Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.023%
Price spread now: dYdX against Polymarket Perps−0.007%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3253.247% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.814%−$81 · spread now −0.007%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ADA-USD | 0.2450 | 0.0100 | pay 0.0013% / 1h | 56m 59s | $94K | $672K | 10x |
| Short | dYdX ADA-USD | 0.2450 | 0 | get 0.0000% / 1h | 56m 59s | $202K | $3K | 10x |
Polymarket Perps ADA-USD
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. 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
- −$21
- Price spread: −0.007% → −0.016%
- $0.9
- Slippage, 4 orders
- −$306.67
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$344.77
- Costs to cover
- 3.247%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; dYdX: live order book, 7 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 Polymarket Perps live order book, 6 min ago | 3.05 bp | 7.1 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 7 min ago | 150.28 bp | 155.3 bp −$155 | 155.3 bp −$1,553 | 155.3 bp −$15.5K | 165.3 bp −$82.7K |
ADA on 35 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-USDshort | 0.0000% | 1h | 0.2450 | −0.007% | $202K | $3K | 10x | |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.861% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2448 | −0.078% | $410K | $7.4M | 50x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2453 | +0.108% | $42.7M | $14.3M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2450 | −0.001% | $1.2M | $982K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2450 | +0.016% | $157K | $158K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2455 | +0.210% | $103.1M | $366.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2455 | +0.208% | $72.5M | $107.4M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2456 | +0.249% | $32.6M | $105.7M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2450 | +0.004% | $97.9M | $58.1M | 75x | as long as short |
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | +0.086% | $65.0M | $53.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2452 | +0.098% | $29.8M | $17.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2455 | +0.208% | $65.7M | $47.2M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2453 | +0.127% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2452 | +0.106% | $127K | $415K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2456 | +0.252% | $4.2M | $991K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2456 | +0.260% | $65K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2455 | +0.208% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2455 | +0.208% | $56K | $590K | 50x | as long as short |
| Polymarket Perps ADA-USDlong | +0.0100% | 1h | 0.2450 | long leg | $94K | $672K | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2450 | +0.004% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2451 | +0.038% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2451 | +0.043% | $9K | $747K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2450 | +0.004% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2451 | +0.039% | $1.3M | $5.9M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2450 | +0.004% | $47.7M | $6.3M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2454 | +0.164% | $532K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0106% | 8h | 0.2450 | +0.004% | $126K | $6.2M | 3.2x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2450 | +0.023% | $21K | $250 | 20x | as long as short |
| Lighter ADA | +0.0128% | 1h | 0.2452 | +0.082% | $2.4M | $1.0M | 10x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2454 | +0.184% | $4K | $90K | 10x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0262% | 1h | 0.2449 | −0.017% | $6.2M | $12.1M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0280% | 1h | 0.2449 | −0.056% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0281% | 1h | 0.2451 | +0.045% | $501K | $470K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0416% / S −0.0202% | 1h | 0.2450 | 0.000% | $95K | — | 100x | as long as short |
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Kalshi KXADAPERP
Paradex ADA-USD-PERP
Lighter ADA
Phoenix ADA
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]