ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.013%

Price spread now: GMX against Reya−0.074%7-day average — · you buy dearer than you sell

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

Long on Reya Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.074% cheaper against Reya than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ADARUSDPERP	0.2469	0.0282	pay 0.0035% / 1h	26m 53s	$1K	—	15x
Short	GMX ADA/USD [WBTC.b-USDC]	0.2467	L +0.0626% / S −0.0393%	get 0.0049% / 1h	26m 53s	$142K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 ReyabpFee GMXbpOrdersPrice spread, now −0.074%Rate

Funding earned: $23.18
Price spread: −0.074% → 0.000%: −$7.41
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$2.23
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Reya and 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	0.2466	−0.118%	$203K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2469	−0.001%	$184K	$6.1M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2468	−0.057%	$85K	—	150x	as long as short
Injective ADA/USDC PERP	+0.0033%	1h	0.2471	+0.080%	$849	$202K	12x	as long as short
Coinbase International ADA-PERP-INTX	+0.0040%	1h	0.2468	−0.042%	$418K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0047%	1h	0.2468	−0.032%	$6.2M	$11.7M	50x	as long as short
Phoenix ADA	+0.0098%	1h	0.2467	−0.094%	$4K	$84K	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2468	−0.042%	$1.2M	$948K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2468	−0.055%	$161K	$148K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2469	+0.004%	$103.0M	$365.7M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2469	−0.001%	$72.5M	$104.2M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2470	+0.039%	$32.6M	$107.3M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2467	−0.082%	$98.2M	$59.0M	75x	as long as short
MEXC ADA_USDT	+0.0100%	8h	0.2468	−0.042%	$53.5M	$51.2M	300x	as long as short
KuCoin ADAUSDTM	+0.0100%	8h	0.2468	−0.030%	$30.3M	$17.8M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2468	−0.042%	$66.1M	$44.2M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2469	−0.001%	—	$20.4M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2468	−0.034%	$129K	$415K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2470	+0.044%	$4.2M	$942K	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2466	−0.110%	$66K	$280K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2472	+0.111%	$290K	$3.7M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2467	−0.082%	$56K	$584K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2468	−0.034%	$94K	$645K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2468	−0.042%	$6K	$29K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2469	−0.013%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2469	−0.002%	$9K	$765K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2469	−0.021%	$340	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2468	−0.056%	$1.3M	$5.5M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2468	−0.042%	$48.2M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0103%	8h	0.2467	−0.098%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2468	−0.023%	$540K	$1.8M	50x	as long as short
Lighter ADA	+0.0160%	1h	0.2470	+0.047%	$2.5M	$1.1M	10x	as long as short
Hyperliquid ADA	+0.0179%	1h	0.2470	+0.043%	$43.2M	$14.5M	10x	as long as short
BloFin ADA-USDT	+0.0220%	8h	0.2468	−0.042%	$4.4M	$5.5M	75x	as long as short
Deribit ADA_USDC-PERPETUAL	+0.0277%	1h	0.2469	+0.011%	$496K	$434K	50x	as long as short
Reya ADARUSDPERPlong	+0.0282%	1h	0.2469	long leg	$1K	—	15x
GMX ADA/USD [WBTC.b-USDC]short	L +0.0626% / S −0.0393%	1h	0.2467	−0.074%	$142K	—	100x