.014%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2436 | 0.0100 | pay 0.0100% / 8h | 23m 00s | $20K | $250 | 20x |
| Short | Coinbase International ADA-PERP-INTX | 0.2436 | 0.0056 | get 0.0007% / 1h | 23m 00s | $402K | $7.3M | 50x |
Paradex ADA-USD-PERP
Coinbase International ADA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Paradex. 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
- −$9.27
- Price spread: +0.014% → 0.000%
- $1.41
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$21.86
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 1 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 2.06 bp | 12.7 bp −$13 | 18.5 bp −$185 | doesn't fit | doesn't fit |
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 | 0.2436 | +0.003% | $200K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2436 | +0.014% | $186K | $6.1M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2437 | +0.037% | $84K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTXshort | +0.0056% | 1h | 0.2436 | +0.014% | $402K | $7.3M | 50x | |
| Lighter ADA | +0.0096% | 1h | 0.2439 | +0.150% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2439 | +0.150% | $42.2M | $14.2M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2438 | +0.108% | $1.2M | $929K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2436 | −0.002% | $156K | $145K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2438 | +0.096% | $101.2M | $364.8M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2438 | +0.096% | $70.9M | $103.8M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Lighter ADA
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2439 | +0.137% | $32.2M | $106.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2438 | +0.096% | $96.8M | $60.1M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2438 | +0.096% | $51.9M | $50.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2438 | +0.100% | $29.9M | $18.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2439 | +0.137% | $65.5M | $43.4M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2438 | +0.096% | — | $21.3M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2439 | +0.137% | $104K | $419K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2437 | +0.064% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2435 | −0.018% | $65K | $281K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2439 | +0.121% | $291K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2434 | −0.068% | $55K | $581K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2436 | +0.010% | $92K | $638K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2437 | +0.055% | $6K | $31K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2437 | +0.075% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2438 | +0.095% | $9K | $766K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2437 | +0.076% | $335 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2435 | −0.008% | $1.3M | $5.4M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2437 | +0.055% | $47.6M | $5.9M | 50x | as long as short |
| Paradex ADA-USD-PERPlong | +0.0100% | 8h | 0.2436 | long leg | $20K | $250 | 20x | |
| Extended ADA-USD | +0.0104% | 1h | 0.2438 | +0.099% | $551K | $1.8M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0114% | 1h | 0.2438 | +0.082% | $6.1M | $11.7M | 50x | as long as short |
| Phoenix ADA | +0.0130% | 1h | 0.2440 | +0.166% | $4K | $78K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2436 | +0.014% | $4.4M | $5.5M | 75x | as long as short |
| Injective ADA/USDC PERP | +0.0254% | 1h | 0.2471 | +1.451% | $849 | $202K | 12x | as long as short |
| Reya ADARUSDPERP | +0.0284% | 1h | 0.2437 | +0.037% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0563% / S −0.0313% | 1h | 0.2436 | +0.026% | $121K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.3484% | 1h | 0.2446 | +0.437% | $492K | $430K | 50x | as long as short |
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
Extended ADA-USD
Kraken Futures PF_ADAUSD
Phoenix ADA
BloFin ADA-USDT
Injective ADA/USDC PERP
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL