Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Paradex−0.083%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.083% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ADA-USD-PERP | 0.2509 | 0.0115 | pay 0.0115% / 8h | 3h 49m | $21K | $250 | 20x |
| Short | Gate ADA_USDT | 0.2507 | 0.0100 | get 0.0100% / 8h | 3h 49m | $101.9M | $59.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$3.17
- Price spread: −0.083% → 0.000%
- −$8.31
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$30.49
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.00 bp | 13.3 bp −$13 | 19.0 bp −$190 | 102.4 bp −$10.2K | 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 | 0.2512 | +0.133% | $207K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2513 | +0.156% | $186K | $6.7M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2506 | −0.110% | $86K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2507 | −0.069% | $6.4M | $12.8M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.518% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2508 | −0.043% | $430K | $8.1M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2507 | −0.069% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2513 | +0.172% | $163K | $160K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2508 | −0.043% | $105.7M | $378.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2506 | −0.123% | $73.9M | $110.7M | 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 | 0.2507 | −0.083% | $33.5M | $109.7M | 50x | as long as short |
| Gate ADA_USDTshort | +0.0100% | 8h | 0.2507 | −0.083% | $101.9M | $59.9M | 75x | |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2507 | −0.083% | $60.4M | $60.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2508 | −0.059% | $30.2M | $15.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2507 | −0.083% | $68.0M | $50.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2508 | −0.043% | — | $6.6M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2514 | +0.198% | $4.4M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2507 | −0.084% | $67K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2506 | −0.134% | $296K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2508 | −0.043% | $231K | $749K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2508 | −0.047% | $96K | $697K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2507 | −0.083% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2508 | −0.061% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2510 | +0.033% | $8K | $733K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2507 | −0.063% | $345 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2507 | −0.078% | $1.4M | $6.5M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2507 | −0.083% | $48.9M | $6.6M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2507 | −0.091% | $546K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERPlong | +0.0115% | 8h | 0.2509 | long leg | $21K | $250 | 20x | |
| Lighter ADA | +0.0128% | 1h | 0.2511 | +0.064% | $2.5M | $1.1M | 10x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2520 | +0.451% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2518 | +0.355% | $4.6M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0278% | 1h | 0.2507 | −0.083% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0367% | 1h | 0.2509 | −0.023% | $140K | $455K | 15x | as long as short |
| Hyperliquid ADA | +0.0542% | 1h | 0.2510 | +0.036% | $44.9M | $16.0M | 10x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0601% / S −0.0547% | 1h | 0.2507 | −0.097% | $135K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.1586% | 1h | 0.2510 | +0.056% | $623K | $510K | 50x | as long as short |
Paradex ADA-USD-PERP
Gate ADA_USDT
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Lighter ADA
Phoenix ADA
BloFin ADA-USDT
Backpack ADA_USDC_PERP
Hyperliquid ADA
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL